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Market Conditions in Winthrop : Real Estate Advice

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Activity 1
Mon May 17, 2010
Matt Heisler answered:
Neither report is definitive. Both reports use metrics which, when taken over a large span of time (6-18 months) and over a wide area (think counties as opposed to towns), can show the movement in prices. Fundamentally, the NAR report uses price medians, and Trulia uses mathematical comparisons based on public records, but both methods require high volumes of sales to filter through the "noise" that small areas or short time frames produce.

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Market Conditions in Winthrop Zip Codes