I am looking for a way to trend real estate values by
region....ie...utah park city or..philadelphia suburbs - montgomery
county....southern New Jersey beaches etc....I see a lot of sites that
allow you to search a particluar transaction or sale price but nothing
that gives you a range of sale prices over time in a particluar region
...can yo help?? |
Request for Question Clarification by
pafalafa-ga
on
06 Apr 2005 09:18 PDT
Joe,
The US government produces a quarterly index of housing prices that
may meet your needs. However, there are some limits to the
information you should be aware of upfront:
--it's an index (percent change), rather than actual price information
--it covers states and cities, but won't provide information on each
and every locality that might be of interest to you, nor does it have
county-level information.
For instance, the index shows that prices in the Philadelphia area
have trended as follows:
Increase in the past year: 14.12%
Increase in the last quarter of 2004: 1.13%
Increase in the past 5 years: 61.32%
The trends in Philadelphia are available back to 1976, if such a long
history is of interest to you.
A few cities in Utah are listed (Ogden, Logan, Salt Lake) but I didn't
see a Utah Park city anywhere.
Let me know if this would be of interest to you as an answer to your question.
pafalafa-ga
|
Clarification of Question by
joe6660-ga
on
06 Apr 2005 10:00 PDT
this would be of interest, so send me how to get access to this
info....but I would like to see if any thing similar is available on a
commercial not necessarily a governmental basis...i am thinking the
commercially available info might be a little more useful...also
specifically i am looking for real estate values / tranaction prices
for Sea Isle City, Avalon and North Wildwood and Wildwood Crest all in
NJ as well as Park City Utah
Hope this helps
Joe
|
Request for Question Clarification by
pafalafa-ga
on
06 Apr 2005 11:47 PDT
Hello Joe,
Before I give you the link to the national database I mentioned, I
just want to make sure I can provide information that fully answers
your question.
There is, in fact, a commercial source of information that has the
numbers you need, but unfortunately, it is only available to real
estate professionals, and then, usually only on a local-area or
statewide basis.
However, some state real estate associations do collect and make
publicly available local-level statistics. I didn't see any for Utah,
but for New Jersey some fairly detailed reports are available, mostly
at a county level, as well as for some regions in the state.
For instance, housing price trends between 2003 and 2004 for the South
Jersey Shore were reported as:
Median housing price............Number houses sold
2003 -- $172,000................1,276
2004 -- $216,500................1,246
25.7% increase in housing prices, for the South Jersey shore.
The data are available back to 2001.
Would the national indexed data -- along with the more detailed NJ
data -- meet your needs as an answer to your question?
Let me know.
pafalafa-ga
|
Clarification of Question by
joe6660-ga
on
07 Apr 2005 04:36 PDT
yes the national indexed data -- along with the more detailed NJ
data will meet my needs for now...
also one last question...can i just get recorded sale pricing
publicly? i was thinking of getting a download or editing cutting and
pasting into excel and then filtering manually for the specific info i
was looking for...anything you have again at least on a county level
but preferably by township...along with the two links suggested
above.( total of 3 sources) will answer my questions...
|
Request for Question Clarification by
pafalafa-ga
on
07 Apr 2005 07:38 PDT
Joe,
We're close to an answer...but not quite there yet.
You asked:
>>...also one last question...can i just get recorded sale pricing
publicly...<<
This sort of information is SOMETIMES available, but it depends in
large measure on where, exactly, you want the information for. If you
give me the names of two or three counties of interest, I can try to
find if local information is available.
As a general rule, access to house price info is very variable from
place to place, so it's better to specify exactly where you want the
information for, than to ask, generically, if such information might
be accessible.
Looking forward to hearing back from you.
paf
|
Request for Question Clarification by
pafalafa-ga
on
07 Apr 2005 07:52 PDT
By the way, you CAN get asking prices of homes for sale anywhere in the US.
This is obviously different that getting info on actual sale prices,
but as it's easier to get the "for sale" asking price, I thought it
worthwhile pointing this out.
paf
|
Clarification of Question by
joe6660-ga
on
07 Apr 2005 09:03 PDT
OK Cape May, atlantic and ocean counties in NJ..( Sea Isle City,
Avalon, Ocean City, North Wildwood, Wildwood Crest, Cape May, Beach
Haven, Surf City,) are some towns of specific interest if that helps.
In Utah, Wasatch County, park city
|
Joe,
Thanks for hanging in there with me as we sorted out how to proceed on
this one. Hopefully, I can wrap up the available information into a
neat package that you'll be able to make good use of.
However, if anything about my answer strikes you as unclear or
incomplete, please don't rate it until you feel you have everything
you need. Just post a Request for Clarification to let me know how I
can assist you, and I'm at your service.
For starters, the federal indexes of housing prices that I mentioned
can be accessed here:
http://www.ofheo.gov/media/pdf/4q04hpi.pdf
Office of Federal Housing Enterprise Oversight (OFHEO)
March 1, 2005
OFHEO HOUSE PRICE INDEX
The beginning of the document is mostly focused on state-wide
statistics, but starting on page 21, there is a lot of information
about the change in housing prices in cities and areas around cities.
Statistics for NJ include Atlantic City and Ocean City. A number of
areas in Utah are listed as well.
==========
More detailed information for NJ can be found at the site of the New
Jersey Association of Realtors, who consolidate home sales information
for the state, and regularly publish reports on home prices which can
be found here:
http://www.njar.com/pressroom_statspub.shtml
New Jersey Association of REALTORS
Housing Statistics
The 2004-4th Quarter stats are here:
http://www.njar.com/2004Q4.pdf
and include detailed home price information for many communties
throughout the state, including:
Ocean County
Jersey Shore
Cape May
and the
South Jersey Shore
==========
The Utah Association of REALTORS maintains a similar page at:
http://www.utahrealtors.com/quarterly/mktrpts.htm
MARKET REPORTS
and their most recent report for 2004 is here:
http://www.utahrealtors.com/quarterly/year2004.htm
Year End 2004 Market Report
It includes information on the Park City Area:
Homes sold: 2003 -- 783 2004 -- 960 22.61% increase
Avg price: 2003 -- $477k 2004 -- $605k 26.83% increase
Information on earlier years are also available at the site.
==========
Lastly, there is the homes-for-sale price information that I mentioned.
Head to Yahoo Real Estate at:
http://realestate.yahoo.com/
and enter the locality of interest to you by zip, city name, etc.
This will pull up a list of houses for sale in that community...you
can see all houses for sale, or specify the number of bedrooms, baths,
etc.
http://saltlakecityogden.idx.4utahhomes.com/results.aspx?&VIP=Yahoo!+IDX&cc=realestate&fclose=n&newhome=n&za=and&fullnodeid=750007014&searchgeo=Park+City%2c+UT&searchtype=2&propertytype=1&sort=5&sortacdc=desc&firstrecord=0
There are 120 properties listed, such as this little hideaway:
69 White Pine Canyon Road, Park City, UT 84060
Bedrooms: 14 | Bathrooms: 22 | Sq Ft: 33,000
$25,000,000
I'm going to snap it up, if you don't!
Well, I hope these various information sources do the trick. But as I
said earlier, if there's anything else you need, just let me know.
All the best,
pafalafa-ga
search strategy: Mostly used bookmarked resources, although also
searched for [ Utah Association Realtors ] |
