Saturday, May 5, 2007

Market Update

6 More homes have gone under contract since the last market update, making it a total of 117! Here is the rundown of what sold the past week:

-4513 Landis-asking price $449,999, sold price $420,000
-225 78th- asking price $749,000, sold price $705,000
-242 54th E-asking price $775,000, sold price $725,000
-242 54th W-asking price $775,000, sold price $745,000
-32 32nd-asking price $989,000, sold price $951,000
-5813 Sounds-asking price $995,000, sold price $985,000
-3208 Boardwalk-asking price $2.150,000, sold price $2,050,000

4 of these homes are new construction and the average reduction from asking price was approx. 5%.