Thursday, May 21, 2009

Market update - May 21

There are 8 properties for rent in this area: starting from $600/mo for 1 room in a townhouse and upto $1,700/mo for a 3-bedroom townhouse.
16 properties are for sale: the cheapest is 1 bedroom condo on Bushman Dr. for 215k. The most expensive is 455k for a townhouse on Turnberry. 4 other ones on the same street went under contract. (The last one - list. price $494,900 - was on the market only 3 days before the contract was ratified!)
Two condo units on 2817 Jermantown Rd. are under contract. The only other unit (3 bedroom 2 full bath - 1,538 sq.ft) is available - the price has been just lowered to $315k. And it is not a short sale or a foreclosure. What a deal! http://matrix.mris.com/Matrix/Public/Email.aspx?ID=30930734091

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