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.


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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