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Results of Press Condo Auction: 20% discount

By December 14, 2008

The Press

The Stranger has details on the Press condo auction, The New Condo Market:

On average, the 15 condos in the Press buildings auctioned for about 80 percent of their listing price and over 30 percent of their starting bid.

Any readers attend?

Update: The Stranger has a humorous follow up story making me regret not going and getting some video footage, Why Pay More? :

Everyone I spoke to before the auction said they would not bid above $300,000; however, not a single unit sold for less.

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