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Benefit of Cheese

Posted By Jim the Realtor On April 21, 2010 @ 2:28 pm In North County Coastal,Price Check,Sales and Price Check,Thinking of Buying?,Thinking of Selling? | 5 Comments

How much impact has the tax credit had on the market?

Here is the summary of detached sales and avg. $$ per square foot in the same zip codes combined from yesterday, for the January 1st through April 15th period:

Year	$800,000-	$800,001+
2009	538/$285 psf	282/$451 psf
2010	706/$297 psf	400/$411 psf
YOY Diff	+31%/+4%	+42%/-9%

Sales above $800,000 have increased sharply (+42% YOY) without the government cheese – but the lower pricing must be a contributing factor.

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