Two interesting caveats in the National Association of Realtors® Wikipedia entry:
Downtown Memphis condo sales -2010
[Update: Post revised 1/3/2010 at 12:01CST to revise incorrect data] Based on reported Sales Data* there were 113 Condos sold through Realtor-reported, MLS sales in 2010, in a price range of $74,900-$525,000, with an average price of $200,282. Days on the market averaged 177. The Downtown condo market has suffered from over building and diminished […]