Comments on: July 2008 Home Sales

By: Anonymous

Anonymous — Wed, 27 Aug 2008 06:01:40 +0000

Very useful data for these cities from TheArcadian and also very informative presentation by T2 Partners LLC from YuLu. Great jobs.

By: TheArcadian

TheArcadian — Tue, 26 Aug 2008 17:05:16 +0000

No problem. I initially left the data out because so little homes were sold. But I guess sierra madre isn’t that big a city to begin with…

By: picpoule

picpoule — Tue, 26 Aug 2008 16:02:19 +0000

Thank you, Arcadian. Those are high numbers for Sierra Madre.

By: TheArcadian

TheArcadian — Tue, 26 Aug 2008 07:35:33 +0000

This data is inclusive of condos and PUDs for sure. A great deal of homes have sold for $650k-ish over the last 6 months. But they are mostly fixer-uppers, 50-80 years old and borderline Monrovia. $633k for a decent SFR home in Arcadia will happen when the condos and PUDs start hitting $400-500k.

By: Cato

Cato — Tue, 26 Aug 2008 07:11:06 +0000

$633k for Arcadia? Is this including unincorporated or are buyers able to get sellers down that far. I dont recall seeing a home at that price since the early 2000s. Condo sells must be included in those figures.

By: TheArcadian

TheArcadian — Tue, 26 Aug 2008 03:37:55 +0000

Great analysis! I jumped straight to the section titled “How to Profit from this Downturn.”

By: TheArcadian

TheArcadian — Tue, 26 Aug 2008 03:26:35 +0000

Added!

By: picpoule

picpoule — Tue, 26 Aug 2008 02:23:54 +0000

Thanks for the data. How about including Sierra Madre, too, next time?

By: Sean

Sean — Tue, 26 Aug 2008 01:21:07 +0000

Is the YOY change the Homes sold or the Median Price?

By: SoPasLooker

SoPasLooker — Mon, 25 Aug 2008 23:01:32 +0000

Woohoo, SoPas is down 11%, only 40% more to go!