It does seem like a trend. Although i think i will need a years data to compare, to next years data to get an idea of seasonal swings.
Having the three layers gives me the most accurate idea of asking prices, and movement. All in the BD17 postcode.
What i have found interesting is the fluctuations, the total number fluctuates by +/- 5 properties on sale roughly every 14 days. But always seems to return to roughly around 330 total properties on sale (for the last 40 days). I can only assume this is the properties being taken down, re-priced then put up again. some properties go away for a few weeks then come back again. But obviously my data capture only sees the changes when the 0-130k, 130-175k or 175k+ barriers are broken (wish i had collected finer data points so i could of got finer data capture of the market changes)
At the moment the important thing is to gather the data.
i can get a 135k mortgage, but refuse to buy the crap housing stock at this level, houses start to get reasonable at 175k level, so i'm keen for it to drop to that level, i want a house that will not only suit my limited needs now, but my needs in 4-5 years time.
what i find funny, is that you see tiny one bed flats on sale for 125k yet you can buy a three bed house in the same area for 100k (the rare actual sales are the latter). You wonder what goes through the sellers minds.
Having spoken to estate local estate agents, they are getting increasingly frustrated by the sellers, the houses which are actually taking part of the market (the three bed 100k house) was obviously through the death of the previous owner (the decour).
lucky i am in my early 20's and unlike the older generation i think i can wait longer to buy than many of that generation can wait to sell.
On a septate note, large houses cost a lot to heat + energy prices rising + older generation, i wonder if we will get a cold winter this year.