Sentences with phrase «price per square foot basis»

Still, in the first quarter of 2008, the average home sold for approximately 22.5 % less on a sold price per square foot basis than in the first quarter of 2007.

Not exact matches

This means the current asking price of a Miami Beach luxury condo listed for sale is about 42 percent higher than the average transaction price achieved on a per - unit basis and nearly 22 percent higher than the average transaction price on a per - square - foot basis in the first six months of 2017.

Midwood Investment has owned the building since 1998, and with a low basis was able to rent it out with an asking price of $ 850 per square foot.

Gail Brewer recommended on Thursday — based on estimations by Cushman & Wakefield — that the city lower the minimum price set for air rights to $ 250 per square foot, rather than the current $ 393.

Price per square foot: Varies based on the size of the wall and options, such as built - in irrigation.

Robert Clay, president of Houston - based Clay Development & Construction Inc., says his firm was building millions of square feet of crane - served buildings per year during the recession, when oil prices were at more than $ 100 per barrel.

He claimed that he had based his offer on a price per square foot and was therefore owed damages for the 625 - square - foot difference.

The price worked out to $ 8,361 per square foot, at the time, the highest figure ever paid for a retail space larger than 5,000 square feet, according to New York City - based real estate research firm Real Capital Analytics.

A condo is a housing commodity that is generally priced and traded on a price - per - square - foot basis.

Condo purchases from January through April slid 25 percent from a year earlier, while the average price fell 6 percent on a per - square - foot basis, CraneSpotters data show.

The average nearby price per square foot is based on other locations a short drive away from the neighborhood.

Most buyers will disqualify homes based on metrics they don't understand like «days on market» or «price per square foot».

On a per - square - foot basis, condos in Hollywood and Fort Lauderdale sell for about half of Miami Beach's prices, he said.

That being said, it IS important to look closely at your acquisition price on a dollar per square foot price basis and compare the potential price paid to other similar condo hotels within competing luxury hotel brands.

In fact, national REO - only gains of 8.1 % over the last year on a median price - per - square - foot basis have outpaced non-REO price declines of -0.7 % by 8.8 percentage points.

The property, at 15332 Weddington St. in the Sherman Oaks community of Los Angeles, attracted about six offers in a matter of weeks and sold for $ 3,195,000 or $ 276.36 per square foot, nearly 17 percent above the sale price of comparable properties recently sold in the area on a per - square - foot basis.

But because the rooms are generally in hotels that are increasingly being managed by the luxury flags of well - known brands such as Hilton Hotels Corp. and Starwood Hotels & Resorts Worldwide, the services and amenities allow condo hotel developers to price units at a premium on a per square foot basis compared with conventional condos.

The most expensive cities for first - time buyers based on price per square foot are Vancouver, where a 412 - square - foot condo in the downtown is $ 281,000 or $ 682 per square foot; the Toronto suburb of Thornhill, where an 800 - square - foot bungalow on a 3,500 - square - foot lot is $ 480,000, or $ 600 per square foot; and downtown Toronto, where a 340 - square - foot condo in trendy Liberty Village is $ 200,000 or $ 588 per square foot.

The least expensive cities for first - time buyers based on price per square foot are St. John's (2,150 - square - foot two - storey bungalow, $ 170,000 or $ 79 per square foot), Halifax (1,408 - square - foot semi-detached house, $ 129,900 or $ 92 per square foot), Windsor, Ont.