Last week 7 properties went pending in the 32804 zip code. Six were listed under $100,000 and one for $299,000. While things will slow down now that the home buyer tax credit has expired, I am hoping for a push in early summer as most families wait to move until school gets out.

Average rates were back down last week to 5% on a 30 year conventional mortgage. Rates on a 15 year were 4.36%, on average.

ACTIVE LISTINGS: 245
PENDING SALES: 80
CLOSED SALES: 5/3/2010 - 5/9/2010


VACANT LAND
ACTIVE: 30
PENDING: 1
SOLD (1/1/2010 - 4/18/2010): 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.