This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

Market Picks Up for September Sales

Sales are up from August and more houses are on the market.

The following figures were taken from the MRIS, or Metropolitan Regional Inforrmation System, which is the data base for real estate brokers and agents.

Riverdale Park:
Month of September 2010

  • Number of homes on the market and available: 17 Median Price $200,000 (Eleven of these listings are short sales or foreclosure)
  • Number of homes under contract and pending: 5 Median Price $149,000
  • Number of homes sold: 2 Median Price$283,961

More houses were on the market in September at 17 homes from 11 homes in August. However, the number of pending sales, is the same since last month at 5 homes. Sales have increased from one house in August to two in Septemeber. since last month.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

University Park
Month of September 2010

  • Number of homes on the market and available: 12 Median Price $379,450
  • Number of homes under contract and pending: 1 Median Price $534,850
  • Number of homes sold 3 Median Price $418,900

Inventory has decreased from 15 down to 12. One home is still pending sale from August, however three homes sold in September over none in August.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?

More from Riverdale Park-University Park