Looks like a promising trend in the College Park area as homes for sale are at the lowest level since we started keeping these trending reports back in April of 2009. At the same time both homes sold and pended are up compared to a month ago, a year ago and 15 months ago. Below you will see that although the "for sale" prices for single family homes in College Park are staying consistent, the "Sold at" prices are creeping up (+15% a year ago). As I have said in previous posts, the home buyers credit has something to do with this...but consistent lower interest rates are also a big factor- thus a window of opportunity perhaps for those who are thinking about listing in zip 32804.
Make sense? Questions? As always, if I can be of assistance to you do not hesitate to contact me at michael@michaelgonick.com.
Filed Under
College Park,
mortgage rates,
trends,
Winter Park. orlando trends
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