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Original thread:
Post 10,771 made on Thursday March 24, 2016 at 19:38
Mario
Loyal Member
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November 2006
5,681
Buddy of mine is moving from NM to OR.
Sold his house in 5 hours.
Got asking price. Said he was the most expensive house per Sq/Ft in the area.
[Link: realtor.com]

My other friend moved from NM to AZ.
House has been sitting on the market since Sept or Oct.
[Link: realtor.com]

Apparently houses that sell for 200-250k go like crazy (in like 10 to 1 ratio); once 300k and up, not so much. My buddy is selling his for 340k.


Crazy thing is that one house sold in 5Hr with $139/SqFt, while the other that can't sell is only $3/SqFt more at $142/SqFt.

Location is the other difference, but houses in both area have a median price to support each pricepoint.


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