As I’ve said before, we kind of saw a two-tiered situation in the first half of last year, where some sellers were still getting peak prices while others were getting somewhat less (5-15%). That pretty much went away in the second half of last year, when almost all sales were at 10-15% off peak prices.
So far this year, sales (pendings, anyway) seem to be picking up a bit. Prices are still mostly down, although of the sales that have closed, there are one or two properties that have sold for close to peak prices.
A mild spring bounce on a years-long decline, in my opinion.
