Singer Island Florida – Weekly Market Update 11/27/09 – Condos for Sale

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Singer Island, Florida

There are 348 condos for resale on Singer Island; 132 condos are currently pending. One condo sold within the past 7 days at a sales price of 79% of list; and days on market of 285.  

Rates for the 30-yr. fixed mortgage fell to the all time low once again as it dropping to 4.78 percent from 4.83 percent. Last year at this time, the 30-year fixed mortgage averaged 5.97 percent. The 30-year has not been this low since the week ending April 30, 2009, when it averaged 4.78 percent.

The average 15-year fixed mortgage rate decreased as well to 4.29 percent from 4.32 percent.

For more information on specific condominium sales activity contact Jeannie at 561-889-6734 or email her at [email protected]

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