Friday, March 6, 2009

Downtown Condo Sales Update.....

Well, it's not really an "update". 19 condos continue to be available in downtown PA-no pending sales. In fact, there has only been ONE sale in 2009 in the downtown PA condo market (it was a 2 bedroom at the Weatherly). One. Wow. 
I tell everyone the same thing: Pricing your home off last Spring's sales accomplishes nothing. This is not a market where you "hope and wait for things to get better". Th message is simple: If you don't need to sell your house take it off the market-all you are doing by keeping it listed is adding to the swelling inventory list. If you do need to sell your house, be very open and realistic to what I tell you it's worth. Because I will tell you this: Whatever I say it's worth TODAY is more than it will be worth by the end of the year. Guaranteed....

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