212 Northwest Dr. is under contract & market update

I just put 212 Northwest Dr. in Harborwatch under contract. This unit is the larger Harborwatch floor plan and was listed at $169,900. 

The condo market has shown signs of improvement lately. There are currently 21 Davidson Landing condos for sale and 5 are under contract. Year to date there have been 11 sales in Davidson Landing. In 2007 there were 30 total sales.

List price to sale price ratio on Recent sales. Interesting

Hello everyone. The last two condos that have sold in Davidson Landing have had an interesting list price to sale price ratio. I did not have these two condos listed nor did I sell them but thought it was  interesting and wanted to share with you.

1037 Southwest Dr. in Captains Watch was listed for $270,000 and sold for $220,000 which is 81% of list price.

619 Portside Dr. in Portside was listed for $689,900 and sold for $630,000 which is 91% of list price.

The average for Davidson Landing has been approximatley 97%.

My monthly market update will be sent out this week. If you are not on my mailing list and would like to be included. Send me an email with your address. ZachStamey@ERA.com