So far the first half of the year has shown very little movement in small apartment building sales. When looking at 4 plexes there have been 10 sales year to date, nearly on track with 2008 volumne of 11 property sales. On top of that the average price is $271,000 for this year. The typical 4 plex that is 5 years old is averaging a the low 300's. Compared to the same time last year the average price was $344,000 or a 21% drop in value.