Home Sales Decline in Washington Park Real Estate Market

The Washington Park market slowed this week but was still better than normal as sales fell 50.0% to one home sold over the last 30 days. Within the same time frame, the Ginter Park neighborhood had five sales, the most of all neighborhoods in the area. The median sales price climbed to $58,350 over the latest reporting period for Washington Park, up from $46,675. Despite the slip in sales, a relatively low one month of inventory indicates that Washington Park is a definite seller's market.

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Demographic facts about Washington Park:

  • The population density is 2,654.1 people per square mile in this area.
  • The lifestyle rating here is 49. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 52.0% of all commuters, while carpools account for 28.3%, and public transit makes up 9.4%.

Data reported through 10/12/2016

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