Real Estate Market Report, December 2018.

Unfortunately, no unit was sold at The Collins Condominium in the last month of 2018. This leaves the active inventory to commence 2019 at a total of 16 units.

Three units were offered for sale this last December.  These units were offered for an average asking price per square foot of $511. #PH06 is an REO (bank-owned) offered for $299,900. It is not the first time that #1102, a unit with direct ocean views and two full bedrooms, hit the market. However, is listed at $818,000 this time.

Three units hit the market for sale last month. Two of these condos were offered unfurnished, and they all have an average asking price per month of $3,000. Corner unit #1401, with two bedrooms, is offered for $4,500 fully furnished.

Two units rented in the last month of 2018. #1507 rented unfurnished for a long term at $1,850 a month, while #411 was rented fully furnished for $2,700 for short term. As we commence 2019, the active inventory of units for rent is 18.