Monthly Market Report

Written By: Miller and Associates Realty On: 18th July 2014 Under: General, Market Updates, Uncategorized

May 2014 Market Update

We saw an exciting rise in condo sales in May 2014. Sales are up since May 2013 ensuring the market has a steadily reestablished and continues to gain momentum. Average sales prices remain consistent and closings continue to impress within 90% of original list price received. Emerald Beach condominiums have maintained sales as this Wyndham property boasts beautifully maintained landscaping, amenities and common areas. These units primarily consist of one bedroom one bathroom or two bedroom two bathroom units. The property has two levels of penthouse https://humanrightsfilmnetwork.org/zolpidem suites but all units are complimented with shimmering gulf front views. In the last year, the lowest sale on this property was $155,000. Pricing for these units has increased again averaging around $175k- $219k with the highest listings topping $289,900k. Condominiums located in the central portion of the beach such as Grand Panama resort offer competitive listings for three bedroom units with gulf views beginning at $475,000.