Last week in the College Park market 20 homes went pending. The majority were listed under $150,000 (14), four between $150K - $208K and then one each in the high three and four hundred range. Seven were short sale duplexes all owned by the same person, so an investor must have snatched those up. We had 17 new listings last week, so our inventory remains pretty steady, with 246 active residential listings for sale in 32804.

Rates are finally over 5%, as was predicted. According to Bankrate.com, 69% of industry experts predict rates to continue to rise.

ACTIVE LISTINGS: 246
PENDING SALES: 87
CLOSED SALES: 3/30/2010 - 4/4/2010


VACANT LAND
ACTIVE: 30
PENDING: 1
SOLD (1/1/2010 - 3/30/2010): 0

The above numbers for College Park Update come from single family homes, condos and land listed in the MLS in the 32804 zip code.