Waterfront Average $/Sq.Ft. as of January 30, 2012:
Waterfront Average $/Sq.Ft. as of January 9, 2013:
As seen above, the Waterfront market experienced a healthy increase in $/Sq.Ft. Waterfront sales now average $696/Sq.Ft. as opposed to $646/Sq.Ft. a year ago. Other notable increases in $/Sq.Ft. are The Mariner, Commercial Wharf, Harbor Towers, Burroughs Wharf, and Lewis Wharf. Burroughs Wharf still holds the highest $/Sq.Ft. on the Waterfront with its sales averaging $1,286/Sq.Ft.
With interest rates still low, and forecasted to remain low, our sales market should continue to prosper in 2013. For more information on the Waterfront condo market contact CL Waterfront Properties today!