Sunday morning excursion, February 12, 2006

Yet another dog park excursion with the canine companion we borrow from our neighbors. Today was an unusually warm, very still day.

There are 3 condos in this complex at 1291 Swehtam. Unit A has an asking price of $969,000. Here are Zillow's current value estimates, along with available Domania/Zillow/tax assessor price history.

Zillow (as of Feb 17, 2006)     Value Range Estimate (as of Feb 17, 2006):
Unit A  $837,549   (2337 sq ft) $737,043 - $904,553
Unit B  $805,737   (2192 sq ft) $709,049 - $870,196
Unit C  $947,295   (2747 sq ft) $833,620 - $1,023,079

Sale price history:
Mar 04 Unit B  $639,006   (tax assessor)
Sep 02 Unit A  $529,000   (domania)
Aug 02 Unit B  $459,000   (domania)

3391 Swehtam is just a few doors down from the previous property. This is a townhouse. Asking price on Unit B is $889,000. The price history is not clear since Zip Realty says this property is brand-new, built in 2006. Zillow's price estimates, along with Zillow/Domania/tax assessor price history follows:

Zillow (as of Feb 17, 2006)  Value Range Estimate (as of Feb 17, 2006):
$709,247   (1950 sq ft)      $624,137 - $765,987

Sale price history:
Oct 04  $575,000
Jun 01  $295,000

8102 Nosibor has an asking price of $998,000. Original asking price when listed on Jan 1 was $1,150,000 and was cut on Jan 11 to $1,100,000. The asking price was cut again on Jan 14 to $998,000. So far that is a 13.2% reduction from original asking price, which is the first reduction from original asking price I've ever observed over 10%.

Zillow (as of Feb 17, 2006)  Value Range Estimate (as of Feb 17, 2006):
$830,676  (2100 sq ft)       $730,995 - $897,130

Sale price history:
Jun 96  $315,000