5 Park Place

5 Park Place is a condo located in Annapolis, Annapolis.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 125 closings on record, of which we have matching data for 15 listings. In the past 3 years, a listing in this building will typically remain on the market for about 118 days and tend to sell below the original asking price of $589,000 by 2.36%. Meaning, listings tend to sell at a median of $454 price per square foot. The transaction that took the longest to complete was unit 214, listed on Jun 24, 2019 for $429,900. This particular unit ultimately sold 324 days later for $414,500. The most recent transaction was for unit 727, which was first advertised on Apr 13, 2023, sold for $746,000 on Oct 02, 2023. Fun fact, the oldest transaction we have on record took place on Jun 21, 2007. See the full transaction history for 5 Park Place below.

Annapolis, where 5 Park Place is located, has a median asking price of $399,000 for condo buildings. Meanwhile, the building itself has a median asking price of $589,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 10 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $675,000. It is a 1,188 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $399,900. It is a 839 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 6 one-bedroom, 4 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $506,950. Collectively, the median square footage of these active units for sale is 883 sqft. Active units for sale at 5 Park Place have a median count of 1 bedrooms and have a median count of 1 bathroom.