The College Park market is sure showing some positive signs lately with more movement in the high end price ranges. We had a sale last week at $1,010,000 which was the third closing over a million dollars in the past year. While the closed sales have been slowing up over the past few weeks, the pending sales continue to hold strong. The short sales just take so long to close these days.

The pending sales since my last update were listed as follows:
7 - Under $100,000
10 - $100,000 - $199,999
3 - $200,000 - $299,999
2 - $400,000 - $499,999
1 listed at $529,900

15 of the 23 pending sales were either short sales of bank owned properties.

ACTIVE LISTINGS: 244
PENDING SALES: 72
CLOSED SALES: 10/4/2010 - 10/24/2010


VACANT LAND
ACTIVE: 22
PENDING: 2
SOLD (1/1/2010 - 8/29/2010): 3
Gerda Street: $162,000
620 Stetson: $155,000
717 Langston Court: $61,750

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