Highs & Lows 2009-Condo/Townhouses

How about this category…

MOST EXPENSIVE CONDO/TOWNHOUSE:

prom

740 Promontory Point #3209 And you thought it was impossible to make money in this downturn? This place was a foreclosure and sold in November 2008 for $750,000. It sold again in March of 2009 for $880,000. Nice!

HIGHEST PRICE PER SQUARE FOOT:

Galley

1040 Galley This Bayfront Court unit sold for $750,000, or $521.00 per square foot. The Promontory Point unit above came in at $388.00 per square foot.

LOWEST PRICED CONDO/TOWNHOUSE:

Admiralty

2109Admiralty This 1 bedroom unit went for $310,000…an overbid. Originally listed for $299,000.

LOWEST PRICE PER SQUARE FOOT:

PROM2

720 Promontory Point #2302 2224 square feet and a purchase price of $635,000. It’s amazing how prices have fallen at this project. It came in at $285.00 per square foot.

LONGEST ON THE MARKET:

PROM2

Yep, 720 Promontory Point again. A total of 284 days.

GREATEST OVERBID:

CANIS

857 Canis This place really was an aberration. Sold via auction and priced at a really low, bait price of $300,000…the place got a ton of interest and closed at $564,500. $264,500 over asking. There were several other, normal overbids in 2009…the highest of those was $20,000.

GREATEST AMOUNT UNDER ORIGINAL LIST PRICE:

PROM2

It’s really sort of painful isn’t it? Once again…720 Promontory Point!  It sold for $290,000 under it’s original list price. Ouch!!

And there you have it…I wonder what these will look like in a year.

 

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