Shared Top Border
sdcia_head3.jpg (14795 bytes)
SDCIA Message Board
Register Latest Topics
 
 
 


Reply
  Author   Comment  
chatterweb

Senior Member
Registered:
Posts: 329
Reply with quote  #1 
In this One (Uno) case, the years mean something,  Scroll to year built then down to the sales history data with sales prices also [smile]


http://www.sdlookup.com/MLS-170051993-1522_Hawken_Dr_San_Diego_CA_92154

I found this randomly. 

__________________
Dogs have owners. Cats have staff.
larrywww

Senior Member
Registered:
Posts: 2,123
Reply with quote  #2 
Are sellers starting to resort to range pricing?   Is this market showing signs of weakness?
brycewheeler

Senior Member
Registered:
Posts: 569
Reply with quote  #3 
I don't associate range pricing with weakness on listings.  I use it on most of my listings.

Many Buyers like it.

Bryce
larrywww

Senior Member
Registered:
Posts: 2,123
Reply with quote  #4 
Interesting---I wouldn't have thought that buyers would like it.  I took it as a sign that the market is weakening---but apparently that just isn't true.

But then again it seems like a very different sort of trend----and maybe the range pricing means that there will be more offers---and that a bidding war may ensue.  In which case, it will fuel buyer speculation---and bid the prices up.

I can't say so myself because in my market it is fairly rare---and I really don't know what to think about it now.


chatterweb

Senior Member
Registered:
Posts: 329
Reply with quote  #5 
One thing I find interesting in this listing is it was bought as a new construction (some call those spec homes)

The oldest sales date is in 2003. The year built shows 2004.

By the time the RE Crash happened the 1st buyer may have closed in 2013 with some proceeds. But who knows?

Between 2013 and 2017 this property increased in value quite a lot IMHO, in 5 years. Who can do the math on what percent it jumped in 5

years? 109K over 5 years? It that normal or kind of high or just what the public is willing to pay?

I like the way that SD Local website is set up. The forums seem dead, but it is a pretty cool website.

__________________
Dogs have owners. Cats have staff.
brycewheeler

Senior Member
Registered:
Posts: 569
Reply with quote  #6 
Our local market (San Diego area) still seems very strong to me.  Lots of Buyers around.
Whether they can qualify to buy anything is another matter, but the will is there.

Bryce
rickencin

Avatar / Picture

Senior Member
Registered:
Posts: 971
Reply with quote  #7 
Quote:
Originally Posted by larrywww
Interesting---I wouldn't have thought that buyers would like it.  I took it as a sign that the market is weakening---but apparently that just isn't true.



As a buyer I have little patience for sellers who put a range on a house, say $600,000 - $649,900.  I always start out at the bottom of the range (if it's worth it).  Why would I start anywhere else?  The seller usually comes back at $645,000, close to the high end of the range.  I sit there stupefied wondering why they didn't just list it for $645,000 or $649,900.  I then move on to another property.  No good ever comes out of dealing with tricky, clever, devious people.  

__________________
Rick
Previous Topic | Next Topic
Print
Reply

Quick Navigation:

Easily create a Forum Website with Website Toolbox.

Policy