Elmwood Park Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Elmwood Park home sales for the month of February rose in volume by 18.2% when compared to last year, while the median sale price rose by 56.6% from $182,000 to $285,000. The number of Single Family homes sales rose by 83.3%, while the median sale price rose by 11.8% from $263,750 to $295,000. Condo/townhome sales decreased by 60%, while the median sale price rose by 4.6% from $141,000 to $147,450.

» View homes for sale in Elmwood Park   » View all recent sales in Elmwood Park

Median Sale Prices for Elmwood Park

227k
195k
285k
182k
309k
291k
216k
246k
239k
270k
245k
270k
274k
204k
222k
285k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Elmwood Park

31
13
19
11
24
31
22
28
32
31
18
25
30
26
13
13
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Elmwood Park

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 11 13 +18.2% 31 28 -9.7%
(Single Family) 6 11 +83.3% 19 22 +15.8%
(Condos/Townhomes) 5 2 -60% 12 6 -50%
Median Sale Price $182,000 $285,000 +56.6% $252,000 $223,501 -11.3%
(Single Family) $263,750 $295,000 +11.8% $295,500 $241,000 -18.4%
(Condos/Townhomes) $141,000 $147,450 +4.6% $123,500 $147,450 +19.4%
Days on Market 24 38 +58.3% 24 41 +70.8%
(Single Family) 21 38 +81% 38 37 -3.9%
(Condos/Townhomes) 80 28 -65.6% 21 46 +124.4%

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

Do you have any questions about Elmwood Park?


Marco Amidei in 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.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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