Looking at closed sale activity for 2009

It's May 19th, though we'd take a look at the closed condo sales in North PA. Since 1/1/09 we have had 8 closed sales (normally, would have 2 and a half times that number). Take a look at the closed sales:

$1,330,000

$1,200,000

$1,200,000

$1,160,000

$665,000

$635,000

$692,000

$608,000

If you have  a working knowledge of the downtown PA condo market you don't even need to see the addresses to know where those sales occurred. It's interesting that we haven't had even ONE sale in the 800,000-900,000 range. That range covers almost every 30 something year old building in downtown PA. And there are a lot of those.......