No unit was listed for sale last month. This leaves the inventory of active units for sale at 15; one of the lowest inventories in the area.

Two units were successfully sold The Collins Condo last month. These condos were sold for an average price per square foot of $396. Unit #1222 sold after more than a year of being in the market, as a cash transaction, for $70K less than the original asking price. Corner unit #1005 was an REO that sold after 60 days on the market for $536,00. Deals like this one don’t last on the market for long. If you’re hunting for deals like this one, it is important that you choose an agent that is constantly active in the market, so that he or she can advise you on good deals when they become available.

Two units were also rented last month. These units rented for a median price of $2,750 per month, after spending approximately 33 days on the market. They were both offered fully furnished and #915 was offered until Nov 30th only.

Disclaimer: We are an independently operated company, and we are not directly affiliated with the building or area mentioned above. The information herein is derived from various sources that may include, but are not limited to, public county records and the Multiple Listing Service (MLS). Please do not make decisions or assumptions based on this information without seeking professional advice.