Auction Results from CU 257
The third auction in the Center City condo segment of the market to occur. I would deem it a success. Here is what I understand folks paid.
Here is the breakdown of the prices. These prices are the winning bid prices and do not include the 10% auction premium on each winning bid.
1. $615,000 Unit 601E
2. $600,000 Unit 601W
3. $470,000 Unit 401W
4. $495,000 501E
5. $485,000 501W
6. $455,000 301E
7. $455,000 401E
8. $445,000 201E
9. $435,000 301W
And if you think this is the last Center City Condo auction that is going to take place, I would suggest you are wrong! Keep your eyes open for more future auctions! Call or email me if you want me to comment on these prices! 215.521.1523
Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106
I love this post. Very informative and useful information for people looking to buy condos here in Center City Philadelphia! What is your feeling on Center City condo auctions? Do you feel as if they help/hurt the market? Do they help to spark interest in buying? Thanks for the post!
Zach Skidmore
Comment by Zach Skidmore — July 15, 2010 @ 11:33 amhttp://www.CenterCityHomes.com