According to a report prepared by M Squared Realty, the average-sold price of Penn Quarter real estate is down 8% from last April. Comparing Q1 2012 to Q1 2011, it's down even more: 13%.
It bears noting that due to Penn Quarter's small geographic area, it's a small sample size: just 4 condos each April, and to our knowledge, the figures don't account for differences in square footage of the condos sold.
Check out the full report here, and M Squared's video tour of Penn Quarter:
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