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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (15534)	12/20/2003 12:10:12 AM
From: Wyätt Gwyön	Respond to of 306849

at this site Les found, look at this price distribution for Austin. if you were to draw a distribution curve for 2002, the peak would be at 120-140K, declining steeply to the left and gradually to the right. however, there is a second peak on the right at 200-250K. this second peak is, i believe, the entry level for houses in Austin proper, so there is a lot of demand for the lower end seen here (to be distinguished from the lower end in the edge cities, which is probably 100-120K). recenter.tamu.edu Price Range 1998 1999 2000 2001 2002 $29,999 or less 0.5 0.3 0.3 0.3 0.3 30,000 - 39,999 1.0 0.6 0.4 0.4 0.3 40,000 - 49,999 1.3 1.2 0.8 0.6 0.6 50,000 - 59,999 2.8 2.0 1.3 0.9 0.9 60,000 - 69,999 4.5 3.3 2.1 1.3 1.2 70,000 - 79,999 6.8 4.9 2.7 1.8 1.6 80,000 - 89,999 10.2 8.3 4.9 3.2 2.5 90,000 - 99,999 9.8 10.2 7.3 4.5 3.8 100,000 - 119,999 14.7 14.8 14.9 14.6 13.2 120,000 - 139,999 11.3 12.8 13.0 16.2 16.5 140,000 - 159,999 8.1 8.6 10.1 11.7 12.5 160,000 - 179,999 6.6 6.5 7.8 9.4 9.4 180,000 - 199,999 4.5 4.9 5.9 6.4 6.6 200,000 - 249,999 7.3 8.0 9.9 10.2 10.8 250,000 - 299,999 3.8 5.0 6.2 6.5 7.4 300,000 - 399,999 3.6 3.9 5.8 6.2 6.5 400,000 - 499,999 1.4 1.9 2.7 2.2 2.4 500,000 and more 1.9 2.5 4.0 3.6 3.5