The Anchorage
Seven-Year Sales Record

We begin in 2020, a year that tested every market in the country. Despite the uncertainty of a global pandemic, The Anchorage recorded two sales. Unit 507 — a Nereus two-bedroom suite — sold for $475,000 in August, and unit 603 — also a Nereus — sold for $490,000 in July. Both transactions closed within 21 days or fewer on market. The building was already trading at a premium relative to the broader Belleville market, and buyers were clearly undeterred by the circumstances.

These two sales established a baseline. At roughly $325 to $335 per square foot, The Anchorage was already commanding a meaningful premium for its waterfront address and the quality of life it offered.

2021 produced one recorded sale — but it was a significant one. Unit 808, a Neptune II two-bedroom-plus-den end unit on the eighth floor, sold for $625,000 in July, with just 20 days on market. This was a 28% increase over the 2020 average in a single year. The broader market was surging, and The Anchorage moved with it — but the key point is that it moved ahead of it. The Neptune II end units, with their wrap-around perspectives and larger footprint, were already being recognized as the premium product in the building.

At $386 per square foot, unit 808 set a new benchmark for the building and signalled clearly what was coming in 2022.

2022 was the year the market reached its apex, and The Anchorage reflected that fully. Six units changed hands, producing the highest prices this building has ever recorded on MLS. The headline transaction was unit 1105 — an Atlantis three-bedroom suite on the eleventh floor — which sold for $900,000 in July with just 7 days on market, achieving $493 per square foot. Unit 708, a Neptune II end unit on the eighth floor, sold for $910,000 in March — also 7 days on market and $562 per square foot, the highest per-square-foot price in the building's MLS history.

The year's average sale price across the six transactions was approximately $795,833, and the average days on market was just 11 days. The building was, in the truest sense, a seller's market. Buyers were competing, and they were paying for the privilege.

As the broader market corrected through 2023, The Anchorage adjusted with it — but it did not collapse. Six units sold, with prices ranging from $530,000 to $660,000. The average sale price settled at approximately $621,667, representing a meaningful but orderly pullback from the 2022 peak. Days on market extended, with some units taking 80 to 150 days to find buyers — a reflection of the broader market recalibration rather than any weakness specific to the building.

Importantly, every unit sold. There were no failed sales, no significant price reductions that fell below the 2020–2021 range. The floor held.

Four units sold in 2024, and the year's story is one of selective but confident buying. The market had cooled from the 2022 peak, yet the transactions that did close were at prices that would have been extraordinary just four years earlier. Unit 708 — the Neptune II end unit on the eighth floor — sold for $849,900 in March with just 8 days on market, the highest price recorded in the building that year, at $525 per square foot. Unit 306, a Nereus on the third floor, achieved $775,000 in June with 16 days on market.

The second half of the year brought two Nereid one-bedroom suite sales. Unit 1004 on the tenth floor sold for $550,000 in March, and unit 304 on the third floor sold for $625,000 in November — the last transaction of the calendar year, and a strong finish that pointed toward the recovery gathering pace in 2025.

The 2024 average sale price of $700,000 and average days on market of 26 days tell a clear story: this was not a distressed market. It was a deliberate one.

By 2025, momentum had returned. Four units sold, with prices ranging from $620,000 to $722,000 and an average days on market of approximately 34 days — a significant improvement over 2023. Unit 301, a Neptune II end unit on the third floor, sold for $722,000 in June with just 30 days on market, achieving $446 per square foot. Unit 603, a Nereus on the sixth floor, achieved $670,000 in May.

The recovery was not a return to 2022 peaks — but it was a clear, sustained improvement in both price and velocity. Buyers were re-engaging with confidence.

We are now in 2026, and the data is already telling a story. Three completed sales and one active listing. Unit 807 — a Nereus on the seventh floor — sold for $774,000 in January at $530 per square foot. It is worth noting that this unit had been on the market since August 25th, 2025 — a total of 128 days — before finding its buyer. That extended marketing period reflects the broader market conditions of late 2025, but the final price of $774,000 confirms that patient sellers are still achieving strong results.

Unit 1001 — a Neptune II on the tenth floor — sold for $650,000 in March at $401 per square foot, and unit 604 — a Nereid — sold for $450,000 after an extended marketing period of 262 days, at $500 per square foot.

Unit 204 is currently active at $515,000. The market is moving.