Home Sales Decline in Bay Park Real Estate Market

In this week's report, the number of homes sold in the Bay Park market slid to 14 over the past 30 days. It marked a decrease of 12.5% from last week's report and a fall below the monthly average. In comparison, the La Jolla neighborhood had 37 sales in the same time frame, the most of all neighborhoods in the area. Pricing in Bay Park remains consistent from last week to this week, with the median sales price at $662,500 again. Despite the slip in sales, a relatively low two months of inventory indicates that Bay Park is a strong seller's market.

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Demographic facts for Bay Park:

  • The population growth rating is 62. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 287.9 physicians.
  • This area has a health cost index score of 110.4. (100 = national average)
  • 77.3% of the residents travel to work in an automobile, 7.2% via carpool, and 4.6% by way of public transit.

Data reported through 1/11/2017

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