The percentage of active listings here in College Park that are in distress has risen to 18%, however that's still better than in many areas. In Baldwin Park, 25% of their active listings are distress sales, Windermere is at 20% and Maitland at 30%. The only area significantly lower than College Park is Winter Park (32789) at 11%.
Of the pending sales right now in 32804, 70% are listed under $250,000 and 64% are distress sales.
Rates ended the week down slightly from the week before. Average rates on a 30 year fixed were 5.38% and 4.89% on a 15 year.
CLOSED SALES: 6/15/2009 - 6/21/2009
727 W FAIRBANKS AVE: 2/1 - 1,150 sq/ft - $76,000 *BO
225 E NEW HAMPSHIRE ST #9: 2/1 - 572 sq/ft - $55,000 *BO
1015 EASTERN WAY: 3/1/1 - 1,015 sq/ft - $250,000
3411 BACKSPIN LN: 3/2 - 1,590 sq/ft - $90,000 *BO
1017 VASSAR ST: 3/2 - 1,454sq/ft - $260,000
*BO - Bank Owned
OTHER MARKET ACTIVITY: 6/15/2009 - 6/21/2009
New Listings: 8
Pending Sales: 1
Price Reductions: 21
PRESENTLY ON THE MARKET: 6/22/2009
Active Listings: 284
Under 100K: 11
100K - 199,999: 67
200K - 299,999: 72
300K - 399,999: 47
400K - 499,999: 16
500K - 599,999: 20
600K - 699,999: 19
700K - 799,999: 6
800K - 899,999: 4
900K - 999,999: 6
Over $1,000,000: 11
Total Pending Sales: 44
VACANT LAND:
ACTIVE: 30
PENDING: 1
SOLD (YTD 6/15/09): 1
The above numbers for College Park Update come from single family homes, condos and land listed in the MLS in the 32804 zip code.
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