{"id":25697,"date":"2013-02-22T11:00:43","date_gmt":"2013-02-22T19:00:43","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=25697"},"modified":"2013-02-22T11:02:11","modified_gmt":"2013-02-22T19:02:11","slug":"guess-the-price-round-4-we-have-a-winner","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/02\/22\/guess-the-price-round-4-we-have-a-winner\/","title":{"rendered":"Guess the Price Round 4: We Have a Winner!"},"content":{"rendered":"

Recall the price-guessing contest posted to these pages on July 24th: Guess the Price Round 4: Time for a Rerun<\/a><\/p>\n

\"3215<\/a>Today’s “Guess the Price” guest star is likely to be familiar to many of you… because it was the star of our very first Guess the Price contest just a year and a half ago<\/a>. That’s right, barely over a year after finally selling for $290,000, 3215 Kromer Ave in Everett<\/a> is back on the market. According to an agent friend of mine (not a Redfin coworker), last year’s buyers are being “forced” to sell due to a job transfer.<\/p>\n

This time around we’re starting with an asking price of $334,900<\/strong>.<\/p><\/blockquote>\n

We had 18 guesses in the contest before it closed, with prices ranging from $250,000 to $338,001. The average price guessed was $313,433, and the median guess was $316,500. Here’s the plot of all the guesses, with the final close price & date marked in green:<\/p>\n

\"Price<\/div>\n

According to the NWMLS, the home sold yesterday (after a total of 216 days on market), with a closing price of $285,000<\/strong>—just $5,000 below the price guessed by commenter nize<\/a>. Congratulations! I’ll be contacting nize privately to arrange receipt of his prize.<\/p>\n

The final sale price came in 15% lower than the original asking price, and 1.7% lower than what this house sold for in May 2011.<\/p>\n

Here’s the difference between the average guess and the final sale price our contests so far:<\/p>\n

    \n
  1. -2.2%<\/li>\n
  2. +5.5%<\/li>\n
  3. -10.5%<\/li>\n
  4. +10.0%<\/li>\n<\/ol>\n

    Stay tuned in the next few weeks, when we’ll kick off another round of Guess the Price.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Recall the price-guessing contest posted to these pages on July 24th: Guess the Price Round 4: Time for a Rerun Today’s “Guess the Price” guest star is likely to be familiar to many of you… because it was the star of our very first Guess the Price contest just a year and a half ago….<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[145,556,734,735],"coauthors":[],"class_list":["post-25697","post","type-post","status-publish","format-standard","hentry","category-features","tag-appraisal","tag-contest","tag-game","tag-guess-the-price"],"yoast_head":"\nGuess the Price Round 4: We Have a Winner! 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