When people compare current stats with the peak bubble sales and appreciation years they are overstating the decline.

SDR, on those CV stats, do they have 1990-1996?

Overall, in five years, I think we’ll all step back and agree what the trend was. In the mean time, looking at monthly sales, watching the 40 monthly sales is like watching the gyrations of a stock on intraday trading. I stock can be cleanly up or down and an individual day, week and month can all drive you nuts as it retests highs and lows.

In the meantime, if I look at CV on Redfin, I several 4/3s ranging from high 900s to 1.3m at this price level, noise is +/- $100K. When this listing comes back with the same volume of homes and all those 9s are now 8s, we’ll know the market as moved.