Home Sales Data thru 6-18-2007

Jul 8th, 2007   by IrvineRenter  in News

Home Sales Data thru 6-18-2007

More of the same: lower volume and lower prices.


real estate home sales

Astute Observations

Astute Observation by lendingmaestro
2007-07-09 10:01 PM

the sample pool is way too small to extrapolate any meaning out of this.  It also only compares the sales of one zipcode for one month in 2006 w/ the same month in 2007.  There is too much variance and too small a scope to make any judgements from this.

We all know that sales volume is slowing though and DOM are increasing.

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Astute Observation by No_Such_Reality
2007-07-09 08:30 AM

216 sales…  At that sales volume, everybody homeowner gets to move once every 27 years.

The three zips up on volume are at 18 sales, 32 sales and 22 sales.  not exactly woohoo level.

92618 must be an erroneous data point,  that or last years, number was $475K.  Maybe.

Unfortunately, the volume is so low, median is basically pointless.

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Astute Observation by MoneyNing
2007-07-08 08:34 PM

I agree that it’s all over the place.  This chart’s data is not conclusive that it’s a bear market.

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Astute Observation by oc_fliptrack
2007-07-08 06:12 PM

2600 again.  Nothing new here.

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Astute Observation by Mel
2007-07-08 12:20 PM

Seems pretty all over the place to me.  Also, what happened to the below $500K zip codes?  I would like to see a chart mapping a longer time period because I think the small number of transactions measured here doesn’t really provide that much useful information.

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Astute Observation by Huh?
2007-07-08 09:32 AM

Is that what you see?  Funny.
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