Unit Sales Reports
Unit Sales Report for 2024
CRTN Sales Report 2024
By Dennis Maffetone #822
- In 2024, 29 units changed ownership, 27 by sale and two by inheritance. (One 3 bedroom and one 2 bedroom were via inheritance.) This is up from 2023, when 22 units changed ownership.
- Four 3 bedroom units were sold at an average of $426,725. The range was from $456,900 to $365,000. Only one 3 bedroom sold in 2023 for $450,000.
- Ten 2 bedroom units were sold. The range was from $456,000 to $225,000, with an average price of $313,000, down from last year’s average of $365,392.
- Thirteen 1 bedroom units sold, ranging from a high of $316,000 to a low of $150,000. The average sale price of the one bedroom units was $230,338, up slightly from the 2023 average of $226,483.
- The total of all sales was $7,832,300, up from 2023 at $6,924,400; $1,706,900 for the three bedroom units, $3,131,000 for the two bedroom units, and $2,994,400 for the one bedroom units.
CRTN Sales Report for 2023
CRTN Sales Report 2023
By Dennis Maffetone #822
- In 2023, 22 Units changed ownership, 21 by sale and one by inheritance.
- One 3 bedroom unit was sold at $450,000.
- Six one bedroom units sold, ranging from a high of $315,000 to a low of $175,000. The average sale price of the one bedroom units was $226,483.
- 14 two bedroom units were sold. The range was from $569,000 to $275,000, with an average price of $365,392.
- The total of all sales was $6,924,400; $450,000 for the three bedroom unit, $5,115,500 for the two bedroom units and $1,358,900 for the one bedroom units.
CRTN Sales Report for 2022
CRTN Welcoming Committee and Sales Report 2022
By Dennis Maffetone #822
By Dennis Maffetone #822
The role of the Welcoming Committee is to greet approved buyers and welcome them to CRTN. The Committee is composed of volunteers and information provided by potential shareholders is kept strictly confidential. Prospective shareholders are screened online by Tenant Evaluation and approved by the Board of Directors via the Committee. This is a secure online service that onboards buyers. They collect documents, electronic signatures and perform background checks.
During the welcome meeting, the Committee reviews and discusses such items as pest control, receiving of packages, elevator protocol, floors, air conditioning, and other procedures in the building. We emphasize that all improvements or construction in the unit must be approved by the Manager and done by licensed and insured contractors.
As part of the application process, prospective shareholders sign that they have read the CRTN Rules We Live By and the By Laws of CRTN and agree to abide by them. The applicants also sign all necessary forms including the CRTN Occupancy Agreement and the Certificate of Occupancy. Many potential shareholders have questions and the Committee answers them or refers them to the Manager or Office Administrator.
- In 2022, 29 total units changed ownership. 5 - one bedroom, 21 - two bedroom and 3 three bedroom units were sold. One unit, a two bedroom, changed ownership via inheritance.
- The average sales price of the 1 bedroom units was $232,500 with a low of $184,000 and a high of $293,000. The median cost was $228,500 and the sum of all 1 bedroom units was $1,162,500.
- The average sales price of 2 bedroom units was $307,940 with a low of $205,000 and a high of $420,000. The median price was $310,000 and the total of all 2 bedroom units was $6,158,800.
- The average cost of the three bedroom unit was $460,000 with a low of $420,000 and a high of $518,000. The median price was $442,000 and the sum of all 3 bedroom units was $1,380,000.
ONE BEDROOM UNITS
Mean (Average) Sale Price
$232,500
Median
$228,500
Range
$184,000 - $293,000
Total Sales
$1,162,500
Count: 5
Prices: $184,000, $217,000, $228,500, $240,000, $293,000
Mean (Average) Sale Price
$232,500
Median
$228,500
Range
$184,000 - $293,000
Total Sales
$1,162,500
Count: 5
Prices: $184,000, $217,000, $228,500, $240,000, $293,000
TWO BEDROOM UNITS
Mean (Average) Sale Price
$307,940
Median
$310,000
Range
$205,000 - $420,000
Total Sales
$6,158,800
Count:20
Prices: $205,000, $215,000, $240,000, $250,000, $268,000, $270,000, $270,000, $288,000, $300,000, $300,000, $320,000, $322,000, $339,100, $340,000, $347,500, $350,000, $360,800, $368,400, $385,000, $420,000
Mean (Average) Sale Price
$307,940
Median
$310,000
Range
$205,000 - $420,000
Total Sales
$6,158,800
Count:20
Prices: $205,000, $215,000, $240,000, $250,000, $268,000, $270,000, $270,000, $288,000, $300,000, $300,000, $320,000, $322,000, $339,100, $340,000, $347,500, $350,000, $360,800, $368,400, $385,000, $420,000
THREE BEDROOM UNITS
Mean (Average) Sale Price
$460,000
Median
$442,000
Range
$420,000 - $518,000
Total Sales
$1,380,000
Count: 3
Prices: $420,000, $442,000, $518,000
Mean (Average) Sale Price
$460,000
Median
$442,000
Range
$420,000 - $518,000
Total Sales
$1,380,000
Count: 3
Prices: $420,000, $442,000, $518,000