October 2008 Sales Market Report for Washoe County

October brought in only one additional sale over September in the single family residence column but $ volume was lower confirming what we have been seeing and that is prices are still going down.  You will also see that same scenario in the condo/townhouse sector.  In the builder/developer arena we find closed sales down by 60.  How low can it go?

Information provided by Jud Klinger of Datasource (www.datasourcenev.com).

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One Response

  1. How low can it go?

    Damn I am starting to think BB had it right, and might be called an optimist next year.

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