There's been much discussion on the blog recently about distressed properties (bank owned, short sales, court sales, etc). Currently, these types of listings account for over 40% of the properties listed on our MLS and 50% of the sales in the last thirty days. I recently overheard a couple agen
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09/10/2008
Another month, another substantial decrease. This month both the median sales price AND the number of sales dramatically decreased. August's median sales price of $240,000 represents a 2.8% decline from July's $247,000. YoY decrease is 18.6%; Yo2Y decrease is 22.6%; and we are now 30.4% off ou
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09/10/2008