Update: New Construction Inventory
It has been way too long since we last checked in on new construction condo inventory!
Art Stable
7 Total Units, 6 Closed, 1 Available
The Danielle — 83% Sold
31 Total Units, 26 Closed
Notes: no longer selling. 5 units are to be rented
The Decatur — 91% Sold
146 Total Units, 133 Closed (4 this year), 7 Pending, 6 Available
Eleven Eleven East Pike — 93% Sold
27 Total Units, 24 Closed, 1 Pending, 1 Available, 1 lease option
Escala — 68% Sold
265 Total Units, 180 Closed (51 this year), 85 Available
Notes: they expect to have 90% of the building sold by the end of the year
Fifteen Twenty-One Second Avenue — 90% Sold
143 Total Units, 126 Closed (10 this year), 2 Pending, 15 Available
Notes: 4 resales this year that totaled more than $7.6m. Resales have realized a tidy profit of an average of 10% above their original purchase price.
Four Seasons Private Residences — 69% Sold
36 Total Units, 25 Closed, 0 Pending, 11 Available
Notes: one unit is under negotiation
Hjarta — 67% Sold
79 Total Units, 53 Closed, 1 Pending, 25 Available – Waiting on an update from Oct #’s
Harvard and Highland — 97% Sold
38 Total Units, 35 Closed, 2 Pending, 1 Available
Marselle — 73% Sold
132 Total Units, 96 Closed, 4 Pending, 32 Available – Waiting on an update from Oct #’s
Olive 8 — 77% Sold
229 Total Units, 156 Closed, 21 pending, 42 Available
Notes: 20 new purchases since March 1st incl. all penthouses – enitre 38th floor taken off the market
Pontedera – 32% Sold
94 Total Units, 24 Closed, 6 Pendings, 64 Available
Notes: In 2012 there have been 9 sales as of May 3, 2012. Three of which have closed the remaining six are pending. The totals above don’t include the 8 live/work of which 4 are sold.
The Sanctuary — 67% Sold
12 Total Units, 4 Closed, 4 Pending, 4 Available
Notes: 2/3 of units have been purchased since debutting on Jan. 28
Things you should know:
- The numbers only include inventory of new sales in these buildings, some may very well have resales on the market that aren’t reflected.
- When I didn’t get a pending number I calculated closed sales as Total-Available
- % Sold = Closed/Total
Update:
- Posted updated to reflect two units that went pending at Harvard & Highland yesterday.
- Added Art Stable
- Updated Olive 8, Harvard and Highland, 1521 and Eleven Eleven East Pike with updated numbers
- Added The Sanctuary
Disclaimer: Some of the above are Urban Living advertisers.
