There are 377 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 71 and 35 days, respectively. The sale prices were 92% and 76% of the list prices.
Mortgage rates for 30-yr fixed rate decreased from last week with the average rate for 30-yr fixed mortgage averaging 5.16%, down from 5,25%; at this time last year, the 30-year, fixed-rate mortgage averaged 5.72 percent. The 15-yr fixed mortgage rate decreased y to 4.81% compared to 4.92% last week; the comparable rate a year ago was 5.25 percent.
For more information on specific condominium sales activity contact Jeannie at 561-889-6734 or email her at [email protected]