Market Update Part II

June 18, 2008

Last 2-weeks sales: many more sales under than over…

Type             Over       Under         At
SFD                 24           38               9
Condo/TIC     17            32             22
2-4                   1              5              2


Total               42            75            33

So negotiation seems to be the name of the game right now. Among these sales there were some very big sales closed in the last couple weeks: District 7 saw 5 SFD sales between $5.5m and $18m.



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