Inventory in College Park is the lowest it's been since 2006. This means good news for sellers with properties in good condition and priced right...those are flying off the shelves. There were a few listings that sold this month that were only on the market about 2 weeks because they had nice manicured yards, were in good condition (move in ready), and were priced in line with market values. So if that's your case, then yes, it's a good time to sell. Average rates are still down around 4.5%.

ACTIVE LISTINGS: 184
PENDING SALES: 79
CLOSED SALES: 6/1/2011 - 6/26/2011


VACANT LAND
ACTIVE: 13
PENDING: 1
SOLD (1/1/2011 - 6/15/2011): 3
550 Clayton Street: $72,000
534 w. Yale Street: $160,000
4036 Anchor Way: $302,500 (Lakefront-Lk. Fairview)

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

Here in College Park I suppose you could say things are looking positive in many ways. Our inventory is still low, our pending sales are up over last year and our average sold price per square foot has remained the same, year over year. The uncertainty lies within the number of foreclosures lingering out there. At this time, 25% of the active listings in the 32804 zip code are either bank owned or short sales. Windermere and Winter Park have seen this percentage decline, hopefully we will follow suit shortly.

ACTIVE LISTINGS: 193
PENDING SALES: 77


VACANT LAND
ACTIVE: 13
PENDING: 1
SOLD (1/1/2011 - 6/15/2011): 3
550 Clayton Street: $72,000
534 w. Yale Street: $160,000
4036 Anchor Way: $302,500 (Lakefront-Lk. Fairview)

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