Majestic Tower Condominium Real Estate News-Recap 2010

Majestic Tower Condominium Real Estate News-Recap 2010

Here are the 2010 statistics, newsworthy sales and current listings for the Majestic Tower, located at 9601 Collins Avenue, one of the premier luxury condos in Bal Harbour FL.

At Majestic Tower, there were 2 closed sales in 2010. The average sale price this year is $1,145,000, or $530  per square foot. They sold on average for 89% of the list price in 55 days (average days on market). The highest sale was for $1,250,000 for Unit 909, which was $579 per square foot and occurred on September 2, 2010. The lowest sale was for $1,040,000 for Unit 402, which was $481 per square foot and occurred on February 17, 2010.

With 10 condos currently available for sale, the current absorption rateis about 60 months to sell all the inventory. There is 1 condo at Majestic Tower that is currently in contract or pending sale.

Right now, the least expensive condo for sale at Majestic Tower is unit 605 for $1,590,000, which has 2 bedrooms and 2 bathrooms and has 2,160 square feet of living space. It has been on the market now for 53 days. For photos of the condo and a more detailed description of the unit, please visit this website page Majestic Tower-#605, Bal Harbour FL.

The most expensive unit for sale at Majestic Tower is unit PH204 for $5,350,000, which has 4 bedrooms and 4 bathrooms and has 3,960 square feet of living space. For photos of the condo and a more detailed description of the unit, please visit this website page Majestic Tower-#PH204, Bal Harbour FL.

To view all of the listings available for sale at Majestic Tower, please go to my website at Majestic Tower Bal Harbour FL Condos For Sale

For further information, please contact the Michael Sahlman at The Sahlman Group at 786.553.0697 or email us at info@MiamiHomesForVIPs.com.

To find other Luxury Condos by City and Category, go to any of the following – Penthouses for Sale, Boat Docks, Pet Friendly Condos, South Beach Condos, Miami Beach Condos, Sunny Isles Beach Condos, Bal Harbour Condos, Key Biscayne Condos, Fisher Island Condos, Brickell Condos, Downtown Miami Condos and Best Foreclosure Condo Buys.

To search for Luxury Single Family Homes by City or Neighborhood, go to - Miami Beach Homes, South Beach Homes, Indian Creek Homes, Star Island Homes, La Gorce Island Homes, North Bay Road Homes, Palm Island Homes, Sunset Islands Homes, Venetian Islands Homes, Hibiscus Island Homes, Golden Beach Homes, Key Biscayne Homes, Gables Estates Homes, Cocoplum Homes, Belle Meade Homes, Bay Point Homes, Morningside Homes, Pinetree Drive Homes, Bay Harbor Islands Homes, Bal Harbour Homes and Miami Shores Homes.

For more specific information about a property or for a custom search, please contact Michael Sahlman at The Sahlman Group at 786.553.0697 or email us.

If you are want to sell your property and market it worldwide quickly reaching the right buyers effectively, please contact us directly at 786.553.069, email us, or fill out this form to learn more about our global marketing strategy and receive an immediate response.

We recommend Habitat Design Associates, Inc. for interior design and renovations. If you have purchased a condo or home and need an excellent, reliable and highly competent professional who will also oversee the entire project, contact Cristina, the owner of the company, who  is originally from Brazil and has over 20 years of experience as an architect, interior designer and project manager. They have completed over 35 projects for a number of prominent people (including some of my clients). For more information and examples of her work Visit the Habitat Design website or contact them directly at 786.280.6200 or via email.

Please note that the above information was based on data from the southeast Florida MLS as of January 4, 2011.

Copyright © By Michael D. Sahlman, P.A. 2010*Majestic Tower Condominium Real Estate News-Recap 2010*