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Market Research Group

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The spreadsheet we kept for three months

We kept a spreadsheet for three months, one row per flat, asking price on the left and what it finally sold for on the right. Twelve rows in, the gap stopped looking random and started looking like a pattern by street.

Two streets in the same town behave nothing alike. On one of them the asking price holds and the flat is gone in a fortnight. On the other the price drops twice and the flat still sits there in the autumn.

What the spreadsheet could not tell me was which listings were still real. We cross-check against https://alegria-realestate.com/ now, because the dates there show whether a flat is alive or has been sitting since spring.

We are buying in the spring, so the rows keep piling up until then.

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