Sandicor MLS Statics are out and it really ain’t pretty

[patientlywaiting]

The RSF folks need to absorb 2 years of holding costs before they begin lower prices. Let’s see if they can outlast the downturn. Or might it be the other way around?

[patientlywaiting]

The RSF folks need to absorb 2 years of holding costs before they begin lower prices. Let’s see if they can outlast the downturn. Or might it be the other way around?

[raptorduck]

bsrsharma, thanks for posting this very useful info.

[raptorduck]

bsrsharma, thanks for posting this very useful info.

[SD Realtor]

BSR it is indeed unfortunate when a listing agent does not give a seller the complete picture of the local market where the seller intends to sell. It is absolutely important to consider ALL of the statistics including the local sales volume (on a yoy basis), the months inventory, the active pending ratio, the local competition, and of course the expired/cancelled/withdrawn statistics. That way the seller can get a very informed picture of the situation.

As far as buyers go, Raptor make sure that any home you are really interested in is researched thoroughly. Please consult with your agent as to what he/she should gather for you. It makes a huge difference.

SD Realtor

[SD Realtor]

BSR it is indeed unfortunate when a listing agent does not give a seller the complete picture of the local market where the seller intends to sell. It is absolutely important to consider ALL of the statistics including the local sales volume (on a yoy basis), the months inventory, the active pending ratio, the local competition, and of course the expired/cancelled/withdrawn statistics. That way the seller can get a very informed picture of the situation.

As far as buyers go, Raptor make sure that any home you are really interested in is researched thoroughly. Please consult with your agent as to what he/she should gather for you. It makes a huge difference.

SD Realtor

[Eugene]

a friend of mine has a house in Clairemont. He says that his neighbor’s 3br 1800 sq ft house just sold for 610k after TWO DAYS on the market.

it’s going to be hard to convince him that we have a bursting bubble.

[Eugene]

a friend of mine has a house in Clairemont. He says that his neighbor’s 3br 1800 sq ft house just sold for 610k after TWO DAYS on the market.

it’s going to be hard to convince him that we have a bursting bubble.

[nostradamus]

Post the address and let the pigs check out the real deal on that house.

[nostradamus]

Post the address and let the pigs check out the real deal on that house.

[bsrsharma]

The neighbors house must be “High end” for Clairemont. This is how SD 92117 home prices stacked up during 2005:

http://www.city-data.com/zips/92117.html

$150,000 to $174,999: 1023
$175,000 to $199,999: 2076
$200,000 to $249,999: 3812
$250,000 to $299,999: 1758
$300,000 to $399,999: 1094
$400,000 to $499,999: 435
$500,000 to $749,999: 164
$750,000 to $999,999: 12
$1,000,000 or more: 30

[bsrsharma]

The neighbors house must be “High end” for Clairemont. This is how SD 92117 home prices stacked up during 2005:

http://www.city-data.com/zips/92117.html

$150,000 to $174,999: 1023
$175,000 to $199,999: 2076
$200,000 to $249,999: 3812
$250,000 to $299,999: 1758
$300,000 to $399,999: 1094
$400,000 to $499,999: 435
$500,000 to $749,999: 164
$750,000 to $999,999: 12
$1,000,000 or more: 30

[oxfordrick]

DOM represents days on market for homes that SOLD.

DOM for homes that have not sold is infinity.

Neither statistic very useful.

[oxfordrick]

DOM represents days on market for homes that SOLD.

DOM for homes that have not sold is infinity.

Neither statistic very useful.

[Eugene]

3000 houses/condos worth less than 200k in Clairemont in 2005?

I can see how a 1br 500 sq ft condo could be worth that much, but are there so many 1br condos in that area?

Right now realestate.yahoo.com is showing 164 houses/condos for sale in 92117, 83 above 500k, 24 above 700k.

[Author]

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