Price Reductions and a few new sales......

The 3/2 at High St has had a price reduction from $1,249,000 down to $1,195,000. They were at 867 sq/ft (way to high). Now they are down to 829 sq/ft. We also saw 360 Everett drop from $1,395,000 to $1,278,000 and 548 Everett drop from $1,095,000 to $995,000. These look like nice price drops but as I've been saying all winter the condo listings in downtown PA all started out too high. 

There are a few sales to report, all pending none closed. 766 University, 101 Alma  and 1327 Alma are all now in contract. They were all on a very long time with price drops so it will be very interesting to see what they finally sold for. 

As I've been saying, our market is trying to find itself right now. Reported sales will help with that. Expect to see us off around 20% from where we were last Spring......