Sales of homes in the MLS for the tri-county area dropped for the third month in a row. Closings reported between 10-26-08 thru 11-25-08 totaled 2,088.
Almost half of the sales were under $150,000. That is almost twice the amount of homes sold at that price point during the same period last year and while prices have dropped dramatically, sales continue to mirror the previous years activity. Last year total sales during the same period totaled 1,886.
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