Condo sales on the island were down 34% from the previous month and were down 34% from July 2010. Year-to-date condo sales on the island are up 14% over last year. The highest sale this month was just $430,700 for an oceanfront unit at Baytree. Last month there were 2 island condo sales over $800.000. This highlights the fact that not many tourists are here this time of year. At the lower end price, a condo sold in Baha Mar for $128,000 and one in Bayou Condo for $140,000. Island sales are normally slow at this time of the year and this year, sales are even a little slower. Current inventory of condominium units for sale on the island is an 18.1 month supply.
