Two way binding does not work on my custom control with the following internals:

public partial class ColorInputControl { public ColorInputControl() { InitializeComponent(); colorPicker.AddHandler(ColorPicker.SelectedColorChangedEvent, new RoutedPropertyChangedEventHandler( SelectedColorChanged));; colorPicker.AddHandler(ColorPicker.CancelEvent, new RoutedPropertyChangedEventHandler(OnCancel));
}

    public static readonly DependencyProperty SelectedColorProperty =
        DependencyProperty.Register
        ("SelectedColor", typeof(Color), typeof(ColorInputControl),
        new PropertyMetadata(Colors.Transparent, null));



    public Color SelectedColor
    {
        get
        {
            return (Color)GetValue(SelectedColorProperty);
            //return colorPicker.SelectedColor;
        }
        set
        {
            SetValue(SelectedColorProperty, value);
            colorPicker.SelectedColor = value;           
        }
    }

    private void SelectedColorChanged(object sender, RoutedPropertyChangedEventArgs<Color> e)
    {
        SetValue(SelectedColorProperty, colorPicker.SelectedColor);                
    }       

}

SelectedColor is being bound to a property that fires INotifyPropertyChanged event control when it changes. However, I cannot get two way binding to work. Changes from the UI are pesisted to the data source. However, changes originating from the data source are not reflected on the UI.

What did I miss? TIA.