College Park Market Check: What’s Really Happening Heading Into Fall
College Park isn’t “cooling” so much as normalizing. Prices are holding, buyers have a bit more breathing room, and well-prepped homes still win.
Quick stats (July 2025):
Median sale price: $556,000 (+2.5% YoY).
Time to sell: 33 days on average (was 15 days last year—pace is saner).
Closed sales: 81, up from 75 YoY (demand’s still there for the good stuff). Redfin
Zooming out to the broader Orlando area: inventory is higher than last year, months of supply sits around 5.3, and the regional median price is ~$390,000—flat month-over-month. Translation: buyers have options, but quality listings still move. orlandorealtors.org
One tailwind worth watching: mortgage rates just notched 2025 lows (think mid-6s as of August 14). If that stabilizes, expect a little fall bump in showings and offers. Freddie Mac
What this means for you
If you’re selling in College Park:
Win on prep, not gimmicks. Fresh exterior paint, “stealth staging”, roof paperwork, and a clean 4-Point/wind-mit report reduce buyer friction and help you defend price. orlandorealtors.org
Price to the market you have. With DOM up, strategy beats “wish pricing.” We anchor to recent comps and your home’s story (street, schools, walkability to Edgewater, Lake Ivanhoe). Redfin
Launch smart. Week-one matters: pro photos, floor plan, and a tight 10–14-day review window to keep leverage.
If you’re buying:
Leverage the tempo. 33-day median means more room for inspection credits or closing-cost help—on the right house. Hot homes still go fast; the rest are negotiable. Redfin
Rate dip = opportunity. Get a fresh quote before you tour; the payment delta at 6.5–6.6% vs. earlier this summer is real. Freddie Mac
Be data-led. Neighborhood pricing in 32804 can vary block-to-block. We’ll comp the house, not the ZIP.
Bottom line: College Park is steady: prices up modestly, pace more balanced, and buyers re-engaging as rates ease. If you’re selling, condition + correct list price still command attention. If you’re buying, this fall favors decisive, well-financed offers without the 2021 panic.