Real Estate Statistics: One-Sixth Price Becoming A Trend

June 10, 2011 1:32 pm

We had written about how Arizona land sold for 8 percent of its peak price – today we spotted this:

“A 23.53-acre property at the Las Vegas Beltway and Hacienda Avenue that sold for $30.2 million in 2007 and was later foreclosed upon has been sold for $4.4 million.”

Statistics Source: CalculatedRisk

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