Victoria Falls Market Watch – Condo sales for 2015 have been extremely strong! Market values continue to increase with sales prices driven by lack of inventory, increased demand, previous sales, documented upgrades and square footage of each unit.
There were thirteen condos that sold during 2015. The sold prices range from a low $212, 000 – to a high of $276,400. Average days on Market – 54.08 days!
MRIS Residential Stats – Analysis report compares: Condo prices when initially listed vs. Price at time of sale. The report totals indicate that the high list price was $279,900 and the sold Price was $276,400 which equates to 99.65 % of list price.
Condo Market update as of January 2016:
- Active – 13601 Belle Chasse Blvd. #214 – List Price: $249,900. This is a Fannie Mae HomePath property. Buyer pays all transfer taxes. Go to www. Homepath.com – www.fanniemae.com. Features include 2 bedrooms, 2 full baths, living room, dining area and one car garage space. Approximate Tax Living Area: 1,875 sq. ft. Days on Market: 81.
- Active – 13851 Belle Chasse #213 – List Prices: $297,000. This is an end unit Kingston model. This model features 2 bedrooms, 2 full baths, den/study, living room, dining area and one car garage. Yes, den/study! Approximate Tax Living Area: 1,703 sq. ft. Days on Market: 44.
- Contingent Contract/Kick-Out – 13901 Belle Chasse #412 – List Price: $289,000. Features include 2 bedrooms, 2 full baths, living room, dining area, eat-in kitchen, and 1 car garage. Approximate tax living area – 1,673 sq. ft. Days on Market: 56.
We routinely monitor the VF housing market to update potential sellers/neighbors, potential buyers and other interested parties apprised on the market activity within the VF community. If you have any questions or interested in the latest inside scoop on the VF market give us a call on 301-483-8073. Or, visit us on our website!