Condo/Townhouse Inventory-December

Street Address List Price Orig List Price DOM Status Beds Baths Bldg SqFt
720 PROM PT LN #2401 1499900 51 A 3 3 1/2 2927
720 PROM PT LN #2305 979000 999000 47 A 2 2 1/2 2224
1017 LIDO LN 890000 949000 52 A 3 2 1/2 2140
720 PROM PT LN #2302 889900 925000 52 A 2 2 1/2 2224
720 PROM PT LN #2109 889000 13 A 3 2 1/2 2264
1035 RUDDER LN 810000 38 A 3 2 1/2 1880
847 COLUMBA LN 759000 788888 73 A 3 2 1/2 1546
1127 FORRESTAL LN 759000 43 P 3 2 1530
7 BINNACLE LN 749888 794888 46 A 2 2 1/2 1730
1012 STERN LN 739000 745000 65 A 3 2 1/2 1540
1103 NIMITZ LN 735000 1 P 3 2 1350
986 CARTIER LN 727000 16 A 2 2 1260
804 CENTAURUS LN 715000 17 A 3 2 1/2 1618
625 PORTOFINO LN 712000 66 A 2 2 1395
1023 HELM LN 710000 739000 175 A 2 2 1240
1033 GREBE ST 709950 739950 119 A 3 2 1/2 1530
37 COMMONS LN 699900 24 A 2 2 1530
48 E COURT LN 699000 749000 48 A 2 2 1/2 1530
808 RAM LN 699000 719000 28 A 3 2 1/2 1618
857 CANIS LN 698000 739000 120 A 3 2 1/2 1546
885 BALBOA LN 688000 41 P 2 2 1270
882 URSA LN 669000 45 A 3 2 1/2 1546
880 MERIDIAN BAY LN #207 668000 147 A 2 2 1350
853 LYNX LN 659000 6 A 3 2 1/2 1546
1204 MOONSAIL LN 634999 649900 61 A 2 1 1/2 1350
802 JUNO LN 629888 659888 59 A 2 2 1/2 1278
880 MERIDIAN BAY LN #103 629000 669000 95 A 2 2 1350
780 SEA SPRAY LN #103 599103 599101 82 A 3 2 1499
1131 COMPASS LN #314 568000 63 A 2 2 1349
1131 COMPASS LN #303 565000 58 A 2 2 1286
840 SEA SPRAY LN #313 552000 17 P 2 2 1213
1061 BEACH PARK BL #00307 550000 585000 292 A 2 2 1286
820 SEA SPRAY LN #206 550000 638206 77 P 3 2 1535
1171 COMPASS LN #109 529000 47 A 2 2 1286
1051 BEACH PARK BL #201 505000 81 A 2 2 1349
914 BEACH PARK BL #77 499000 111 P 2 2 1087
1061 BEACH PARK BL #114 498800 43 A 2 2 1349
1025 SHELL BL #8 490000 54 A 2 2 1042
1041 SHELL BL #3 485000 35 A 2 2 1032
924 BEACH PARK BL #14 479750 497750 95 A 2 2 1060
7205 ADMIRALTY LN 439888 60 A 2 1 1/2 998
840 SEA SPRAY LN #116 439000 84 A 1 1 995
7214 ADMIRALTY LN 434000 454000 74 A 2 1 1/2 998
7209 ADMIRALTY LN 395000 25 A 2 1 1/2 998
6104 ADMIRALTY LN 272500 289900 40 A 1 1 748

Again, similar to single family, the condo/townhouse inventory has 40 active listings and 5 pending sales. 6 of them are highlighted but I noticed that 914 Beach Park just closed escrow (at $480,000). There’s also been plenty of withdrawn, canceled and expired listings in this category as well (21 actually). I can’t help but feel sorry for the folks at Promontory Point as only one unit sold there this year…and it was a foreclosure that went well under market at $750,000. There’s another, albeit larger, unit currently for sale there for $1,499,900. Interestingly, the average days on market here is 64, single family was 68.

Just like with single family, the first quarter next year will be really illustrative regarding how these values hold. It’s pretty chilly out there right now.

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