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College Park Real Estate Market Update (32804) FOR MAY 2010

By
Real Estate Agent with RE/MAX Downtown SL3136190

Jan

Feb

March

April

May

Properties for sale in College Park

230

243

235

239

248

Foreclosure properties listed since last post

6

8

21

15

18

New Non-Foreclosure listings since last post

23

25

30

30

28

What’s sold in College Park since last post

8

11

21

30

22

Foreclosures in College Park since last post

1

6

9

13

12

Non-Foreclosures sold since last post

7

5

12

17

10

What’s under contract

28

77

84

81

71

Foreclosures under contract in College Park

34

55

59

58

50

Non-Foreclosures pending in College Park

24

22

25

23

21

College Park currently has 248 properties for sale, and of the 248 homes for sale in College Park, 25 of them are bank owned (REO) and 48 of them are considered short sales.  These of course are still available for sale today (June 1, 2010)

There are currently 71 college park homes that have received contracts which are considered Pending (PNC). Below is a chart that shows of the 71 homes which have contracts, when those contracts were received. Within College Park, it doesn’t appear that the First Time Buyers Credit has stalled sales, as it might have in other areas, but this is likely due to the demand for the College Park address, being close to downtown Orlando.

Contracts received that are Less than 30 days old          24           May
Contracts received that are 30  to 60 days old               18           April
Contracts received that are 60 to 90 days old                12           March
Contracts received that are 90 to 120 days old                3           February
Contracts received that are 120 days +                         10           Before January 31

Now on to the sales within College Park!
Naturally anyone interested in College Park Real Estate, wants to know what has sold, just as much as they want to know what is for sale. Therefore below is a list of what has sold in College Park for the month of May, 2010. These College Park properties are arranged according to their sales price and list the date of sale as well.

Follow this link to see a list of College Park Homes For Sale


This report provided by Brady Pevehouse, an agent of Perrone Realty specializing in Orlando Real Estate and College Park homes for sale.

 

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