Monthly Irvine Statistics

NEW -> Contingent Buyer Assistance Program
I

irvinerealtor

Well-known member
Here are a few more ways to slice the numbers that are generated from the mls feed through one of my brokerage's newer services.  It seems to be more statistically-driven with less intermediary "justification" of the results.  I'm testing this service out and appreciate your help in making sure it is clear and useful.

April 2011 Statistical Analysis for Irvine

Please leave feedback if you find this to be helpful or if you see anything that does not appear to be accurate. 

Feel free to PM me for an additional info sheet for any other local city, if interested.

Thx,
-IR2

 
Liked, +1, Thumbs Up, #winning and whatever else I can put here.

I love this type of data/chart/graph pr0n... graphrix would be drooling all over this thread.

This seems to indicate we are heading for another dip... very interesting.
 
Since the price is falling, but sellers are jacking up the listing price, and inventory is getting smaller...
so that means either the buyer pool is shrinking faster or buyers are becoming more patient.
Perhaps the new developments are taking away a lot of demand.
 
When your data shows "Original List Price to Sold..." that means you take the first list price in the history? I've seen Agents who will list at $300k (WTF???) sell at $250k (Market), then before closing change the list price to $249k. They they can say how great their services are since they get MORE than the list price for their clients.

Does your data filter that kind of nonsense out, or is "Original List" data pulled from "Last List" price? My guess is that it's accurate, but wanted to confirm. In these days of them Intarweb Tubes it's harder for low quality realtors to pull these kinds of stunts and get away with it.

My .02c

Soylent Green Is People.
 
sgip said:
When your data shows "Original List Price to Sold..." that means you take the first list price in the history? I've seen Agents who will list at $300k (WTF???) sell at $250k (Market), then before closing change the list price to $249k. They they can say how great their services are since they get MORE than the list price for their clients.

Does your data filter that kind of nonsense out, or is "Original List" data pulled from "Last List" price? My guess is that it's accurate, but wanted to confirm. In these days of them Intarweb Tubes it's harder for low quality realtors to pull these kinds of stunts and get away with it.

My .02c

Soylent Green Is People.
Click to expand...

Dunno.  I will have to crossreference with my other sheet which has SP/LP and SP/OLP stats on it (edit to add: now updated).  Looks like OLP = OLP.

Keep in mind that if the listing is removed from the MLS (cancelled or withdrawn) for more than ninety days, the OLP is reset. 

Those who want to will always find a way around the rules.  Or as my grandmother still says, "Build a better mousetrap and you'll make smarter mice."
 
I don't think that there is any way to extract the "real" OLP from the MLS data for the non-super user.

I try to keep track of it for the CM market, but haven't updated that analysis in a while.  If I have time, I'll try to do that for this month's report.

 
Whoah... it's been over a year already?

At this rate I won't find a new IHOme until 2015.

What's interesting is the median is up to $555k (the April '11 was $529k and the May '12 was $511k) and inventory is way down... 397 vs 920 a year ago.
 
You must log in or register to reply here.
Back
Top