The property at 131 Park St offers 4,271 sqft and 5 baths in Woodmere's high-demand market, where 5+ bedroom homes have seen an 11.3% price increase YOY. Recent comps show similar properties selling between $1.63M–$2.35M, with a price per sqft in the $441–$691 range. At $472/sqft, the property is well-positioned but faces competition from newer or renovated homes. Median days on market in 11598 is 42, indicating solid liquidity for quality listings.[1][3][4]
To maximize sales potential, price the property between $2.2M–$2.4M, aligning with upper-tier comps. Invest in cosmetic updates and professional staging to appeal to luxury buyers. Highlight the large living area and five bathrooms in marketing. List during peak summer demand and target move-up buyers seeking space, aiming for a 60–90 day closing window based on comp data.