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Brian Rayl's - Dallas Real Estate

Specializing in Highland Park, University Park, and North Dallas

By Brian Rayl | Agent in Frisco, TX

University Park Real Estate Statistics - October 2011

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!
University Park Real Estate | University Park Homes For Sale

Comments

By Randy Lee Dailey,  Wed Nov 23 2011, 01:39
I like your Article about University Park Real Estate.
By Brian Rayl,  Wed Nov 23 2011, 01:54
You have to know the statistics in order to know your market. Thanks for your comment!

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