Home Buying in Guttenberg>Question Details

Dan, Both Buyer and Seller in Portland, OR

What is the average price reduction in Galaxy condos over the past year?

Asked by Dan, Portland, OR Sun Oct 12, 2008

Help the community by answering this question:


Marc Paolella’s answer
In the past 12 months, there have been 21 sales in the Galaxy, with an average selling price of $386,700 and a median price of $363,800.

For the previous 12 months, there were 32 sales, with an average selling price of $427,600 and a median price of $362,500.

So using the average, prices have dropped 10%, while using the median, prices are basically unchanged. So I'd go down the middle of the 2 indicators and say that prices are down around 5% over the past year.

However, keep in mind that this sample size is fairly small.

If you have any other Galaxy questions, contact me anytime!


Marc Paolella
Relocation Director
Member, Worldwide ERC
Licensed Realtor NJ
Licensed Appraiser NJ & NY
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
e-mail: marc2000@verizon.net
web: http://www.marcpaolella.com
Web Reference: http://www.marcpaolella.com
0 votes Thank Flag Link Mon Oct 13, 2008
Hi Dan

I can provide a detailed list.

Call me I can email it to you.

Let Coldwell Banker bring you home!!

Jose Martinez
0 votes Thank Flag Link Thu Feb 7, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer