Not in my opinion.
26 condos sold between January 2007-January 2008--that is awesome! Sale prices ranged from $93,000-$115,000 with only 2 condos being under $100,000.
17 condos sold between January 2006-January 2007 and sales ranged from $89,000-$105,000.
I think that these condos have appreciated well for the price range they're in.
Let me know if you have any other questions-be glad to help!
Rocky Top Realty, Inc.