Un supported adjustments

[J Grant]

Well, mathematically, the fact real estate is an imprecise market means small data sets can be and usually are distorted by the irregularity of the market. While seasonality is a given, are we expected to adjust down simply because of 2 or 3 sales in May? And overall, what's "accurate" - 1 week time change? One month? 3 months? six months? The more data the more you can smooth the trendline.

I would love to see all the seasonality price differences people talk about - we have seasonal use of properties here; however, they do not have noticeable seasonal effects on price -maybe some areas start the school year, but why else ?

This begs the question that in an area a season that has enough of a substantial price bump to matter, who is the well-informed and well-advised buyer acting prudently and in own best interestt - the person dumb enough to pay 10% more in season, or smart enough to wait 5 months and buy the same property out of season?

If prices are only slightly increased in season like 2-3% does it really matter?

 

[alebrewer]

I would love to see all the seasonality price differences people talk about

Flacco could hook you right up. Not sure why his market is SSSOOOO seasonal, but it's very easy to see the seasonality in the graphs he uploads here.