How can I find the trend in real estate prices in a particular US city say over the last 5-10 years?
Posted on December 16th, 2009 in Renting & Real Estate | 4 Comments »
HomeBuyer asked:
I am planning to buy a house. I need to know how the prices have moved in my area during the past decade. Real estate prices are very local phenomena, so general US statistics usually do not help/matter. Many thanks to the those who have answered so far. I don't see condo listings on zillow.com. Any pointers?
Organic Foods
I am planning to buy a house. I need to know how the prices have moved in my area during the past decade. Real estate prices are very local phenomena, so general US statistics usually do not help/matter. Many thanks to the those who have answered so far. I don't see condo listings on zillow.com. Any pointers?
Organic Foods
4 Responses
Scarsdale Real Estate
A local realtor has access to any sales related data you may need for your target area…
Homes in Torrance
Try out. You can enter in the house address, and it will give you a graph with price trends and a range of values for that property, both current and historical. It will also indicate sales during the past years, so you can see how many owners there have been. Finally, it will also give you “comparables” for that area, and allow you to pick and choose which ones to add/subtract based on your own opinion of what does and does not count.
Yes, your realtor or agent should give you pricing trends as well, but sometimes it is good to do a little of your own research as well. Also, if you are buying directly from the owner (no agency and no commission), an agent may not be as willing to work for you since there is not a commission. Or, if your agent is also representing the seller (dual agency), it is definately a good idea to do your own research since there is potentially a conflict of interest.
Torrance homes
Most agents won’t have access to the specific data you’re interested in. Call the local county Association of REALTORS. They’ll have what you’re looking for.
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