20 Rare Condos That Don’t Sell Many Units Per Year (Which May Not Necessarily Be A Good Thing)

Here’s one of the indicators of a project that is also one of the least helpful to buyers – the number of transactions relative to the number of units. That’s because few transactions can go both ways, either living there is so good that few want to sell (quite often, they can’t find a replacement property that matches theirs for space, convenience, community spirit, etc. ), or there’s just simply weak demand for the project.

Note: we’ve also made the condos the larger ones, with more than 200 units. Otherwise, it wouldn’t be fair, as boutique condos with 50 or fewer units also rarely see transactions; and in their case, it’s more about scarcity than quality.

READ ON