To answer you question about price, is yes price definitely changes with time and lately with the market being slower, prices are usually adjusted if there is no offer activity within 30-40 days of putting it on the market.
I just ran a quick market analysis for 6-12 vs 0-6 months of sales in the area you are referring to for average size and priced homes. The average days on the market has gone from approx 90 (prior 6-12 month sales) down to 45 (prior 0-6 month sales). The average per Sft cost has gone from $170/Sqft to $220/sqft. However, this is just one set of numbers and it is diffucult to derive a concrete conclusion form it, however it does indicate that homes are selling faster and prices are on the upswing.
Please call me if you are trying to answer a more specific question.
Home Sales Pro
The Bremner Group at Coldwell Banker
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