Weekly Market Report – 12/19/08: Condo Sales on Singer Island

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There are 350 condos for resale on Singer Island; 2 condos have sold in the last 7 days and 17 are currently pending.  For the two sales, “days on market” were 333 and 323 days, respectively.  The sale prices were 82% and 83% of list prices. Mortgage rates for 30-yr fixed rates have dropped to their lowest levels in at least …