And Maybe Another good sign?
Posted 04-05-2009 at 11:01 PM by olecapt
Sun City Summerlin is a somewhat differentiated neighborhood so good news there may be pretty local. So lets take a look at the remainder of 89134. That is basically the original Summerlin operation with the other segments coming later. Our chart covers just over 1850 sales since 2003.
[IMG]http://www.donohueteam.com/Realtor/NSummnoSC.jpg[/IMG]
We get a very similar picture to Sun City. Starts lower, peaks a little higher and later but shows some stability of the last few months.
Contrast either of this with Mountain's Edge which showed an acceleration decrease in price.
Have to add a Silverstone or 89131 to the set. See if we now have two kinds of neighborhoods...one stabilizing the other diving down harder.
[IMG]http://www.donohueteam.com/Realtor/NSummnoSC.jpg[/IMG]
We get a very similar picture to Sun City. Starts lower, peaks a little higher and later but shows some stability of the last few months.
Contrast either of this with Mountain's Edge which showed an acceleration decrease in price.
Have to add a Silverstone or 89131 to the set. See if we now have two kinds of neighborhoods...one stabilizing the other diving down harder.
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