High End Condos are Moving!

Generally the higher end of the market is slower than the entry level or middle, but in the Urban Condo scene it seems that the plush units are selling very well. Two of five listed units at the very expensive Tidewater project have sold and in a reasonable time frame for both.

Meanwhile in Parkview it seems the more expensive units with premium upgrades and higher prices are more desirable than the more modestly equipped units as well. The exception is the one bed and studio units which are hard to find, reasonably priced and sell quickly.

The action in the $750k plus condo market indicates a market demand for these units and bodes well for the upcoming Kirkland Tower project on the waterfront which will have units ranging from $1 million to $5 million. Kirkland is expected to be ready next year.

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