The College Park market reported 30 contracts in the last 30 days, the highest amount since July. This might lead to the end of the current seven-week downward trend in sales, which hit nine in the same period. In comparison, Atlanta had 1,485 contracts executed in the same time frame, the most of all nearby municipalities. The median sales price jumped to $185,000, up from last week's $150,000. College Park is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Want to get a head start on other buyers? Check out these new listings in College Park: