Volusia County Florida Property Appraiser Morgan Gilreath used these slides at a recent forum to graphically show the decline of the median sales prices for single family residences in the county since the bubble burst in 2006. The first chart pretty much speaks for itself showing the rapid decline in median sales prices since 2006.
This second slide has a red line going left to right that is the median sales price for Volusia County property. Mr Gilreath extends the line to 2010 and estimates the median price if there were no bubble
These slides are used with the permission of Volusia county Property Appraiser Morgan Gilreath. Mr Gilreath has posted all the slides used for his presentation on his web site. Lots of good information there at http://webserver.vcgov.org/0609vcard.ppt
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