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Elmwood Park Market Trends for June 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Elmwood Park home sales for the month of June rose in volume by 14.8% when compared to last year, while the median sale price rose by 15% from $250,000 to $287,500. The number of Single Family homes sales rose by 10.5%, while the median sale price rose by 23.2% from $250,000 to $308,000. Condo/townhome sales rose by 25%, while the median sale price decreased by 45.3% from $181,500 to $99,250.

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Median Sale Prices for Elmwood Park

319k
300k
216k
250k
243k
270k
245k
270k
274k
199k
222k
271k
206k
260k
260k
287k
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Number of Sales for Elmwood Park

23
29
22
27
31
31
18
25
30
25
13
14
23
29
19
31
3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20 3/20 4/20 5/20 6/20

Real Estate Sales for June in Elmwood Park

  June Year to Date (Jan 1 - July 5)
  2019 2020 Change 2019 2020 Change
Homes Sold 27 31 +14.8% 105 132 +25.7%
(Single Family) 19 21 +10.5% 78 91 +16.7%
(Condos/Townhomes) 8 10 +25% 27 41 +51.9%
Median Sale Price $250,000 $287,500 +15% $255,000 $250,450 -1.8%
(Single Family) $250,000 $308,000 +23.2% $283,750 $295,000 +4%
(Condos/Townhomes) $181,500 $99,250 -45.3% $118,500 $145,000 +22.4%
Days on Market 31 18 -41.9% 25 25 -2%
(Single Family) 36 19 -47.2% 27 23 -13.2%
(Condos/Townhomes) 30 9 -70% 17 29 +70.6%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Elmwood Park? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

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Marco Amidei is an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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