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 EDT, Wed, Nov 19, 2008

 

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.”

Copyright Washington City Paper

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  • New Home Salesperson Saturday, Nov 22 at 9:49 PM FLAG COMMENT I sell for a local new home builder. Our condo division because of the affordability issue is outpacing the slaes of our single family homes.

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