No. 3 (tie) West Palm Beach, Fla.
Change in Condo Price (2007:Q2-2008:Q2): -27.3%
Median Condo Price: $203,000
The West Palm Beach market had all but died in the first quarter of 2008, with just 87 condo sales. "At that point everyone had realized that the bottom had fallen out of the condo market," says Integra’s Johnson. Sales climbed to 125 units in the second quarter after prices dropped.
