Comments on: Redfin Adds Neighborhood $/Sq. Ft. and Inventory #’s

Comments on: Redfin Adds Neighborhood $/Sq. Ft. and Inventory #’s http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/ Thu, 11 Mar 2010 23:14:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Chris http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55760 Chris Fri, 15 Aug 2008 16:37:36 +0000 http://www.urbnlivn.com/?p=800#comment-55760 Nice work EconE. I think the concept, Matt, is really cool, but there is a ton of noise in the data. Also, because the sample size is so small, it touhg to clean any useful information - for example the spike in $/SF in Q. Anne in summer '07. That might have been due to sale at one project alone that happened to come on the market then....I think this ahs more value in areas where the sample is more uniform in terms of age, quality and size. Nice work EconE. I think the concept, Matt, is really cool, but there is a ton of noise in the data. Also, because the sample size is so small, it touhg to clean any useful information – for example the spike in $/SF in Q. Anne in summer ‘07. That might have been due to sale at one project alone that happened to come on the market then….I think this ahs more value in areas where the sample is more uniform in terms of age, quality and size.

]]> By: Colin http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55635 Colin Thu, 14 Aug 2008 09:26:49 +0000 http://www.urbnlivn.com/?p=800#comment-55635 Hi Galen: It may just be a matter of taste. On the main map page, I find Redfin's panel on the right a better way to see initial property data than the popups Estately uses. When I bring up a page for an individual property, Redfin puts all the key data plus the pictures in one screen (20 inch monitor in portrait mode); Estately needs yet another page for photos, plus the way it tries to make you "schedule a viewing" after the last pic is irritating. If you're in the habit of opening into background tabs Redfin is less clicking and scrolling. Both are great services in themselves and both are strong advertisements for what you all do. Are there ways to map comps? I imagine right-clicking a property and having comps show up on the map. I could also imagine ways to use colors, like temperature gradients, to indicate how fast inventory is moving by area. Hi Galen: It may just be a matter of taste. On the main map page, I find Redfin’s panel on the right a better way to see initial property data than the popups Estately uses. When I bring up a page for an individual property, Redfin puts all the key data plus the pictures in one screen (20 inch monitor in portrait mode); Estately needs yet another page for photos, plus the way it tries to make you “schedule a viewing” after the last pic is irritating. If you’re in the habit of opening into background tabs Redfin is less clicking and scrolling.

Both are great services in themselves and both are strong advertisements for what you all do.

Are there ways to map comps? I imagine right-clicking a property and having comps show up on the map. I could also imagine ways to use colors, like temperature gradients, to indicate how fast inventory is moving by area.

]]> By: Matt http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55619 Matt Thu, 14 Aug 2008 03:12:29 +0000 http://www.urbnlivn.com/?p=800#comment-55619 EconE, yeah no worries. Shot me the addresses to mail@mattgoyer.com or matt.goyer@redfin.com. Mike, yeah, I can't wait for us to do that. In the meantime I sometimes use Condo Compare for that. EconE, yeah no worries. Shot me the addresses to mail@mattgoyer.com or matt.goyer@redfin.com.

Mike, yeah, I can’t wait for us to do that. In the meantime I sometimes use Condo Compare for that.

]]> By: Mike http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55618 Mike Thu, 14 Aug 2008 03:10:28 +0000 http://www.urbnlivn.com/?p=800#comment-55618 Matt, I'll buy you a beer as soon as I can limit my search to a particular building / street address. It would also be way cool to have these same graphs you have here on a per building basis! Matt, I’ll buy you a beer as soon as I can limit my search to a particular building / street address. It would also be way cool to have these same graphs you have here on a per building basis!

]]> By: EconE http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55617 EconE Thu, 14 Aug 2008 02:44:49 +0000 http://www.urbnlivn.com/?p=800#comment-55617 P.S. I don't blame Redfin nor you Matt. I just have more time to find the discrepancies. P.S.

I don’t blame Redfin nor you Matt. I just have more time to find the discrepancies.

]]> By: EconE http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55615 EconE Thu, 14 Aug 2008 02:43:05 +0000 http://www.urbnlivn.com/?p=800#comment-55615 I tried posting some examples but both Tim's and your spam filter wouldn't let me post them. I tried posting some examples but both Tim’s and your spam filter wouldn’t let me post them.

]]> By: EconE http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55610 EconE Thu, 14 Aug 2008 02:32:23 +0000 http://www.urbnlivn.com/?p=800#comment-55610 purchase of two adjoining units counted as two separate $1.175mm sales. One sale listed as two. http://www.redfin.com/WA/Seattle/100-1st-Ave-S-98104/unit-16/home/28196 http://www.redfin.com/WA/Seattle/100-1st-Ave-S-98104/unit-15/home/1491 another purchase of two adjoining units plus two garage spots listed as four individual sales. units... http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-D10/home/9925 http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-C10/home/65576 parking spots... http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA19/home/10570 http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA32/home/68686 $4273 psf for those parking spots. Nope...that doesn't skew anything. ;o) more double units... http://www.redfin.com/WA/Seattle/1024-E-Pike-St-98122/unit-307/home/11769 http://www.redfin.com/WA/Seattle/1024-E-Pike-St-98122/unit-308/home/11770 another ??? http://www.redfin.com/WA/Seattle/2112-3rd-Ave-98121/unit-300/home/12306003 Not blaming Redfin...but do you see what I mean? unit + garage... http://www.redfin.com/WA/Seattle/75-S-Main-St-98104/unit-301/home/42843 http://www.redfin.com/WA/Seattle/75-S-Main-St-98104/unit-P-9/home/24150 unit + parking + storage... http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-1002/home/4225 http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-P-30/home/70822 http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-S93/home/32585 don't know what this one is...but it's not a condo. http://www.redfin.com/WA/Seattle/515-1st-Ave-W-98119/unit-COM/home/71961 another head scratcher... http://www.redfin.com/WA/Seattle/1916-N-46th-St-98103/home/117358 Lord only knows what this one is... http://www.redfin.com/WA/Seattle/3824-Ashworth-Ave-N-98103/home/120246 double unit... http://www.redfin.com/WA/Seattle/80-S-Jackson-St-98104/unit-204/home/39873 http://www.redfin.com/WA/Seattle/80-S-Jackson-St-98104/unit-206/home/39875 unit + two garage spots... http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-PHA/home/61201 http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA25/home/68679 http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA24/home/51457 more head scratchers... http://www.redfin.com/WA/Seattle/402-30th-Ave-E-98112/home/146943 http://www.redfin.com/WA/Seattle/404-30th-Ave-E-98112/home/147137 another unit + a $7773/psf parking spot http://www.redfin.com/WA/Seattle/80-Vine-St-98121/unit-203/home/33847 http://www.redfin.com/WA/Seattle/80-Vine-St-98121/unit-P9/home/51973 a $2,345,586 1970's 722 sf 1BR... http://www.redfin.com/WA/Seattle/750-N-143rd-St-98133/unit-108/home/12304608 purchase of two adjoining units counted as two separate $1.175mm sales. One sale listed as two.

http://www.redfin.com/WA/Seattle/100-1st-Ave-S-98104/unit-16/home/28196
http://www.redfin.com/WA/Seattle/100-1st-Ave-S-98104/unit-15/home/1491

another purchase of two adjoining units plus two garage spots listed as four individual sales.

units…

http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-D10/home/9925
http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-C10/home/65576

parking spots…

http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA19/home/10570
http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA32/home/68686

$4273 psf for those parking spots. Nope…that doesn’t skew anything. ;o)

more double units…

http://www.redfin.com/WA/Seattle/1024-E-Pike-St-98122/unit-307/home/11769
http://www.redfin.com/WA/Seattle/1024-E-Pike-St-98122/unit-308/home/11770

another ???

http://www.redfin.com/WA/Seattle/2112-3rd-Ave-98121/unit-300/home/12306003

Not blaming Redfin…but do you see what I mean?

unit + garage…

http://www.redfin.com/WA/Seattle/75-S-Main-St-98104/unit-301/home/42843
http://www.redfin.com/WA/Seattle/75-S-Main-St-98104/unit-P-9/home/24150

unit + parking + storage…

http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-1002/home/4225
http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-P-30/home/70822
http://www.redfin.com/WA/Seattle/2100-3rd-Ave-98121/unit-S93/home/32585

don’t know what this one is…but it’s not a condo.

http://www.redfin.com/WA/Seattle/515-1st-Ave-W-98119/unit-COM/home/71961

another head scratcher…

http://www.redfin.com/WA/Seattle/1916-N-46th-St-98103/home/117358

Lord only knows what this one is…

http://www.redfin.com/WA/Seattle/3824-Ashworth-Ave-N-98103/home/120246

double unit…

http://www.redfin.com/WA/Seattle/80-S-Jackson-St-98104/unit-204/home/39873
http://www.redfin.com/WA/Seattle/80-S-Jackson-St-98104/unit-206/home/39875

unit + two garage spots…

http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-PHA/home/61201
http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA25/home/68679
http://www.redfin.com/WA/Seattle/601-Belmont-Ave-E-98102/unit-GA24/home/51457

more head scratchers…

http://www.redfin.com/WA/Seattle/402-30th-Ave-E-98112/home/146943
http://www.redfin.com/WA/Seattle/404-30th-Ave-E-98112/home/147137

another unit + a $7773/psf parking spot

http://www.redfin.com/WA/Seattle/80-Vine-St-98121/unit-203/home/33847
http://www.redfin.com/WA/Seattle/80-Vine-St-98121/unit-P9/home/51973

a $2,345,586 1970’s 722 sf 1BR…

http://www.redfin.com/WA/Seattle/750-N-143rd-St-98133/unit-108/home/12304608

]]> By: Matt http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55592 Matt Thu, 14 Aug 2008 01:49:13 +0000 http://www.urbnlivn.com/?p=800#comment-55592 Now if only you guys would add some forums so we could spy on what your customers are saying about you :). Now if only you guys would add some forums so we could spy on what your customers are saying about you :).

]]> By: Galen http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55588 Galen Thu, 14 Aug 2008 01:08:12 +0000 http://www.urbnlivn.com/?p=800#comment-55588 Just trying to get feedback half as well as you do Matt! Just trying to get feedback half as well as you do Matt!

]]> By: Matt http://www.urbnlivn.com/2008/08/13/redfin-adds-neighborhood-pages/comment-page-1/#comment-55586 Matt Thu, 14 Aug 2008 00:52:36 +0000 http://www.urbnlivn.com/?p=800#comment-55586 @Galen :) @Galen :)

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