August Cheesman Park Market Review

# of Closed Sales: 21

Average Days on Market for Solds: 20

Median Sales Price: $285000

# of news listings: 9

Months of Inventory Last Month: 2

As I predicted in my July review javascript:nicTemp(); there would be more sales in August with 20 of the 21 sold properties were condominiums.  The latter being the big driving force behind the lower median sales price of $285,000, however the average sales price was $401,148!  Last month the highest sale price for a home was $1,399,000 for a two bedroom two bathroom condo on the Western edge of the park and the lowest priced sale was for $189,000 for a one bedroom one bathroom condo a half a block from Colfax.  So as we can there is a lot for everyone to purchase and live in Cheesman Park!

 Let me know if you’d like more information on the neighborhood or on real estate in general.