Comparative Market Analysis Sample:
Apartments in the Grand Millennium

Here's a list of recent sales at the Grand Millennium.  The contract prices listed indicate actual selling prices.

Note: I normally, try to use only apartments of reasonably similar size because the price per square foot of a 1BR, with a far greater supply of them on the market than a 3 BR, is usually significantly less than the price per square foot of a larger apartment.  However, it is always good to look at contract prices.

Median price per recent sale: $1,225,000

Median size: 1180 square feet
Median price paid per square foot: $1038

Here's a list of apartments that have recently been sold but whose contract prices have yet to be published.  Hence, these prices reflect asking prices as opposed to contract prices of recent sales. Note: this list contains only two and three bedroom apartments. 

Median asking price per recent sale: $1,295,000
Median size: 1180 square feet

Median price paid per square foot: $1097

And, finally, here's a list of 2 and 3 BR apartments that are on the market.  Their statuses are either active or they have a contract signed and it is far too early to learn what the buyer has offered.

Current median asking price: $1,872,250

Current median size: 1596.50 square feet

Median price per square foot currently on the market: $1173

; it has the same floor plan and, while it has a signed contract, the owner was asking $2,500,000.

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