Property value has steadily appreciated and discounts have commensurately dwindled since the discounted 68%-sale of Condo 3210 made the historical low ($163/LIVsqft) in August 2009-a 73% plunge from the historical high ($610) made in April 2006. While the average closed sale price during the past six months (19 sales, $483,605) is lower than the 24-month average (63 sales, $614,211), the average closed sale price per living area during the past six months ($276) is higher than the 24-month average ($270). Currently, seven sales are pending (average $289); and of the 22 condos listed for sale (average $411), only one is priced below the 24-month average closed sale price. Market activity is fair; 25 new listings and 17 closed sales during the last six months. Get the details at... http://www.coastcountiesrealty.com/Reports/RH1.htm
Comments(0)