University Park Real Estate Market Continues Downward Trend in Home Prices

The University Park market remained cool with four homes sold in the last 30 days, a 20.0% sales drop. Meanwhile, the Oak Creek neighborhood reported 13 home sales, the highest number from all of the surrounding neighborhoods. Prices fell lower as this week's reported median sales price of $699,500 continued a four-week downward trend. There are only three months of inventory available in University Park, so it's still a seller's market, despite the falling prices.

If you have a tight budget for your next home, begin the search with these low-cost listings in University Park:

$699K   $713K   $750K  

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

Demographic facts for University Park:

  • There are a total of 8,290 people in this area.
  • This area has a safety rating of 80. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 22 minutes.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Century 21 Rainbow Realty
9 reviews
Realty One Group
Snapped 17 homes in this area
Firenze Real Estate Group
Snapped 1 home in this area

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