Comments on: Get Your San Diego Market Trends - The Line Forms Uphill http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/ A San Diego Real Estate Web Log Fri, 05 Dec 2008 09:34:14 +0000 http://wordpress.org/?v=2.5 By: Teresa Boardman http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145614 Teresa Boardman Tue, 26 Feb 2008 14:51:27 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145614 This does look like fun. I could do the same next Friday but I think the numbers from our market would be more likely to make my readers cry . . . hmmm, that might be fun for me. LOL This does look like fun. I could do the same next Friday but I think the numbers from our market would be more likely to make my readers cry . . . hmmm, that might be fun for me. LOL

]]> By: Kris Berg http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145549 Kris Berg Fri, 22 Feb 2008 20:58:53 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145549 Faina - Hmm, let's see. Is it okay that you are telling people you like my blog? (Thinking, thinking...) It's okay! :) And, thank you. On the subject of median prices possibly being misleading, that really goes for all statistics. There are soooo many ways to interpret data! Faina - Hmm, let’s see. Is it okay that you are telling people you like my blog? (Thinking, thinking…)

It’s okay! :) And, thank you.

On the subject of median prices possibly being misleading, that really goes for all statistics. There are soooo many ways to interpret data!

]]> By: Faina Sechzer http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145547 Faina Sechzer Fri, 22 Feb 2008 20:20:01 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145547 Kris, after all the work we go through to provide the median price statistics, they could be misleading as a way to judge the "real" direction of the real estate prices. BTW, I am a big fan of your blog and recommended it on AR as the best real estate blog. I hope it's OK:) Kris, after all the work we go through to provide the median price statistics, they could be misleading as a way to judge the “real” direction of the real estate prices. BTW, I am a big fan of your blog and recommended it on AR as the best real estate blog. I hope it’s OK:)

]]> By: Steve Berg http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145545 Steve Berg Fri, 22 Feb 2008 18:46:06 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145545 Oops! Oops!

]]> By: Kris Berg http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145544 Kris Berg Fri, 22 Feb 2008 17:41:05 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145544 Steve - See #1 above. These are "list prices." Also note the Value Range discussion. Now, what think thee? Steve - See #1 above. These are “list prices.” Also note the Value Range discussion. Now, what think thee?

]]> By: Steve Berg http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145543 Steve Berg Fri, 22 Feb 2008 17:31:50 +0000 http://sandiegohomeblog.com/2008/02/22/get-your-san-diego-market-trends-the-line-forms-uphill/#comment-145543 Kris - Thanks for doing the stat's, since I was obviously too lazy on this rainy day. But since you did do them and since it is Friday, humor me for a minute here. Looking at the median price/foot in any of these areas, you will notice what looks to be this huge drop off in sales values in a relatively short period. Take 92131, for example - The Altos Chart suggests that the median price per foot dropped from almost $450/ft. in November, 2007 to $325/ft in January, 2008, just two months later. This is obviously not reality. Since I apparently slept through my college statistics classes, can you help me to understand this? Kris - Thanks for doing the stat’s, since I was obviously too lazy on this rainy day. But since you did do them and since it is Friday, humor me for a minute here.

Looking at the median price/foot in any of these areas, you will notice what looks to be this huge drop off in sales values in a relatively short period. Take 92131, for example - The Altos Chart suggests that the median price per foot dropped from almost $450/ft. in November, 2007 to $325/ft in January, 2008, just two months later. This is obviously not reality. Since I apparently slept through my college statistics classes, can you help me to understand this?

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