Seychelles July 2018 Market Report

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Real Estate Broker/Owner with Nautical Properties 3305354

 Since 1/1/2015, a total of 76 units have sold in Seychelles to date (2015, 15 units; 2016, 17; 2017, 30; 2018, 14). The turnover of ownership is close to 10% per annum. Sales in 2017 almost equaled all of the previous two years combined. This year's pace is falling short of last year.

This year one bedroom units are averaging $233,200. The low was $222K and the high was $245K. The last two sales were both at $245K bought with cash whereas all the other sales were by conventional financing.

Prices have jumped by $23K for one bedroom units since May of this year which is an amazing 10% increase. The latest listing is at $259K, pushing for another 5.5% in less than a month.

Three three bedroom condos have sold for $415,000 in January for cash; $424,900 in June for cash; and $440,900 in late June for "other", according to the MLS. That is a 6% increase in pricing in six months.

 

See Seychelles Condos for Sale

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Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
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I like the video - that's the way I prefer to digest information. Hope you're selling many Seychelles Condos this summer. 

Aug 25, 2018 08:05 AM #1
Rainmaker
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Scott Pope
Nautical Properties - Panama City Beach, FL
You Can't Live Without Water™

Thanks, my problem using video is consistencty. 

Aug 26, 2018 05:00 AM #2
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Scott Pope

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