I try not to read into the average price data too much since both these zips can have some really high end sales that skews the averages. However the slow down is sales is hard to miss, but it doesn't really seem to be affecting the prices that dramatically (this is confirmed by my weekly screen scrape).
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Yea, thats a surprising bit of sales bounce for EDH. Mellisa data is "closings". Has Blackstone had move ins?
I think Centex is on track to finish the first couple homes in September or so. They had a bit of pent up demand....about 5 or so sales off the bat...but nothing since then when I checked their plot map 2 weekends ago. Certainly not enough to account for the full bump. Not sure what Lennar's sales are looking like.
You know that "bounce" may have just been delayed June closings as your smoothed averages are pretty stable. There's the argument for looking at moving averages.
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