Business & Tech
July Home Sales Prices Stable, Even With Foreclosures
A look at how much homes sold for in July.
Usually July is a slow month for sales because of vacations and such, but this year Riverdale Park had a great July. Three houses sold at solid prices— one in the $300,000's, one in the mid $200,000's and one in the high $100,000's, which is a very good sign.
However, the foreclosures have brought the median price down with the lowest sold price at $65,199.
University Park was a little slow with only one home sold, but it was one of the small ramblers without a basement and it was really not comparable to a standard University Park home.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Yet, I think the market is showing some progress.
Riverdale Park:
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
Type of Home No. of Homes Low Price High Price Median Price Active 15 $99,900 $435,000 $239,900 Under Contract 6 $51,000 $179,000 $1 to $5,000 Sold 6 $65,199 $286,000 $136,575
University Park:
We’ve removed the ability to reply as we work to make improvements. Learn more here