Highs & Lows 2015-Condo/Townhouses

On April 3 2014 I wrote a post where I predicted that we were about to see townhouses sell in Foster City for over $1,000,000. In 2015 there were 70 Condo/townhouses sell for at least $1,000,000. Amazing!!

MOST EXPENSIVE CONDO/TOWNHOUSE:

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807 Magellan This 4 bedroom, 2030 sq ft townhouse (off water) sold for $1,410,000. Listed for $1,088,000. Oddly…9 townhouses sold for over $1,300,000.

HIGHEST PRICE PER SQUARE FOOT:

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1111 Nimitz The 3 bedroom unit sold for $1,310,000. It’s in 1350 sq ft making it $970 per square foot. Nice unit though…on the water.

LOWEST PRICED CONDO:

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7106 Admiralty Big surprise about it being the Admiralty. This 1 bedroom unit sold for $415,000. Still…the 2014 low was $337,000. Even the Admiralty appreciated.

LOWEST PRICE PER SQUARE FOOT:

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820 Sea Spray #116 This 997 sq ft 1 bedroom unit sold for $490,000…or 490 per square foot.

LONGEST ON THE MARKET:

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6203 Admiralty This unit sold and then fell apart and sold again. Never the less…it was on for a total of 95 days.

GREATEST OVERBID:

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807 Magellan That one again…it sold for $322,000 over asking.

GREATEST AMOUNT UNDER THE ORIGINAL LIST PRICE:

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1131 Compass It was actually hard to find many units that went under asking at all! This 1 bedroom unit sold for $480,000. That was $29,000 under it’s original list price.

 

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