Washington Area Condo Prices Holding Steadier Than Home Prices

It might just be a great time to buy

By RUTH SAMUELSON
Updated 10:30 AM EST, Wed, Nov 19, 2008

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From the Washington City Paper blog Housing Complex

This via the Washington Business Journal:

“The quarterly report says the average price of a single-family home in the Washington area was $332,700 in the third quarter, down 24 percent from the average price of $438,000 in the third quarter of 2007. Washington-area condo prices averaged $263,000, down 11.2 percent from a year ago.”

First Published: Nov 18, 2008 6:41 PM EST

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