The real estate market is booming in many cities across the United States. Low interest rates, better loan terms, and a desire to no longer rent are some of the reasons the people are looking to purchase homes. The variety of property styles and sizes to choose from are another reason people are looking at purchasing homes.
One of the most popular types of real estate on the market today are condominiums. Condos, as they are commonly referred to, offer variety of options to choose from. These properties are often located in historic homes that have been renovates, high rise buildings, and other buildings of various sizes.
Many of these properties are conveniently located to the downtown areas of busy metropolitan areas. Some of the most popular cities for condo dwellers include cities located in Arizona, Tennessee, Texas, Idaho, and New Mexico.
Scottsdale, Arizona is one of the most highly sought-after places for people looking to purchase a condominium. This is especially true in the area that is referred to as Old Town Scottsdale. Condos for sale in Old Town Scottsdale offer prospective buyers many great opportunities. These properties come in a variety of sizes and can be found in newly build buildings, renovated historical homes, spaces lofts, and other styles.
The median price for these properties is currently around $370,000. However, the price range can be anywhere from $300,000 up to around $2,000,000. Due to the popularity of this area, marketing times for condominiums are typically under a month in this beautiful Arizona city.
People love Old Town Scottsdale condos because of the city’s beautiful weather, vibrant nightlife, and accessibility to a variety of recreational options. There are tons of hiking trails in the nearby area. Residents of the Old Town area can also enjoy the ability to walk to many of the close by restaurants and bars. The Arizona Boardwalk, Scottsdale Fashion Square Mall, and The Phoenician Resort are some of the most popular destinations in Scottsdale.
There are also numerous businesses and job opportunities in the area. Kyle Moyer and Company, Fuertes Moving Company, and Holualoa Company are just a few of the many businesses located near the downtown Scottsdale area.
Nashville, Tennessee is another great city for people looking to purchase condominiums near a downtown metropolitan area. Nashville has tons of condominiums for sale and many are located in or close by the downtown area. Majority of the condos are located in newly built buildings, many of which are high rises. However, there are several condos that can be found in historic buildings too. These homes range in prices from around $100,000 up to over $2,000,000 depending on location, size, and amenities included. The average price of these properties, however, is around $385,000 and have a marketing time of around a month and a half.
Residents of Nashville enjoy the ability to walk to many of their favorite places in the downtown area. The Riverfront Park located on the Cumberland River, Vinny Links Golf Course, and Fort Negley Park are among the most popular attractions located near downtown.
There are also a ton of businesses and job opportunities in Nashville. Nissan Stadium, Travecca Nazarene College, Transworld Business Advisors of Nashville, and Tennessee Department of Corrections are only a few of the businesses located in the area. There is also an amazing nightlife scene, featuring some of the best upcoming names in country music, located here.
The city of Austin, Texas is another popular southern city for people looking to purchase condos in vibrant downtown areas. Austin is an extremely hospitable town for people who enjoy walking and exploring the outdoors. There are tons of places to visit such as the Colorado River waterfront area and Zilker Metropolitan Park.
There are also several museums, art galleries, and other types of entertainment options. The University of Texas at Austin, Intelligent Office of Austin, and several business consultant firms are among the many businesses and job opportunities that can be found here.
The housing market for condominiums is pretty comparable to other cities. However, the properties that are located here include luxurious high rise buildings, renovated historical buildings, and other architectural designs.
The properties on the market currently range from as low as $300,000 up to as high as $3,000,000. The median price of these properties, however, is typically around $817,000. These properties are typically seeing a marketing time of around a month and a half.
Santa Fe, New Mexico
Santa Fe, New Mexico is another desirable southern city for prospective condominium buyers. This city, however, has a fairly limited supply compared to other cities. The condos in this area range in price from around $215,000 up to over $1,000,000, with the median price just over $800,000. These prices typically depend on the location and size of the property.
The city of Santa Fe is known for its many art galleries, museums, and abundant historical sites to explore. The Georgia O’Keeffe Museum, Meow Wolf art gallery, and Nambe Falls are some of the most well known destinations here. There are also several businesses, such as Pinon Group and Sam Goldenberg & Associates Business Brokers, that are located in the downtown area of this southwestern city.
The southern part of the United States is not the only popular destination for prospective buyers of condos. Boise, Idaho is also a popular city for people to purchase this type of residential property. Boise is a very affordable city and offers condos that have a median price of around $475,000. These properties typically spend just under a month on the market due to their increasing popularity.
The city of Boise is fairly walkable compared to other northern cities. The Zoo Boise, Snake River Farms, and Ann Morrison Park are some of the most popular destinations. The Snake River also offers a variety of exciting activities to enjoy. There are also dozens of other parks, hiking trails, and museums to enjoy.
Various businesses that offer services to veterans, St. Luke’s Boise Medical Center, and various financial companies offer a variety of job opportunities in the downtown area. There are also numerous restaurants and bars for dining and nightlife options.