The number of sales for 2009 YTD compared to 2008 shows a decrease in the number of sales from 499 to 369, or 26%.  Sales volume is off 35% YTD.  The price per square foot has dropped 12%.

The good news?  Condo sales the last half of this year were actually stronger towards the second half of the season, and in 2008 condos sales were more weighted towards the spring buying months.  The biggest hole in our sales occurred between May 1st of 2008 to May 1st 2009.  A sign that this market has bottomed?  Could be, only time will tell. 

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