Monday, September 7, 2009

Last week in the College Park market 6 homes went pending, listed from $74,900-$415,000. Of all of the pending sales right now in 32804, 80% are distress sales and the price ranges are as follows:



Mortgage rates dropped last week, averaging 5.08% on a 30 year fixed and 4.54% on a 15 year.

CLOSED SALES: 8/31/2009 - 9/6/2009
2305 EDGEWATER DR #1403: 1/1 - 911 sq/ft - $119,500 *SS

*SS - Short Sale

OTHER MARKET ACTIVITY: 8/31/2009 - 9/6/2009
New Listings: 9
Pending Sales: 6
Price Reductions: 27

Active Listings: 251




Total Pending Sales: 56

VACANT LAND:

ACTIVE: 30
PENDING: 0
SOLD (YTD 8/10/09): 3
848 TIMOR: $23,000
723 EDGEWATER: $63,900
1716 FAIRVIEW SHORES: $295,000 (lakefront)

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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