National / Marin Real Estate Update - 02/21/09 03:03 AM
Median Home prices fall
Home Sales in the Marin real estate market dropped more than twenty-one percent last year, whereas, the average price for a home in Marin only fell around seven percent. For the rest of the country, the National Association of Realtors reported the largest year-over-year decline since 1979, as home prices fell almost twelve and a half percent during the fourth quarter of 2008.
$180,100 is the median price for a home sold in the U.S. in the forth quarter of 2008. $205,700 is the median price for a home sold in the U.S. just one year ago. … (0 comments)

 
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Ron Parks

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