Friday, October 26, 2007

The drama pricing


The median price for a home in the Sarasota-Bradenton market has dropped $109,200 since the beginning of 2006, based on the September sales report by the Florida Association of Realtors. Back in January 2006, the median was $353,500. Now it is 31 percent less.

"The sellers have reduced their pricing; they've done the drama pricing." says Nancy Riley, this year's president of the Florida Association of Realtors.

SH-T

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