Brian
I would change that from most to some. Most of the buyers I run into have very, very, very specific areas they are looking at. Not that its immune to anything but I know for a fact that there are a few hundred people registered to receive automatic feeds of every home listed in my master planned community. Many of these people live in the general area for many years and aspire to a specific home/location in here. Another example is BearishGurl who said she has about 4 specific homes in Fleetridge on her radar.
The simple truth is the RE market here is anything but simple. You could find examples of whatever you want to prove in terms of buying behavior, selling behavior, relative values or anything else you wanted to try to prove.