I’ll just assume whatever you’re using doesn’t show you everything, but model matches:
November 2000: $250,000
March 1999: $229,000
March 1999: $230,000
Quick average I could run for 2000-2200 sq. feet nearby that last sold in 2000 (excludes those that may have sold since): $271,575
Also, I don’t think rates were ever 10% in the 90’s.
You did help remind me though another way to approach our 2000 metric is to adjust old/new sales according to historical data (what you were scrambling to do). I’ve done this before, but now I think I have a better handle on it. You just can’t ignore some of the data.
If I could get a source for all sales, that’d be stupendous.
