Monday, March 8, 2010

Last week was another busy one in the College Park real estate market with offers accepted on 12 properties. Eleven were listed under $250,000 and one at $389,000. Still seeing the majority of our movement in that under $250K price range as first time home buyers enter the market.

Rates averaged under under 5% again last week with 4.97% on a 30 year conventional loan and 4.33% on a 15 year.

Active Listings: 255
Pending Sales: 67
Closed Sales: 3/1/2010 - 3/7/2010

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