http://www.amybergquist.com/blog/2009/04/06/a-close-look-at-glastonbury-data/ News and views about real estate in Greater Hartford Thu, 09 Feb 2012 18:10:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.amybergquist.com/blog/2009/04/06/a-close-look-at-glastonbury-data/#comment-466 Eric Tue, 07 Apr 2009 02:46:18 +0000 http://www.amybergquist.com/blog/?p=2356#comment-466 Great points. There is an excellent discussion here, by Stan Humphries at Zillow: http://www.zillow.com/blog/debunking-the-median-sale-price/2008/03/. Their repeat sales index is a well-regarded way of eliminating composition biases, like Case-Shiller. Prices in Glastonbury, like West Hartford, are only down 2-5% in the last year, when you remove the bias. Compare to the county (-10%) and state (-14%). Great points. There is an excellent discussion here, by Stan Humphries at Zillow: http://www.zillow.com/blog/debunking-the-median-sale-price/2008/03/. Their repeat sales index is a well-regarded way of eliminating composition biases, like Case-Shiller. Prices in Glastonbury, like West Hartford, are only down 2-5% in the last year, when you remove the bias. Compare to the county (-10%) and state (-14%).

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