{"id":26604,"date":"2013-05-30T10:00:42","date_gmt":"2013-05-30T17:00:42","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=26604"},"modified":"2013-05-30T11:01:05","modified_gmt":"2013-05-30T18:01:05","slug":"guess-the-price-round-6-we-have-a-winner","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/","title":{"rendered":"Guess the Price Round 6: We Have a Winner!"},"content":{"rendered":"

Six weeks ago we launched our latest price-guessing contest: Guess the Price Round 6: "Ready to Shine" in Fremont<\/a>. Forty-two readers made guesses this round before the home went pending on April 16th.<\/p>\n

\"4214<\/a>Today’s “Guess the Price” guest star is 4214 Midvale Ave N<\/a> in Seattle’s Fremont neighborhood.<\/p>\n

This round’s home hit the market yesterday with an asking price of $415,000<\/strong>. This is not the first time it has been for sale in the last few years—it was originally listed in September 2011, had a couple of price drops, and was delisted in December 2011. The market today is quite a bit different than it was in late 2011, so I suspect they’ll have better luck this time.<\/p><\/blockquote>\n

Your guesses ranged from $405,000 to $486,000. The average price guessed was $439,283, and the median guess was $435,000. 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 on May 21 (just under six weeks after listing), with a closing price of $450,000<\/strong>. Oddly enough, nobody guessed exactly $450,000. However, two people were just $1,000 off—whynot guessed $451,000 and KC guessed $449,000—which makes this the first round to go to the tie-breaker of guessing closing date. Whynot guessed a closing date of 5\/10, while KC hit the nail on the head, guessing the closing date exactly right at 5\/21. Congratulations to KC!<\/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
  5. +2.8%<\/li>\n
  6. -2.4%<\/li>\n<\/ol>\n

    Not bad. Seattle Bubble guessers have been collectively within 5% of the sale price in half of our contests so far. That’s quite a bit better than Zillow’s stated accuracy<\/a> for the Seattle area, where their “Zestimates” are within 5% of the sale price just 33% of the time, and not even within 20% of the sale price 17% of the time.<\/p>\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":"

    Six weeks ago we launched our latest price-guessing contest: Guess the Price Round 6: "Ready to Shine" in Fremont. Forty-two readers made guesses this round before the home went pending on April 16th. Today’s “Guess the Price” guest star is 4214 Midvale Ave N in Seattle’s Fremont neighborhood. This round’s home hit the market yesterday…<\/p>\n","protected":false},"author":2,"featured_media":26606,"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":"On the blog: Guess the Price Round 6: We Have a Winner! http:\/\/wp.me\/pe2Bv-6V6","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-26604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","tag-appraisal","tag-contest","tag-game","tag-guess-the-price"],"yoast_head":"\nGuess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Guess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Six weeks ago we launched our latest price-guessing contest: Guess the Price Round 6: "Ready to Shine" in Fremont. Forty-two readers made guesses this round before the home went pending on April 16th. Today’s “Guess the Price” guest star is 4214 Midvale Ave N in Seattle’s Fremont neighborhood. This round’s home hit the market yesterday...\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/\",\"name\":\"Guess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png\",\"datePublished\":\"2013-05-30T17:00:42+00:00\",\"dateModified\":\"2013-05-30T18:01:05+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage\",\"url\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png\",\"contentUrl\":\"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png\",\"width\":600,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Guess the Price Round 6: We Have a Winner!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.\",\"sameAs\":[\"http:\/\/SeattleBubble.com\/\",\"http:\/\/facebook.com\/is.totally.pointless\",\"https:\/\/x.com\/The_Tim\"],\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Guess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/","twitter_card":"summary_large_image","twitter_title":"Guess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble","twitter_description":"Six weeks ago we launched our latest price-guessing contest: Guess the Price Round 6: "Ready to Shine" in Fremont. Forty-two readers made guesses this round before the home went pending on April 16th. Today’s “Guess the Price” guest star is 4214 Midvale Ave N in Seattle’s Fremont neighborhood. This round’s home hit the market yesterday...","twitter_image":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/","url":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/","name":"Guess the Price Round 6: We Have a Winner! \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage"},"thumbnailUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png","datePublished":"2013-05-30T17:00:42+00:00","dateModified":"2013-05-30T18:01:05+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#primaryimage","url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png","contentUrl":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png","width":600,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2013\/05\/30\/guess-the-price-round-6-we-have-a-winner\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Guess the Price Round 6: We Have a Winner!"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.","sameAs":["http:\/\/SeattleBubble.com\/","http:\/\/facebook.com\/is.totally.pointless","https:\/\/x.com\/The_Tim"],"url":"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/05\/Guess-the-Price_4214-Midvale-Ave-N.png","jetpack_shortlink":"https:\/\/wp.me\/p6wh0F-6V6","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/26604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/comments?post=26604"}],"version-history":[{"count":0,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/26604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media\/26606"}],"wp:attachment":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media?parent=26604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/categories?post=26604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/tags?post=26604"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/coauthors?post=26604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}