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CONDO / CO-OP Sales

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rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

CONDO / CO-OP Sales

anyone know the approximate "mark down" on sales for Condos or co-ops right now?

My friend is looking at one for 189K, what would be a good offer?

in RVC...

Posted 1/27/11 3:43 PM
 
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maybesoon
LIF Adult

Member since 9/09

5981 total posts

Name:

Re: CONDO / CO-OP Sales

we just sold our coop for 4K under our asking price HTH!

Posted 1/27/11 3:44 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: CONDO / CO-OP Sales

her agent should be pulling comps and telling her

there is no 1 size fits all answer

Posted 1/27/11 4:45 PM
 

-Lisa-
---------------

Member since 5/05

6530 total posts

Name:
Lisa

Re: CONDO / CO-OP Sales

it will vary between condo's and co-ops, and even between specific buildings and unit condition. But using straight up statistics...

of the 31 condo/co-op sales in RVC in the last 6 months:

The average difference between listing price and selling price was 7.48%.
The median difference between listing and selling price was 6.1%.

Message edited 1/27/2011 5:14:20 PM.

Posted 1/27/11 5:13 PM
 

nov04libride
big brother <3

Member since 5/05

14672 total posts

Name:
Me

Re: CONDO / CO-OP Sales

Posted by Beth

her agent should be pulling comps and telling her

there is no 1 size fits all answer



ITA. Ours sold for asking because it was priced low. It depends on the area and comps.

Posted 1/27/11 5:17 PM
 
 

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