As the hot days of Summer wind down, so do our average sale prices, with most price ranges seeing a year-over-year decrease of 1.5-2.0%. Average price per square foot was down about 0.5% from July. The monthly decrease is normal as the luxury market drops out during the hottest months of the year, while the year-over-year we would not classify as seasonal. Buyers are a bit timid as the economy is Continue Reading

