Wow, great work esmith. This must have been very time consuming — did you do it all in Excel? I’d love to see how you did it.
Anyway, this verifies the anecdotal data that there are big disparities even within the CS price tiers. I will be extremely curious to see what happens to stalwart “Coast” category in the months ahead.
One thought — I am not so sure that the recent downturn in the Coast properties is all seasonal. Looking back at prior years, there is clearly a seasonal tendency to decline at this time, but there are also some other recent factors that could explain it too (credit crunch round 2, mainly). So given the steepness of the recent decline, my bet is that it’s partly seasonal and partly genuine.
I guess we will see in the months ahead, if you are able to keep this updated. Thanks for sharing this great info.
