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To those who say we hit the bottom in 2009
2010 Dec 19, 5:14am 3,062 views 7 comments
by pkowen follow (0)
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7
MillennialFalcon
2010 Dec 20, 12:59pm
This plot would be better if we could add lines for upper quartile and lower quartile (Like a box plot graphed over time). Then you could see the impact of skewness on the median price.
Boxplot: http://www.netmba.com/statistics/plot/box/
It would help reduce some of the controversy around reported values for median price.
Do we have this data? Patrick?
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I have been getting email from a "real-tor" since April 2006 with the "housing inventory snapshot". It has average and median asking prices and days on market for a few counties in the bay area. I go ahead and chart it myself even though there are charts (Redfin, etc.) out there with pretty much the same data.
November 2010 is the bottom so far for 'under $1 million' in San Mateo County. Median was $585,000. The next closest was January 2009, $596,000.
Oh, and days on market peaked in December 2008 (98 days, in the high 80's through April 2009), but it's back to 85 days Nov 2010.
#housing