Historical Sales In Remington

The Most Notable Sale

As of January 16, 2024, the most notable sale to take place in Remington at Bay Colony occurred in June 2022 when #804 sold unfurnished for $8,200,000 or $250,000 more than the full list price after 15 days on the market. This condo was in its original condition. The buyer purchased the property with the assistance of a conventional loan.

Breaking The Record

To break the sales record in Remington at Bay Colony would likely require a higher floor with upgraded interiors acceptable to the majority of the Remington at Bay Colony buyer prospect base or a low floor unit with exceptional finishes. A cabana could also help push a record-breaking sale. Market conditions would need to be considered a favorable seller’s market.

The Best Deal In Remington

The lowest-priced condominium to sell in Remington closed in February 1998 when 201 sold for $762,500. It was marketed both furnished and later unfurnished for 761 days on the market after a start price of $2,195,000. This unit was marketed by three different agents, and the price dropped substantially with each offering.

Remington is notorious for experiencing more sales activity during favorable market conditions and very few sales opportunities during downturns in the market. This is largely due to the fact that an overwhelming majority of residents in Remington are seldom shaken during an economic crisis and have the ability to hold onto their properties when they cannot recoup the full value of their properties. There are two years where no open market sales were recorded and four years where only one sale took place. If you like Remington at Bay Colony, this is may not be the building to wait for a downturn to purchase.

For more information about Remington at Bay Colony’s past sales, contact Shannon today!

Remington Condos For Sale Remington Floor Plans

Remington at Bay Colony Past Sales

The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Naples, FL. All properties are subject to prior sale, changes, or withdrawal.
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Bonita Springs, FL. All properties are subject to prior sale, changes, or withdrawal.
This site was last updated Mar-19-2024 2:34:14 am.
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