Market update Dec. 14th 2008

Hey Everyone. The condo market seems to be getting slower towards the end of the year as far as showing activity on current inventory is concerned. However, the internet activity has increased. So to me that is good news! These buyers are still out there looking and will be buying in the near future.  

I have listed a good number of Davidson Landing condos over the past month. They are really nice waterfront condos.  You can see them all by clicking on “Zach’s featured listings” on www.DavidsonLandingLKN.com. There you can see virtual tours along with video tours of each condo that I have listed.

Just Sold: 764 Southwest Dr. in the Tennis Villas was just sold last month. It is a ground floor unit with new carpet and paint. The sale price was $135,000.

On a rental note:   FREE RENT!!  I have a two bedroom, two bathroom ground floor unit in the Tennis Villas that is currently available for rent. It is $900 per month. I am offering the FIRST MONTH FREE if leased by Dec. 31st 2008. Call me for details 704-491-4745.

As always, if you do not  recieve my monthly Davidson Landing market update. Then send me a email and sign up!

Stats
Current active condo: 27
Current pending: 0
Sold in November: 1

Thanks,  Zach

If you have any questions or comments they are welcome.  Just post your comment!

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

First post to blog!

Welcome to to my Davidson Landing blog! Some of you who already own a condo in Davidson Landing may know me from my monthly market updates, just listed postcards, just sold postcards, & www.davidsonlandinglkn.com. For those of you who do not, My name is Zach Stamey. I live in and sell a lot of condos in Davidson Landing. Over the past few years I have become, I guess you could say, the Davidson Landing specialist. In addition to my Davidson Landing website I thought a blog would be a good way to stay in contact with current and future Davidson Landing residents. I will be able to provide you with up to date market information. So check back often to get the latest news and updates. I will also be posting my opinions on the market and some good ideas for both seller and buyers. For more information about Davidson Landing give me call, email, and check out the site. Please comment on my post and give me your thoughts and opinions!!