RSS icon Email icon Bullet (black)
  • Harvard-Yale 1st quarter 2010 real estate sales

    Posted on May 29th, 2010 admin No comments

    Median price is now $415,000.

    I used the traditional Harvard-Yale geographic boundaries of 800 South to 1300 South and 1300 East to Foothill.  Not exactly recession proof but pretty solid gains given all the end-of-the-world hype.

    Not bad.  Some Salt Lake neighborhoods are holding their own.
    Harvard-Yale 1st qt 2009-2010
    Harvard-Yale 1st qt 1996-2010

  • Federal Heights 1st quarter 2010 real estate sales

    Posted on May 29th, 2010 admin No comments

    Median price of $517,000.

    $1.1M to $500K in three years. Ouch!  Graphs can be a bit simplistic, but still…

    No sales in the first quarter of 2009 gives a bit of a misleading  data point.  Federal Heights is considered a high end neighborhood and the mean value of homes shows accordingly.
    Federal Heights 1st qt 2009-2010
    Federal Heights 1st qt 1996-2010

  • Capitol Hill 1st quarter 2010 real estate sales

    Posted on May 29th, 2010 admin No comments

    Median price of $187,000.

    This is another neighborhood that just has too few sales in the last year to get a firm hold on a trend.  It is however a bellwether location to watch.  My neighborhood boundaries tend to the conservative side using 300 West as a western edge.  Lots of potential for walkable commercial area when the economy improves.  The new neighborhood bar (Jam), restaurant Em’s and the Marmalade Cafe helps give it a vibrant feel.

    A classic example of why we shouldn’t make assumptions from raw statistics.  This graph makes it look like home values in Capitol Hill swung wildly from year to year.  I assure you, that was not so.  What we want to look at here is the interpolation between the data points for the long term trend.  And that trend wasn’t too bad.
    Capitol Hill 1st qt 2009-2010
    Capitol Hill 1st qt 1996-2010