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: