Here is our first update of four market trends we’ll be posting each month. The data spans an 18 month period in an effort to avoid presenting false trends based on activity of the the current season.
Mentions:
- Resale reached an all time low in 18 months at $383/sq. ft.
- New construction reached an all time high in 18 months at $756/sq. ft.
- Combined prices as an average were lowest in August ’09.
Stats are for MLS area 701 which is known as “Downtown”
All reports presented are based on data supplied by the NWMLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
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