$755k to $447k in MM – Page 4 – Piggington's Econo-Almanac

This topic has 85 replies, 10 voices, and was last updated 13 years, 2 months ago by Wah-Wah.

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April 7, 2011 at 8:36 AM #685320

Wah-Wah
Participant

according to DQ, 92126 is off by 11.39% (YOY February) and the median is $350,000.

[quote=jameswenn]360K[/quote]

[quote=jpinpb]If you look at the CPI Inflation calculator it should be 356k.
[/quote]

my thought too… < $350k

April 7, 2011 at 11:07 AM #685219

an
Participant

According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.

April 7, 2011 at 11:07 AM #685711

an
Participant

According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.

April 7, 2011 at 11:07 AM #685360

an
Participant

According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.

April 7, 2011 at 11:07 AM #684542

an
Participant

According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.

April 7, 2011 at 11:07 AM #684591

an
Participant

According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.

April 7, 2011 at 1:41 PM #684592

davelj
Participant

[quote=AN]According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.[/quote]

I don’t know Mira Mesa, but if you’re numbers are correct then $400K-ish doesn’t seem outrageous.

April 7, 2011 at 1:41 PM #684641

davelj
Participant

[quote=AN]According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.[/quote]

I don’t know Mira Mesa, but if you’re numbers are correct then $400K-ish doesn’t seem outrageous.

April 7, 2011 at 1:41 PM #685761

davelj
Participant

[quote=AN]According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.[/quote]

I don’t know Mira Mesa, but if you’re numbers are correct then $400K-ish doesn’t seem outrageous.

April 7, 2011 at 1:41 PM #685269

davelj
Participant

[quote=AN]According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.[/quote]

I don’t know Mira Mesa, but if you’re numbers are correct then $400K-ish doesn’t seem outrageous.

April 7, 2011 at 1:41 PM #685411

davelj
Participant

[quote=AN]According to REReport here: http://lemack.rereport.com/enlarge_graph?graph=MSColumn3DLineDY&data=price_sales_graph%3Fmls%3D2%26proptype%3D1%26locale%3D6231%26month%3D11%26year%3D2010%26period%3D1%26localetype%3Dcities%26print%3D1, it feels pretty flat to me. It’s a +/- $30k swing over the last year and a half. I didn’t noticed median went up by 10% last year, which is why I didn’t noticed it drop by ~10% this year.

BTW, if this house sell for mid 300k, then most houses in MM should be around mid $200k. At today’s rate, mid 300k = ~$1800/month PITI ($1400 PI). This place can rent for ~$2300/month.[/quote]

I don’t know Mira Mesa, but if you’re numbers are correct then $400K-ish doesn’t seem outrageous.

April 7, 2011 at 4:14 PM #684637

taz
Participant

Agree. 400k MAX.

April 7, 2011 at 4:14 PM #685806

taz
Participant

Agree. 400k MAX.

April 7, 2011 at 4:14 PM #685314

taz
Participant

Agree. 400k MAX.

April 7, 2011 at 4:14 PM #684686

taz
Participant

Agree. 400k MAX.
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