Difference in Home Value from Peak to Present : ARDELL's Seattle Real Estate Blog

ARDELL's Seattle Real Estate Blog

May. 25, 2009 - Difference in Home Value from Peak to Present

In the previous post, I was showing the % change in pricing. In the graph below you can see the current actual median price for a split entry home in these areas today, based on recent closed sales. Basically the same house has a different price, depending on where you buy it. You can pay more or less than these prices, as these are the median sold prices, meaning half the people may have paid more and half the people may have paid less, on average.

In the next post I will describe this home style in detail.

Below are the prices for this same home style back in the summer of 2007 when prices peaked for the most part. Since different areas peaked at different times, I used the medain price for April through July or so in 2007.

required disclosure Stats are not compiled, verified or posted by NWMLS

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Jun. 17, 2009 - RE: Difference in Home Value from Peak to Present

Posted by Greg Perry

Nice work, Ardell. Using split entry homes as the control group was good thinking.

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ARDELL DellaLoggia On Seattle Real Estate including Kirkland, Bellevue, Redmond, Green Lake and most areas around Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:Ardell@RainCityGuide.com