Forget a sea view mansion. CnnMoney.com reports in Hong Kong, parking spaces are some of the hottest properties on the market.
Hong Kong is a densely populated city and eager have pushed prices for parking spaces to record highs in recent months with prime spaces now selling for far more than the luxury cars that park in them.
In May, a single space in a residential neighborhood on Hong Kong Island went for 4.24 million Hong Kong dollars ($547,000), making it the most expensive parking space ever sold in the territory.
Knowing what mere parking spaces are selling for in Hong Kong certainly puts our own real estate market into perspective.
Take a look at September’s real estate sales statistics.
Greenville NC Real Estate Sales Statistics- September 2014
The number of new listings uncreased by 10.9% in September 2014 compared to the previous year. Pending sales increased by 12.6% while the number of homes sold decreased by 13.8% compared from September 2013. The average sales price rose 24.2%. Days on the market increased by 10 days.
|
Date |
New Listing |
Pending Sales |
Sold Listings |
Avg Sale Price |
DOM |
|
Sept 2014 |
132 |
80 |
62 |
$194,929 |
125 |
|
Sept 2013 |
119 |
71 |
72 |
$156,921 |
115 |
Information courtesy of Liz Freeman, Greenville NC Realtor.
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