So here we go. It's a new year. I'm sure you're with me on this...I sure am ready for the real estate market to stabilize. Experts predict we will continue to drop some in 2011 nationwide, but the way I see it, College Park continues to hold stronger than most areas. Yes, our distressed inventory is still at 28%, however, that number has not gone up that much since I first ran this report in October of '09. We were at 21% then. Other parts of town have seen as much as 15% increase in the number of active distressed listings. If you compare our numbers to other areas, we are in much better shape. When things start to rebound, we will be among the first to recover.



There are some amazing deals out there right now. Let's hope 2011 brings more and more buyers looking to College Park, one of the most thriving communities in the Orlando area.

ACTIVE LISTINGS: 207
PENDING SALES: 70
CLOSED SALES: 12/6/2010 - 1/2/2011


VACANT LAND
ACTIVE: 17
PENDING: 2
SOLD (1/1/2010 - 12/31/2010): 4
Gerda Street: $162,000
620 Stetson: $155,000
717 Langston Court: $61,750
1568 Eastin Avenue: $206,000

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