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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mick Mørmøny who wrote (60598)8/24/2006 2:18:16 AM
From: John VosillaRead Replies (2) of 306849
 
Incredible year over year median price declines"

'In the Indian River County region, Realtors sold 151 existing single-family homes in July, 50 units less than the 201 sold during the same period last year. The median price significantly dropped $41,500 to $237,500, compared to the $279,000 in July 2005.

As for condos in Indian River County, 28 units were sold last month compared to 62 units in the prior year. The median price dropped to $160,950, a staggering $123,550 decrease from the $284,500 in July 2005.'

tcpalm.com
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