Unit 10 Wesley Ct,  Wesley Grove:

1/2007:listed it for $649,000

2009: MM listed it for $679,000 then $654

Closed: 5/7/20011: for $475,000

Lots of other homes in AP (and around the country) sold for alot less then 
original asking as well...

That was from an MLS report.

But really, you got to realize something - people are plunking down at LEAST 
$300k or more for a condo in AP.... and averaging $500k . So if people ARE 
willing, today, to spend $300, 500 or $750,000 for a condo ... in AP - well 
then things will continue to get built - or planned to be built. Because by the 
time you get approvals, break ground and complete something - you're talking a 
few years down the road. 

And if you're spending that much on a home (first second etc) - you just might 
have enough to spend around town. 

A better value in AP lately has been single family homes. Quite a few have been 
sold the last 7 months.

more on asburyparkrealestate.com




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