Asking prices for multifamily properties rose to $154,730 per unit, a 1.1% increase compared with the end of the prior quarter. For the year, asking prices have fallen 2.6% on the year. Asking prices for multifamily properties hit a three-year peak in October 2007 at $209,684 per unit. In comparison, the current median asking price is down by 18%. The lowest asking price in the past three years was $152,213 set last month.