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Salerno at Bay Colony Past Sales
Historical Sales In Salerno at Bay Colony
The Most Notable Sale
As of October 2, 2023, the most notable sale to take place in Salerno occurred when #1904 sold furnished in February 2005 for $4,150,000 or $145,000 less than the full list price after 339 days on the market. This condominium would have been considered in original condition, but the building was only five years old by the time of this sale and still would have felt somewhat new. The buyer paid cash or did not require a loan contingency to complete this purchase.
Breaking The Record In Salerno
Breaking the record would not be problematic, provided a newly remodeled condominium located on a higher floor had undergone a recent remodel using appealing finishes. An attractive furniture package could assist with this endeavor. The sale would likely need to occur during peak market conditions similar to the '05-'06 peak real estate trend.
The Best Deal
The best deal to take place in Salerno occurred in April 2000 when #301 sold unfurnished after 272 days on the market for $820,000 or $60,000 less than the full list price. This was a developer sale. The buyer did not require assistance from a loan contingency and may have paid cash to purchase the property.
To list or purchase a condominium in Salerno, contact Shannon today.