Yep ... OAKDORF ... the townhomes were the toughest to sell ... their
construction was not right ... small balconies, etc ... but the other units did
well ... currently only three units remain. One is a resell, one was a unit
used by MM employee, and the other is a re-sale.
--- In AsburyPark@yahoogroups.com, "oakdorf" <oakdorf@...> wrote:
>
> Unit 10 Wesley Ct, Wesley Grove:
>
> 1/2007:listed it for $649,000
>
> 2009: MM listed it for $679,000 then $654
>
> Closed: 5/7/20011: for $475,000
>
> Lots of other homes in AP (and around the country) sold for alot less then
> original asking as well...
>
> That was from an MLS report.
>
> But really, you got to realize something - people are plunking down at LEAST
> $300k or more for a condo in AP.... and averaging $500k . So if people ARE
> willing, today, to spend $300, 500 or $750,000 for a condo ... in AP - well
> then things will continue to get built - or planned to be built. Because by
> the time you get approvals, break ground and complete something - you're
> talking a few years down the road.
>
> And if you're spending that much on a home (first second etc) - you just
> might have enough to spend around town.
>
> A better value in AP lately has been single family homes. Quite a few have
> been sold the last 7 months.
>
> more on asburyparkrealestate.com
>
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