BWV sale prices May 2013

[dmunsil]

These are all the Boardwalk Villas third-party sales recorded during the month of May, re-sorted by the date written on the deed, which is usually closer to when ROFR was waived. You could expect that the actual price was negotiated 3-4 weeks earlier. So this is lagging by about 2 months.

Sales
Date    Points  UY      Sale PPP
16-Jan  156     Mar      $10.90 
18-Apr  125     Dec      $60.00 
18-Apr  25      Dec      $64.00 
22-Apr  200     Oct      $72.50 
23-Apr  25      Sep      $80.00 
26-Apr  300     Oct      $61.00 
27-Apr  300     Dec      $62.00 
28-Apr  200     Aug      $69.00 
1-May   150     Oct      $65.33 
2-May   270     Oct      $62.22 
3-May   300     Feb      $60.00 
5-May   225     Apr      $63.11 
6-May   150     Sep      $60.00 
6-May   100     Sep      $65.00 
8-May   150     mar      $65.33 
9-May   25      Mar      $84.00 
9-May   65      Mar      $83.08 
10-May  150     Dec      $78.00 
13-May  150     Jun      $73.33 
14-May  200     Sep      $70.00 
18-May  400     Feb      $81.00 
20-May  150     Dec      $72.00 
22-May  50      Aug      $74.00 
22-May  150     Aug      $69.33 
28-May  30      Dec      $80.00 
                        
ROFR                        
Date    Points  UY      Sale PPP
27-Mar  222     Feb      $55.41 
5-Apr   150     Jun      $60.00 
15-Apr  150     Jun      $65.33 
16-Apr  150     Mar      $64.00 
19-Apr  150     Dec      $62.00 
22-Apr  150     Sep      $67.33 
25-Apr  200     Feb      $65.00 
25-Apr  222     Dec      $64.41 
30-Apr  150     Aug      $60.00

One unusual sale at the very top - the transaction was one couple quit-claiming their half of a sale they had bought several years before with another couple who live in the same town. Probably a good story there. They didn't get a ROFR waiver, or at least didn't file one. I wonder if that'll cause them grief when the final couple gets ready to sell? Anyway, I didn't include that one in the median calculation.

Median sale price was $69. Median ROFR price was $64.

 

[dbs1228]

Okay they must be lagging the 200 point contract at 65.00PP was taken in April but it was an Oct UY and is not on the chart yet the one taken in Mar 222 points is on your list. There should actually be 2 - 200 point Oct UY contracts taken days apart same seller one for 65.00 and the other 64.00. I also know around the same time there were several contracts taken at 68.00 - 69.00PP.

This is interesting!

 

[dmunsil]

There should actually be 2 - 200 point Oct UY contracts taken days apart same seller one for 65.00 and the other 64.00. I also know around the same time there were several contracts taken at 68.00 - 69.00PP.

Ah, I see the ones you're talking about in June - they were recorded on June 4th. Same seller, October use year, 200 points each, $64 and $65. Yup.

The sellers bought those two parcels almost exactly 13 years ago in 2000 for...$65 per point.

I see that kind of thing a lot, actually, where the sale price is exactly or nearly the original purchase price. People often are psychologically tied to their purchase price and don't want to go any lower.

 

[agie65]

These are all the Boardwalk Villas third-party sales recorded during the month of May, re-sorted by the date written on the deed, which is usually closer to when ROFR was waived. You could expect that the actual price was negotiated 3-4 weeks earlier. So this is lagging by about 2 months.

Sales
Date Points UY Sale PPP
16-Jan 156 Mar $10.90
18-Apr 125 Dec $60.00
18-Apr 25 Dec $64.00
22-Apr 200 Oct $72.50
23-Apr 25 Sep $80.00
26-Apr 300 Oct $61.00
27-Apr 300 Dec $62.00
28-Apr 200 Aug $69.00
1-May 150 Oct $65.33
2-May 270 Oct $62.22
3-May 300 Feb $60.00
5-May 225 Apr $63.11
6-May 150 Sep $60.00
6-May 100 Sep $65.00
8-May 150 mar $65.33
9-May 25 Mar $84.00
9-May 65 Mar $83.08
10-May 150 Dec $78.00
13-May 150 Jun $73.33
14-May 200 Sep $70.00
18-May 400 Feb $81.00
20-May 150 Dec $72.00
22-May 50 Aug $74.00
22-May 150 Aug $69.33
28-May 30 Dec $80.00

ROFR
Date Points UY Sale PPP
27-Mar 222 Feb $55.41
5-Apr 150 Jun $60.00
15-Apr 150 Jun $65.33
16-Apr 150 Mar $64.00
19-Apr 150 Dec $62.00
22-Apr 150 Sep $67.33
25-Apr 200 Feb $65.00
25-Apr 222 Dec $64.41
30-Apr 150 Aug $60.00

One unusual sale at the very top - the transaction was one couple quit-claiming their half of a sale they had bought several years before with another couple who live in the same town. Probably a good story there. They didn't get a ROFR waiver, or at least didn't file one. I wonder if that'll cause them grief when the final couple gets ready to sell? Anyway, I didn't include that one in the median calculation.

Median sale price was $69. Median ROFR price was $64.

For collecting a median price did you take the data from those small point contracts? If you did I do not thing that will represent a real buy median price.

 

[jimmytammy]

This helps our chances of ROFR as our offer was in the median range of sales going through!