CONDO ACTIVITY

. 72 New listed condos this past month with an average list price of $398,000 or $264 a square foot square feet

. 91 condos sold in December $299,000 average selling price or $231 a square foot

. Condos sold were 94.5 percent of asking price with average days on market of 158.

. 4 condos were “distress sales” (foreclosures or short sales) at $279,000 average sales price and 94 percent of asking price.

. 890 active condos on MLS with average asking price of $436,000 or $268 a square foot

. 134 condo units are under contract with average asking price of $448,000 or $276 a square foot

. 20 condo units (foreclosure or short sales) are under contract with average asking price of $269,000.

ONO ISLAND

6 New listed homes this December with an average list price of $889,000 or $254 a square foot.

1 Home sold in December $297,000 selling price or $174 square foot. Home sold for 88 percent of asking price with days on market of 438.

Year to date sales of 48 homes with average. sales price of $541,000 or $185 a square foot and 91 percent of asking. Average days on market of 232.

63 active homes on MLS; 9 no water, average asking of $369,000, 18 canal homes average. asking of $790,000, 19 Intracoastal Waterway or bay, asking of $1.4 million and 17 Old River average asking of $1.5 million.

4 homes under contract with average asking of $394,000 or $188 a square foot

56 active lots on MLS; 22 no-water lots average, $88k , 13 canal lots average $268k, 15 ICW/bay lots average, $601k, & 6 Old River lots average, $737k.

27 lots sold in 2014 with average, price $283k or 88% of asking price & average, days on market of 417.

Lot sales by area, 5 no waterfront lots, average price of $56,000 or 89 percent of asking, 10 canal lots at $177,000 or 87 percent of asking, 10 ICW/Bayou St. Johns at $466,000 or 91 percent of asking, and 2 River front at $465,000 or 81 percent of asking.