In following my motto of “no condo left behind,” here’s a report on condos that have recently sold. As a condo owner myself, I’m always interested to see how the condo market is doing… and if is in line with trends for single-family residences. The properties below support the idea that condos are following the same trends as houses. They’re selling slower and a little below asking, but still selling.
2 bed/2 bath; 1,200 sq ft
List price: $470,000; List date: 5/23/07Sold price: $455,000; Sold date: 8/17/07; 3% below asking
Details: Built in 1996. In Wesbury gated community. Extended two car garage with direct access. End unit.
2 bed/2 bath; 950 sq ft
List price: $449,900; List date: 6/15/07
Sold price: $435,500; Sold date: 8/20/07; 3% below asking
Details: Built in 1993. Condo has carport and detached garage. Gas stove (rare for a condo!).
2 bed/2 bath; 921 sq ft
List price: N/A
Sold price: $285,136; Sold date: 8/21/07; % below asking
Details: Built in 1964. Similar unit currently listed at $355,000.