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Old 10-29-2010, 03:45 PM
 
Location: 27609
525 posts, read 1,113,093 times
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OH WAIT IT has gone up to 3.3 million now. My neighbors' houses are worth 180k and 182k on either side of me. LOL
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Old 10-29-2010, 04:25 PM
 
Location: Cary, NC
31,592 posts, read 55,295,005 times
Reputation: 30150
Quote:
Originally Posted by boocake View Post
OH WAIT IT has gone up to 3.3 million now. My neighbors' houses are worth 180k and 182k on either side of me. LOL

To quote that great real estate guru, Larry the Cable Guy:

"I don't care where you're from. That's funny."
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Old 10-29-2010, 08:16 PM
 
1,225 posts, read 3,617,347 times
Reputation: 1029
Quote:
Originally Posted by boocake View Post
OH WAIT IT has gone up to 3.3 million now. My neighbors' houses are worth 180k and 182k on either side of me. LOL
Ummm, I think you over-improved for your neighborhood just a touch!
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Old 10-30-2010, 08:37 AM
 
29 posts, read 26,711 times
Reputation: 20
Quote:
Originally Posted by Athletic Supporter View Post
I've seen just from driving around my own neighborhood that homes in the area are spending MONTHS on the market, is there an easy way to check what the average # of days on the market is for a particular zip code or city or otherwise defined area?
Halfway considering leaving the area and am scared to death at the prospect of trying to sell right now.

I wonder why none of the real estate agents are answering your question for everyone to see? They do have the answer and they could easily post it.
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Old 10-30-2010, 09:21 AM
 
Location: Cary, NC
31,592 posts, read 55,295,005 times
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Quote:
Originally Posted by PS3streamer View Post
I wonder why none of the real estate agents are answering your question for everyone to see? They do have the answer and they could easily post it.
First response from zman gave the answer:

Quote:
Originally Posted by zthatzmanz28 View Post
Ask a realtor. They would have all the data related to selling times, price and ect...
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Old 10-30-2010, 09:42 AM
 
29 posts, read 26,711 times
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Quote:
Originally Posted by MikeJaquish View Post
First response from zman gave the answer:
That part I understand. I just thought it would be helpful to post where to find the information other than just having to hire someone to tell you. I seem to recall seeing some average DOM information for towns but I don't know if it was broken down to zip codes or even better down to neighborhoods.
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Old 10-30-2010, 10:00 AM
 
Location: Cary, NC
31,592 posts, read 55,295,005 times
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Quote:
Originally Posted by PS3streamer View Post
That part I understand. I just thought it would be helpful to post where to find the information other than just having to hire someone to tell you. I seem to recall seeing some average DOM information for towns but I don't know if it was broken down to zip codes or even better down to neighborhoods.

Zip Code and City are not helpful in determining whether or not to sell. They are too broad.
DOM and LADOM are a lot more helpful when developed for more specific location and when focused on a specific price range.

There is a great variety in Raleigh homes in any of the Zip Codes;

Free USPS Lookup and Boundary Map

When you see the area covered by a Zip Code, you can see how misleading a Zip Code data set for housing values and sales can be. The OP is talking about a serious consideration and decision and deserves the best data he can access.

And, yes, the OP asked about "otherwise defined area." There is not a lot of publicly available easily accessed data, I think.
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Old 10-30-2010, 10:09 AM
 
29 posts, read 26,711 times
Reputation: 20
Quote:
Originally Posted by MikeJaquish View Post
Zip Code and City are not helpful in determining whether or not to sell. They are too broad.
DOM and LADOM are a lot more helpful when developed for more specific location and when focused on a specific price range.

There is a great variety in Raleigh homes in any of the Zip Codes;

Free USPS Lookup and Boundary Map

When you see the area covered by a Zip Code, you can see how misleading a Zip Code data set for housing values and sales can be. The OP is talking about a serious consideration and decision and deserves the best data he can access.

And, yes, the OP asked about "otherwise defined area." There is not a lot of publicly available easily accessed data, I think.
I completely agree with this assessment which is why I said

Quote:
Originally Posted by PS3streamer View Post
or even better down to neighborhoods.
Other than hiring someone to provide this information, where can the average person look up the average DOM in various breakdowns?
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Old 10-30-2010, 10:18 AM
 
Location: Cary, NC
31,592 posts, read 55,295,005 times
Reputation: 30150
Quote:
Originally Posted by PS3streamer View Post
I completely agree with this assessment which is why I said


Other than "hiring" someone to provide this information, where can the average person look up the average DOM in various breakdowns?
Without confusing the issue, i.e., clouding it with the thought of hiring anyone, the OP could ask a Realtor, just exactly as zman said in Comment #2.

DOM/LADOM is a Realtor generated and maintained parameter. Realtors have more and better data on that than anyone else.

If the OP is thinking of leaving the area, including possibly selling a home, DOM/LADOM is just one parameter to consider and a broad approach and consultation may be in order, and would be available from countless agents at no charge.
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