Last week in the College Park market there were 8 new listings, 18 price reductions and 12 properties that went under contract. Most every price point saw pending activity with list prices from $44,000 - $790,000.

Rates rose a bit to an average of 4.79% on a 30 year conventional mortgage but fell to 4.2% on a 15 year mortgage. Good time to refinance if you have at least 20% equity.

ACTIVE LISTINGS: 239
PENDING SALES: 75
CLOSED SALES: 5/31/2010 - 6/6/2010


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.