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Redfin Real Estate Forums :
Chicago :
Re: Data Problems Again
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Data Problems Again
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rainstorm26
Contributor
Posts: 11
Registered: 04-23-2009
Message 1 of 5
Viewed 349 times
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Homes for Sale 
Sept trends:
inventory up 8% vs. Aug
inventory down 9% vs. last year
I just copied this information from the web site. Some how I don't think inventories are down 9% from last year.
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10-02-2009 01:41 PM
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Re: Data Problems Again
[ Edited ]
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Greg-Whelan
Regular Visitor
Posts: 6
Registered: 03-02-2009
Message 2 of 5
Viewed 295 times
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Hi Rainstorm26, I don't know what specific filters you had in place to derive that data, however, across the entire MLS my data indicates an even greater reduction of inventory year over year. This could be explained in part by fewer new housing starts, a temporary moratorium on home foreclosure and on-the-fence buyers seeking to take advantage of the first time home buyer tax credit. Message Edited by Greg-Whelan on 10-04-2009 05:01 PM
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10-04-2009 05:00 PM
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Re: Data Problems Again
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rainstorm26
Contributor
Posts: 11
Registered: 04-23-2009
Message 3 of 5
Viewed 285 times
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I just took this off the web site with almost no filters on my search for Chicago. Please tell me how the graph can be correct if the inventory is down 16% YOY. Chicago HomesHomes for Sale
 Sept trends:
inventory up 11% vs. Aug
inventory down 16% vs. last year
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10-04-2009 06:46 PM
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Re: Data Problems Again
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AndyTaylor
Redfin Staff
Posts: 4
Registered: 09-14-2009
Message 4 of 5
Viewed 264 times
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Hello - thanks for pointing out this data issue. We recently cleaned up a number of our long-term aggregates across the board, causing a mismatch between some of our older, cached, monthly and yearly data, and the graphs you are seeing. We're re-running our aggregate calculations across the board right now, and all should line up within the next day or so. Thank you for the post, and let me know if you see anything else. Andy
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10-05-2009 12:41 PM
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Re: Data Problems Again
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rainstorm26
Contributor
Posts: 11
Registered: 04-23-2009
Message 5 of 5
Viewed 229 times
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Hi Greg, So now I am really confused. You mention multiple reasons for why the inventories should be down, but now with the data supposedly fixed, it shows a massive increae in inventories. I don't get it. Thanks Homes for Sale  Sept trends:- inventory up 9% vs. Aug
- inventory up 65% vs. last year
- sale-to-list at 94%
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10-07-2009 07:18 PM
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