If you are still looking for a condo in this last quarter of the year and trying to beat the year end deadline, here is a quick update on some of the condos on the market:

Decatur

The Decatur on First Hill has less than 30 homes left and is around 80% sold.  The seller is offering a 3% credit at closing.  On top of that, there are also offering a 2/1 interest rate buy down with Cobalt Mortgage.  Interest rates start from 2.25%.  With the credit at closing and buy down, in most situations, the homes are selling at ~35% off original asking prices.  The Decatur is FHA approved. 

1 BR units priced from $189,950
2 BR units priced form $269,950

 Trace North

There are still some homes available at Trace North and they have  made some price adjustments.  Here is their current price sheet.  The average price reduction is ~15%.  The building is around 90% sold, and Trace Lofts is 95% sold. The last two homes' prices were reduced by as much as $110,000.  

Trace Lofts

#407 
Open One bedroom, 703 square feet
was $369,950, now $324,950 ($45,000 reduction)

#406
Two bedroom , 1,154 square feet
was $699,950, now $589,950 ($110,000 reduction) 

  1111 East Pike

Eleven Eleven East Pike has sold 17 homes with 10 homes left.  The seller is offering a Smart Car credit of up to $14,000 with a Smart Car parking space.  One bedroom homes are priced from $239,950. 

More condos update to come.  Stay tuned.