University Park Real Estate
has an amazing month of October! During October 2011, there were 29 University Park homes for sale
that sold for a median price of $945,000 and a total sales volume of $34,458,580 (Yes, that is nearly $35.5 MILLION). In October 2010, there were only 16 University Park homes
that sold at a median sales price of $754,950. That is an increase of just over 25% increase in median sales price.
There are currently 117 homes for sale in University Park
, putting us at approximately 4 months of inventory based on October's sales with an average days on market of 107 days. By most standards, that puts University Park back into a seller's market
Just Over 40% of the University Park homes for sale
that sold during the month of October were priced between $500,000 and $1 million, with another 38% ranging in price from $1 million to $2 million.
If you want to keep up to speed on what is going on in University Park Real Estate
, visit my University Park Housing Statistics
page for monthly updates of what is going on. If you are looking to sell your University Park home
, please feel free to contact me.
If you are interested in buying University Park real estate, head over to my University Park Home Search
and start looking for your dream home.
What do you think of the University Park real estate market? Please leave your comments below!