Thanks PatientRenter! Here's the graph he made.

PatientRenter rounded up some data and made a great graph showing some sales trends in two Irvine zips: 92604 and 92614.





<a href="http://photobucket.com" target="_blank"><img src="http://i220.photobucket.com/albums/dd320/daraghos/200708.18Irvinehomepricehistory.jpg" border="0" alt="Photo Sharing and Video Hosting at Photobucket"></a>





http://i220.photobucket.com/albums/dd320/daraghos/200708.18Irvinehomepricehistory.jpg





Can you tell us a little bit about it, PR. Do larger circles mean more sales within a particular range? Thanks Again, ISB.





(Oh, btw, to post I'm sorry I can't get the thing to post! Just use the link)
 
<p>Thx, ISB and Effen. (BTW, I abbreviate even more than ISB, Jan.) </p>

<p>Yes, Trooper, the blue dots are 92614, and the maroon are 92604. (Per barely visible legend on the right.)</p>

<p>Your guess is correct, ISB, the size of the dots represents the number of sales in a month. Until mid-2004, prices just march up steadily. From mid-2004 to 1q2005, things flatten out. (Would that be until loan standards were 'freed up' some more?) But from 1q2005 on, although prices are rising overall, the pattern is more like a drunken sailor than a sober soldier. It seems that price levels are more fragile. People are not as sure that the right price is 2% more than last month's price. </p>

<p>It's not until mid-2006 that the downturn begins. And even then the prices are now so scattered that it's only obvious in retrospect, looking at the hook that the scattershot creates. Clearly people are now finding it even more difficult to know the 'right' price.</p>

<p>It will be interesting to see if the scattered pattern persists through the downturn, with people constantly struggling to understand what the trend is, or does the line get narrower as everyone starts subtracting X% from the prior month's prices to get today's price. Future historians, prepare your explanations!</p>

<p>Enjoy!</p>

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<p>Nice work, you can see the major trends and it seems like the buying price is falling not too far from the asking price. And of course the trends are going down. Anyways good luck</p>

<p>-bix</p>
 
I love graphs! This one is really interesting. I am wondering where do you gather that type of data? This question would apply to all type of data/graph people are posting around here.
 
<p><em>This question would apply to all type of data/graph people are posting around here. </em></p>

<p>I steal them from other blogs/sites. I have yet to assemble by own graph (I've never needed to do so). </p>
 
<p>Roo,</p>

<p>My source is Melissa, at <a href="http://www.melissadata.com/lists/ezlists/ezhomeowners.aspx">http://www.melissadata.com/lists/ezlists/ezhomeowners.aspx</a>. You can get any zip code you want.</p>

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