Doral Condo/Townhouse Market Update

Year to date 470 units have been sold. Average sold price $234,808. Average price per square foot $170k.

2014-10-25_1851

The following  two chart shows the number of units sold per month and quarters. As you can see the number of sales are slowing down and the number of price adjustments presently is indicative of the shift. It’s quite simple really; if a "properly listed and marketed" home is not getting any offers, it’s time to lower the price or else the home will simply remain unsold until the market matches up with the asking price.

units

unit_quarter

The prices of condo/townhouses have come down a bit but holding steady.

avg_sale_price._quarter

Richard Recuset is a REALTOR®, with Doral Real Estate Group, LLC.. Team leader, Short Sale/foreclosure specialist, Listing Marketing Specialist, Certified Internet Professional, Resort & Second Home Property Specialist(RSPS), and an Accredited Commercial Professional (ACP), serving the City of Doral, Fl., and surrounding areas.Uni 2 combo

When you hire The Recuset team for your real estate needs, you not only get highly qualified professionals on your side, but also access to information, markets, technology and a team of experts from around the world.

You also tap into a global network with vast experience in residential and commercial real estate. That network comprises thousands of dedicated individuals, all with just one thing in mind: producing the best possible results for our clients.

Richard Recuset could be reached at 786-471-5228, Richard@teamDoral.com, 10181 NW 58 ST, Doral, Fl 33178.

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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