Downtown condo sales steady in 2010
Written on July 24, 2010
Downtown condo sales have remained steady through the first half of 2010, according to the latest Center City Commission report.
There were 39 condo sales in the Memphis 38103 area code, about on par with the 40 sold in the first quarter, but nearly double the 23 condos sold in second quarter 2009.
The average condo sales price was $228,542 in second quarter 2010.
There were 50 condos sold in third quarter 2009 and 54 condos sold in fourth quarter paperless payday loans. These numbers were boosted by real estate auctions, according to the Center City Commission report.
There were 149 condos sold in 2009 and 205 sold in 2008. The peak year for Downtown condo sales was 2006, when 464 were sold.
There currently are 2,100 condos Downtown, according to the Center City Commission report.
Filed in: economics.