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


To: TraderC who wrote (21250)6/3/2004 12:03:26 PM
From: TradeliteRespond to of 306849
 
<<It is possible to use more sophisticated statistics to better describe RE activities>>

This is done every day with a well-programmed multiple listing system. Sales data for just about any length of time can--in literally minutes-- be sliced, diced, and analyzed spreadsheet-style for a street, a subdivision, a zip code, a county, a town, a school district, or by price range, architectural style of house, lot size, number of bedrooms or baths, whether a basement exists, etc. etc.

I'm not sure what data Lizzie is looking for, but she can get it.

Don't recall ever needing to consider medians and averages when selling real estate. In fact, that data is pretty useless when you're working in a microcosm of the national real estate market.