Yikes. According to the most recent Market Action Report, the average sale price in October 2011 fell 6.5% when compared to the same time last year. Although activity is rising! Closed sales went up 14.1% in October 2011 compared to October 2010 and pending sales saw a rise of 15.1%. With low prices that continue to get lower and insanely low interest rates we have a great time to buy! See the full Report here.