Sunday, March 02, 2008

Null Prices

What comment can there be? From the Sunday PG with data from Realstats on real estate prices in the City of Pittsburgh's 13th Ward (Homewood):

  • 2006 - Median Price = $10,000 on 108 sales
  • 2007 Median Price = $8,500 on 117 sales

Yet if you have ever looked at maps of parcel vacancy across Homewood, you would see even at these prices, the market does not clear.

1 Comments:

Anonymous Anonymous said...

What surprised me was that highest price for both years was well over $100k. Are there some nicer streets or does part of the 13th hit North Point Breeze?

Monday, March 03, 2008 4:57:00 PM  

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