{"id":423,"date":"2011-12-13T13:58:25","date_gmt":"2011-12-13T18:58:25","guid":{"rendered":"http:\/\/new.jpfco.com\/dir\/?p=423"},"modified":"2013-07-23T12:43:06","modified_gmt":"2013-07-23T12:43:06","slug":"couldve-been-better-couldve-been-worse","status":"publish","type":"post","link":"https:\/\/www.jpfco.com\/dir\/couldve-been-better-couldve-been-worse\/","title":{"rendered":"Could&#8217;ve been better, Could&#8217;ve been worse"},"content":{"rendered":"<p>Although the year is not over, we have a pretty clear picture of how the overall market is going to end up.  All things considered, not bad.<\/p>\n<p>According to LINK,<br \/>\nFor the period 1\/1\/11-11\/30\/11<br \/>\n-total volume was just under $481mm from 355 transactions<br \/>\n-average sale price was just over $1.57mm<br \/>\n-median sale price was just under $1.04mm<br \/>\n-average days on market was 255<br \/>\nFor the period 1\/1\/10-11\/30\/10<br \/>\n-total volume was just over $610mm from 323 transactions<br \/>\n-average sale price was just under $1.89mm<br \/>\n-median sale price was $1.07mm<br \/>\n-average days on market was 251<\/p>\n<p>The wide discrepancy between the total volume numbers is mainly because this period in 2011 had three 8-figure sales and this period in 2010 had eight 8-figure sales , which accounted for a little over $100mm in extra volume for 2010.  What is encouraging is the median prices and days on market stayed roughly the same, which makes me believe that 2011 followed 2010&#8217;s trend of laying a bottom to the real estate market.  There are still a lot of buyers on the sidelines that will jump in at any sign of the chaos in the world settling, which will give a nice bump to the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although the year is not over, we have a pretty clear picture of how the overall market is going to end up. All things considered,&hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-423","post","type-post","status-publish","format-standard","hentry","category-real-estate-news"],"_links":{"self":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/comments?post=423"}],"version-history":[{"count":0,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/posts\/423\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/media?parent=423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/categories?post=423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jpfco.com\/dir\/wp-json\/wp\/v2\/tags?post=423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}