Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Braemar Condo Quarterly: October 2011-December 2011
Braemar Condo Quarterly:  October 2011-December 2011
Time for the year end wrap up of the Braemar condo market.  The fourth quarter of Braemar condo sales was certainly more active than the third quarter.  When statistics were pulled for sales that closed from October 1, 2011 to December 31, 2011 there was only Braemar condo that was lingering under contract.  As of today, January 1st, there are no active listings for Braemar condos.
There five Braemar condos sold during the fourth quarter of 2011.  The majority of them, three to be exact, were Short Sales.  The remaining two included one traditional sale and one foreclosure.  The average sales price of $189,230 is not even a one percent increase since the third quarter, but it is an increase nonetheless.  The reality is that a 0.8% increase is at least representing stability, and that's a good thing.

The high sales prices is a tad higher this quarter as well.  $500 higher.  The low sales price is $3,000 lower than it was in the third quarter.  Probably the best news is that the average closing cost assistance from seller to buyer is down over 23% since last quarter.  Of course, three of the five sales ... more

__________________________________________________
Are you on The Rain? Grow Your Network!