It has been almost five years since your post. lol......I have been patiently waiting!
Condos sold on an Average at 94% of their current Asking price.
The Average Price per square foot is $115.00
This data was acquired from Rapattoni MLS and Sunshine MLS
Stay Warm Jerry,
Have a wonderful Holiday
Many buyers need to understand the understated value of a well cared for home.
If you are handy and can fix most things the price should be equal to your cost and time.
Savings are not measured by only the price you pay. Many times is what you save. In most cases you get what you pay for. Always less if it needs work.
Compare and see. Choose wisely. The only one being fooled by a bad deal is you.
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Moreover, the comment I wanted to make is that those stats, depending on the MLS, may only tell you the ratio of sale/list calculating with the ask price at the time it went under contract. Knowing if there were interim price adjustments made might be relevant to you, depending upon your purpose and need. The MLSs I work within don't perform a calculation using the original ask price, but I have calculate this data manually for sellers and buyers upon request. We are in markets that have had many price adjustments, so grasping the interim data (price changes, and relists) has been relevant.
I don't know if it has value in your situation, but thought I would pass this on for consideration.