Quote:
Originally Posted by Londonee
Are you familiar with this area? Houses are sold routinely for around $1mil just one block away in the Artisan complex. On Bainbridge and Broad are arguably the largest single homes ever built in Center City at 16,000sf.
This house on Pemberton Street about 75 feet away from the Broad/Fitz development just sold in December for $1.1m.
This Condo about 3 doors down on Fitz, just sold for $720k. This house at the end of the 1500 block of Fitz is currently on the market for $1.6m.
The price per square foot is certainly there, it really depends on the size of the condos and the amenities. |
I am. There is a fundimental difference between selling a house here or there for $600-800k and selling out 120 condo units at $1m. Your $1.6m property has been sitting for over 100 days and has just been reduced, is still overpriced and is a different animal than a condo. That said, I'll drop it. I hope it works out.