Place to show stuff
This a website for me to show stuff. Pictures, data... and stuff.
Thursday, March 09, 2006
Saturday, February 11, 2006
South san jose real estate trends

Here is price per sqare-foot data for 5-year-old 2 br/2.5 ba townhomes located on "communication hill" in s. san jose. Horizontal axis is the date the sale was made. The two models included in the data are 1057- and 1104-sq-ft in size, and are typical mediterranean-stucco-on-foam style (representing Irvine, CA's most ubiquitous export...with the possible exception of crap mortgages). They are located on a small hill and offer sweeping views of beauuuu-tiful south san jose.
Note that one stand-up person did us the favor of distinctly marking the peak of the market (Hint: look for >$550/sq-ft). This was in mid-June of 2005. Price is trending lower since then. Is this merely a local maxima? Or will it mark a global peak?
Where will the Spring take us?



