PDF In the village of Chester three properties sold late in the summer at asking prices of $1,500,000 (Back Harbour), $1,975,000 (Peninsula) and $990,000 (Front Harbour). All three of these properties were on the market for over 2 years and the starting asking prices when they came to market a few years ago were $2,500,000, $2,200,000 and $1,300,000 respectively.
The Chronicle Herald reported yesterday that luxury real estate sales are up in Halifax by 153%. Quite a jump. But I wonder what it would look like year over year? And were the sales induced by price changes to accommodate the maket?
In the village of Chester three properties sold late in the summer at asking prices of $1,500,000 (Back Harbour), $1,975,000 (Peninsula) and $990,000 (Front Harbour). All three of these properties were on the market for over 2 years and the starting asking prices when they came to market a few years ago were $2,500,000, $2,200,000 and $1,300,000 respectively. An interesting point is all these properties sold very close to their new asking prices. An indication that the pricing reductions hit the high note and fostered a sale.
The Chronicle Herald article is available as a PDF here: The ChronicleHerald2.pdf
th
You must log in to post a comment.