Comments on: Sunday Night Stats – Where’s the market heading? http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/ Seattle's Leading Resource for Real Estate Information Sun, 08 Nov 2009 01:47:42 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322902 Kary L. Krismer Sat, 02 Aug 2008 16:18:21 +0000 http://raincityguide.com/?p=2036#comment-322902 Okay, the "official" numbers. The ones that get released to the press. Okay, the “official” numbers. The ones that get released to the press.

]]> By: ARDELL http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322898 ARDELL Sat, 02 Aug 2008 16:03:39 +0000 http://raincityguide.com/?p=2036#comment-322898 Why do you call them the "real" numbers"? Just like a witness who is not available to be cross-examined, numbers that you can not validate and explain are not of value to me. The "real" numbers to me, validate what's happening on the street. Like the home I recently visited that can't seem to sell for even $100,000 less than the owner paid 12 months ago. Paid $750,000...just reduced to $650,000, still not sold. Why do you call them the “real” numbers”? Just like a witness who is not available to be cross-examined, numbers that you can not validate and explain are not of value to me. The “real” numbers to me, validate what’s happening on the street. Like the home I recently visited that can’t seem to sell for even $100,000 less than the owner paid 12 months ago. Paid $750,000…just reduced to $650,000, still not sold.

]]> By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322896 Kary L. Krismer Sat, 02 Aug 2008 13:56:21 +0000 http://raincityguide.com/?p=2036#comment-322896 Now we can just wait for Sunday Night Stats AND the real numbers for July. I've never understood exactly why the real numbers never seem to exactly match the live system. Maybe they're better at taking out duplicate listings? But sometimes the volume is slightly greater, not slightly less. Now we can just wait for Sunday Night Stats AND the real numbers for July. I’ve never understood exactly why the real numbers never seem to exactly match the live system. Maybe they’re better at taking out duplicate listings? But sometimes the volume is slightly greater, not slightly less.

]]> By: ARDELL http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322862 ARDELL Sat, 02 Aug 2008 02:00:46 +0000 http://raincityguide.com/?p=2036#comment-322862 "But the point is..." You can have the point, Kary.. “But the point is…” You can have the point, Kary..

]]> By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322850 Kary L. Krismer Fri, 01 Aug 2008 23:36:24 +0000 http://raincityguide.com/?p=2036#comment-322850 I said it was jumping around. It very well could have been at $444,000 at some point. But the point is one transaction moving from above the median to below the median isn't going to affect the median much, if at all, when there are over 1,200 transactions in the group, and over 100 entered today alone. The number entered today is why it was jumping around so much. This one changing from $37,500,000 to $375,000 didn't change the median any more than any of the other 100+ transactions today. That's the nature of medians. It did change the mean more than any of them, however. I said it was jumping around. It very well could have been at $444,000 at some point.

But the point is one transaction moving from above the median to below the median isn’t going to affect the median much, if at all, when there are over 1,200 transactions in the group, and over 100 entered today alone. The number entered today is why it was jumping around so much. This one changing from $37,500,000 to $375,000 didn’t change the median any more than any of the other 100+ transactions today. That’s the nature of medians. It did change the mean more than any of them, however.

]]> By: ARDELL http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322832 ARDELL Fri, 01 Aug 2008 20:24:24 +0000 http://raincityguide.com/?p=2036#comment-322832 LOL...the view I use is median and it absolutely said $444,000 before the correction. I should have taken a picture...but then I'm not used to being called a liar, so taking pictures shouldn't be necessary. I know what I saw, Kary. You are obviously looking at a different time or place. There's no way to go back a couple of days...so please stop calling me a liar or stupid. I'm not either. LOL…the view I use is median and it absolutely said $444,000 before the correction. I should have taken a picture…but then I’m not used to being called a liar, so taking pictures shouldn’t be necessary. I know what I saw, Kary. You are obviously looking at a different time or place. There’s no way to go back a couple of days…so please stop calling me a liar or stupid. I’m not either.

]]> By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322814 Kary L. Krismer Fri, 01 Aug 2008 19:14:03 +0000 http://raincityguide.com/?p=2036#comment-322814 By the time we stop this bickering, the real stats will be out! :D By the time we stop this bickering, the real stats will be out! :D

]]> By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322813 Kary L. Krismer Fri, 01 Aug 2008 19:13:15 +0000 http://raincityguide.com/?p=2036#comment-322813 It's been bouncing around a bit all day (I've never looked at it so many times in one day). The highest I saw today was $441,500, and that was after the change of the erroneous listing. The numbers I posted above are accurate. It was $440,000 before the correction, and $440,500 after the correction. You obviously don't know what the median is if you think one transaction changing from above to below median is going to change the result by $4,000 on over 1,200 sales. It’s been bouncing around a bit all day (I’ve never looked at it so many times in one day). The highest I saw today was $441,500, and that was after the change of the erroneous listing.

The numbers I posted above are accurate. It was $440,000 before the correction, and $440,500 after the correction.

You obviously don’t know what the median is if you think one transaction changing from above to below median is going to change the result by $4,000 on over 1,200 sales.

]]> By: ARDELL http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322811 ARDELL Fri, 01 Aug 2008 19:04:17 +0000 http://raincityguide.com/?p=2036#comment-322811 No it went down by $3,500 after correcting the errors. It was showing as $444,000 before the correction and $400,500 after the correction, but the $500 UP difference from what I stated yesterday is likely due to the many more sales that have posted since yesterday and even since this morning. By the time we stop back and forthing on this it will be time for Sunday Night Stats again :) No it went down by $3,500 after correcting the errors. It was showing as $444,000 before the correction and $400,500 after the correction, but the $500 UP difference from what I stated yesterday is likely due to the many more sales that have posted since yesterday and even since this morning.

By the time we stop back and forthing on this it will be time for Sunday Night Stats again :)

]]> By: Kary L. Krismer http://raincityguide.com/2008/07/27/sunday-night-stats-wheres-the-market-heading/#comment-322798 Kary L. Krismer Fri, 01 Aug 2008 17:39:47 +0000 http://raincityguide.com/?p=2036#comment-322798 Well the $37,500,000 sale has been corrected. The new unofficial, non-guaranteed numbers are median of $400,500, mean of $542,185, and sales 1312. So it went up by $500 after correcting the errors and adding a couple dozen sales. Well the $37,500,000 sale has been corrected. The new unofficial, non-guaranteed numbers are median of $400,500, mean of $542,185, and sales 1312. So it went up by $500 after correcting the errors and adding a couple dozen sales.

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