Sunday, October 15, 2006

Daily News - "Home sales down 35 percent" (10-12-06)

"Experts say decline is return to normal"

"Last month saw 218 single-family homes change hands, a decline of nearly 34 percent from the year before and the first time in three years that sales were below the 300 mark for September, according to the association. The median price for single-family homes fell 1.6 percent, from $594,500 to $584,900."

"Condominium sales fell 37 percent, with 109 sales compared with 173 for the previous year, according to the association. But in one positive trend, the median price of condos increased 1.3 percent, from $379,900 to $385,000."

No comments: