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Saturday, December 28, 2024

Elwood home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Elwood fell by $149,250 while total sales increased by 175%, according to BlockShopper.com.

In April 2017, there were 11 homes sold, with a median sale price of $357,000 - a 29.5% decrease over the $506,250 median sale price for the same period of the previous year. There were four homes sold in Elwood in April 2016.

The following table compares Elwood to other Suffolk County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Center Moriches10100%$362,500$277,50030.6%
East Moriches5366.7%$360,000$352,0002.3%
Peconic63100%$359,500$849,000-57.7%
Sayville121020%$357,500$429,500-16.8%
Mount Sinai9650%$357,147$320,75011.3%
Elwood114175%$357,000$506,250-29.5%
Babylon511-54.5%$348,500$268,00030%
Islip231921.1%$348,000$273,00027.5%
Amityville125140%$347,250$310,00012%
Wheatley Heights84100%$345,000$379,964.50-9.2%
North Great River34-25%$340,000$296,25014.8%

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