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Thursday, January 13, 2011 - Market Update

The average price for a single family detached home in December was $355,270, down about $10,000 as compared to the price in November. The average condo price dropped less than $6,000 to $223,454. The marginal price reduction in single family detached homes continued a slide that started in June. Average condo prices peaked at $252,700 in April and have continued a relentless downward slide since then.
 

posted in General at Thu, 13 Jan 2011 21:02:04 -0700

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