Market Trends March 2009- Average Price Per Square Foot

This data set clearly shows that the average price per square foot has declined dramatically over the last 15 months.  This does not mean that every house has declined in value by 22.1%, but rather higher quality homes simply have not been selling over the last six months and thus the only ones that have been selling are more average in quality.

I believe we will start to see this slowly increase in the coming months and see more activity in the upper price ranges.

 View Full March 2009 Market Trends Report

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