I have updated the property transfers which now include the month of March, 2009. Two of the propertys sold have been on the market for a long time and something very interesting. Both of the properties sold above the Fairfax Town Appraisal. One was apprasied at $165,900 and sold for $190,200 and the other was appraised at $198,600 and sold for $237,500.
Another property was appraised at $125,100 and sold for $155,000.
Bottom line, looks like if you are willing to wait, no need to lower the price, there apparently is always a buyer, just takes a little longer sometimes.
Latest transfers can be viewed by clicking on the following link:
http://www.vtgrandpa.com/fhs/raytrns.html (http://www.vtgrandpa.com/fhs/raytrns.html)