Sales Decline in Park Place Real Estate Market

In this week's report, the number of homes sold in the Park Place market fell to three over the past 30 days, a decrease of 25.0% from last week's report, but still above the monthly average. On the other hand, the close-by Heritage neighborhood registered 12 homes sold in those same 30 days, the most of all surrounding neighborhoods. A months of inventory number of two reported this week continued a four-week downward trend. With inventory so low in Park Place, it's still a solid seller's market, even after taking into consideration the decrease in sales.

Want to get a head start on other buyers? Check out these new listings in Park Place:

$164K   $164K   $179K  

Get started right now by checking out Park Place homes for sale or reviewing Park Place real estate trends.

Demographic facts about Park Place:

  • Over the past 10 years, the population has increased 68.9%.
  • The safety rating here is 40. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 31 minutes.

Data reported through 10/12/2016


Ask a local expert about this area:
Better Homes & Gardens - Bradfield Properties
1 review
The Home Team of America
22 reviews

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