While it's typical to see our inventory dip at the end of the year, it's encouraging to see the number of active listings down to the lowest number in years. With the foreclosure fiasco with the banks right now, current sellers can reap the benefits of fewer distressed listings in competition with theirs, for the time being.
The pending sales last week were listed as follows:
4 - Under $100,000
4 - $100,000 - $199,999
3 - $200,000 - $299,999
7 of the 11 pending sales were either short sales of bank owned properties.
ACTIVE LISTINGS: 227
PENDING SALES: 74
CLOSED SALES: 11/1/2010 - 11/7/2010
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.
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