|It's too early to get carried away, but the number of townhomes and condos for sale here has been steadily dropping. |
Compared to this time last year, MLS listed townhomes are down to 3 from a high of 6 and MLS listed condos are down to 1 from a high of 9.
The bad news is that townhomes prices and condo prices have been ridiculously low as a result of distress selling by the banks.
But with fewer townhomes and condos for sale here, hopefully we should start to see prices rise from the distressed lows of the past two years.