Victoria Falls Quarterly Market Watch – Condos as of June 2015, provides an update on the Condo market activity in the Victoria Falls (VF) community. As residential Realtors at VF, we routinely monitor the VF market to apprise the VF residents/neighbors, potential buyers, sellers, lookers and other interested parties on the latest market information regarding the real estate market activity within the VF community.
We were fortunate to work with a buyer and seller to close on a Windsor model in building 13801 on July 1, 2015. Although, the seller listed the condo for $269,900 the appraisal came in at the contract price of $259,000. The appraised value of future condos may have to be contested to receive a higher market value. Factors such as added improvements, taxable living area and upgrades will add into future market values…Now, to the condo update you have been waiting for….
|Status||Building- Unit #||Model||List Price||Closed Price/Date||Seller’s Subsidy||Days on Market|
|Active||13801 – #112||Dartmouth||$234,900||Pending Appraisal||Pending||72|
|Active||13601 – #212||Dartmouth||$229,900||Pending||Pending||48|
|Active||13401 – #416||$274,900||Pending||Pending||40|
|ContingentContract||13801 – #312||$229,900||Pending||Pending||126|
|ContingentContract||13501 – #414||Windsor||$279,900||Pending – Home Sale||Pending||12|
|Contract||13801 – #411||$217,000||Pending – Home Sale -08-07-15||Pending||52|
|Contract||13801 – #214||Windsor||$269,900||Pending –|
|Sold||13801 – #216||Windsor||$269,900||$259,000||$5,000||12|
Tell us if you like this table format better? Tell us what you think! Follow us on our blog at www.ahawkesrealtors.com to get the inside scoop and market information on the VF real estate market!