Please feel free to call me if you would like to see the available units and/or further discuss your real estate goals to see how I can help you achieve your objectives.
All the best,
REALTOR, Property Manager
Your Real Estate Resource For Life
CELL (267) 254-7994
For someone who wants to live on the water in Philadelphia Pier 3 really can't be beat!
James Yoakum - Realtor, SFR
Brown McKinney Real Estate
1631 W. Cabot St.
Philadelphia, PA 19121
office: 215-825-2250 x.1002
The price per square foot of Pier 3 is lower compared to the other water front properties such as 901 N Penn Street - Waterfront Square in Northern Liberties and Dock Side. But these prices get fuzzy with all of the short sales and foreclosures. We have sold a few condominiums over the last 6 months or so in all of the river front condo buildings. One was a short sale and the other was a foreclosure and the others were regular sales.
The biggest reasons for the low sales from our perspective is: 1) High condo fees 2) location (believe it or not) 3) Fear of continued depreciation of RE values in these areas.
I can go on an on so will stop here. Hope this info is helpful.
In the past year, four units have sold...the 1 bedroom, 1.5 bath unit sold for $235,000 back in Aug of 2009, three 2 bedroom 2 bath units sold, one for $270,000 in Oct of 2009, one for $275,000 this past March, and one for $342,000 in June.
If I can be of further assistance, don't hesitate to email me at: firstname.lastname@example.org and I would be pleased to assist you.