University Park Real Estate Market Sees Sales Down

The University Park market pulled back with a 9.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.8) with 10 homes sold. In comparison, nearby Tinley Park had 73 sales in the same time frame, the most of all neighboring cities. Months of inventory is on a four-week downward trend, this week hitting two months. With inventory so low in University Park, it's still a strong seller's market, even after taking into consideration the decrease in sales.

You can be the one to discover a gem in University Park by checking out these new listings:

$115K   $159K   $109K  

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

Demographic facts about University Park:

  • The population density is 657.9 people per square mile.
  • The lifestyle rating for this area is 49. (Scale: 1 = Worst, 100 = Best)
  • 69.6% of the residents commute to work alone in their car, 12.9% via carpool, and 11.9% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Coldwell Banker
Keller Williams Realty
3 reviews
Wilk Real Estate
4 reviews

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