The Associated Press:

The average sales prices of [single-family]homes [in Detroit] plunged from $46,702 in 2003 to $8,692 last year. Through the first month of 2009, average sales were $6,035. 

Tags: Detroit

This entry was posted on Monday, March 9th, 2009 and is filed under Economics, Financial Crisis, Politics. Comments are closed; the conversation is kept as it was.