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CV Mix
Posted By Jim the Realtor On February 21, 2011 @ 10:30 pm In Bubbleinfo TV,North County Coastal | 8 Comments
Initially this comparison of two sales on the same street had the appearance of an extra-wide spread; $810,000 to $1,100,000. But in the end it was about right - an add of 10% for a bigger south-facing canyon-front backyard, and a minus-5% roughly for short sales.
It helped re-inforce how uniform the pricing is around the tract-house-heavy Carmel Valley, where buyers loaded with internet data are making similar decisions.
So instead of adding the two model-matches across the street from each other on Foxhound that sold within $10/sf of each other, I tacked on two recent foreclosures and a short-sale:
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