Big drop in prices boosts home sales PDF Print E-mail
Fueled by foreclosures and a 37 percent drop in median price to $205,893, the existing-home market ended 2008 with 31,727 sales, 38 percent more than in 2007. Combined with declines in 2007, the median home price has fallen 45 percent since February 2007 when it was $288,000.