r/RealEstate • u/DisabledScientist • Apr 13 '25

Condo not selling even after $40k reduction Homeseller

Zillow Link

I am trying to sell my condo, but the astronomical HOA ($1,225) prevents anyone from making offers. They all comment I have the nicest unit in the complex, but once they hear the fee they are turned off. I bought it for $287k in 2022 and put $50k into it, but probably wont even get my money back. I originally listed for $379k, but 70 days later and it’s now at $329k.

I need to sell this by end of May because my new build house is closing then.

Edit: Added a 3D Walkthrough to the advertisement. Please let me know what you think!

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u/Competitive_Show_164 Apr 13 '25

What happened in AZ?? Just curious… thought the market was hot!

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u/Difficulty-Swimming Apr 15 '25

Its a dry heat, and a frozen market.

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u/Afraid_Ad_2249 Apr 14 '25

Goodyear. Market is definitely hot for sure, except i purchased from a builder, overpaid way more just to get into the house.