In January, still runs an active process of adjustment bids for the sale of residential properties in the country, according to brokers observations. The average reduction in bids from early 2009 until the country is on average 20 percent, and individual cuts are between 5 and 60 percent, writes in an analysis of real estate Bulgarian Properties based on data from the site of the company. When the prices of the transactions by the agency reported a decline of 36 percent for 2009 compared to 2008, which means that there are still differences in the levels of bids and those of transactions by about 15% on average for the country. Additional reductions in bids after June 2009 to date are within between 4 and 7%. The reduction in the offer prices of apartments in Sofia since early last year to date is 17% and prices of transactions was 23% in 2009 compared to 2008, ie disparity in the actual transaction prices and the offer is within approximately 5 percent on average. Prices of apartments sold in January in the capital remain at levels last quarter of 2009, namely ˆ 980 per sq.m., according to figures the agency. In Varna reported reduced levels of the offer of apartments of 14% and the average decline in the price of apartments sold was 22.5%. Average property prices in Varna remain higher than those in Sofia-based transactions. The decline in the average bid price of apartments in Plovdiv and Burgas is 15%. The market in these cities is colorless and people still believe that prices have not fallen enough, which explains the lower number of transactions in those cities. A total of 18% of active properties for sale on the website of the agency have reduced prices. For comparison, in June last year they were only 5% of the company offers active, ie for more than a half year has seen growth of nearly 3 times the amount of reduced property. To these must be added and most of the new offers that are actually published in real time to lower