We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years.
Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community.
In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.
So I am thinking, when does the low-tier jump to the mid-tier and when does the Mid-tier jump to the high tier,
Did the High-tier ever transition to the Mid-tier etc..
OH I give up I got a headache
Maybe I got it wrong, but unless you are tracking same home sales the whole thing is going to be just a real rough estimate.
Almost need to do this by zip code because I think some have surpassed the 2005 level already.
Agreed, and all of these discussions are to examine general trends. Most zip codes are probably too large as well, and really all that matters is what is happening in the specific neighborhoods.
But while we are at it, let’s mention that recent sales may not be that reliable as an indicator of what the next guy will pay.
It is happening again as the frenzy conditions heat up – people are buying houses in original condition for retail, or retail-plus prices. You might get lucky with an appraisal, but they are drastically over-paying given the difference in upgrades.
It’s where a good buyer’s agent makes all the difference.