Last week in the College Park market there were 16 new listings, 23 price reductions and 6 properties that went under contract. 2 of the pending sales were in the mid to upper 300k range, and the others were under $159,000. Average mortgage rates remained at 4.57% last week on a 30 year conventional loan.

ACTIVE LISTINGS: 247
PENDING SALES: 69
CLOSED SALES: 7/12/2010 - 7/18/2010

VACANT LAND
ACTIVE: 28
PENDING: 2
SOLD (1/1/2010 - 7/11/2010): 2
Gerda Street: $162,000
620 Stetson: $155,000

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