Citywide Services performed a recent appraisal in Elmwood Park, IL 60707 and found some positive signs about the real estate market.
The good news is that sales volume is up +38.6% and median sales price is up +4.7% over the prior year according to MLS statistics.
The bad news is the market is oversupplied with 5.7 months of available inventory and Bank Owned Foreclosures & Short Sales accounted for approximately 54% of total sales.
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