There are 368 condos for resale on Singer Island; 2 condos sold in the last 7 days and 18 are currently pending. For the two sales, “days on market” were 136 and 211 days, respectively. The sale prices were 86% and 91% of the list prices.
Mortgage rates for 30-yr fixed rates rose from last week with the average rate for 30-yr fixed mortgage averaging 5.25%, up from 5,10%; at this time last year, the 30-year, fixed-rate mortgage averaged 5.67 percent. The 15-yr fixed mortgage rate increased slightly to 4.92% compared to 4.80% last week; the comparable rate a year ago was 5.15 percent.
For more information on specific condominium sales activity contact Jeannie at 561-889-6734 or email her at [email protected]