Thursday, December 20, 2007

Garbage data from the District

I've captured sales data for October 2007, but it's going to take a while to process it. Why? It's tough enough getting real estate sales data from the District, but the District's inability to ensure data quality is really trying my patience.
According to the District:
  • A condo on 3251 Prospect St NW sold for $120MM. I'm sure having Morton's and Cafe Milano under your home may be a wonderful thing, but not for this price. [UPDATE]. It turns out that the $120,245,450 condo actually sold for $1,202,454.50. Oops about those two decimal points, eh OTR?
  • A home in AU Park sold for $12MM. [UPDATE]. It turns out that the $12MM home actually sold for $1,200,000. Oops I did it again, OTR?
  • A home in the 1800 block of Rhode Island NE sold for $3.5MM whereas everything in the area sold for about $310,000 - $385,000. [UPDATE]. It turns out that the $3.5MM home actually sold for $350,000.
If I'm unable to get more credible data, I'll delete these three.
It's comforting to know that public data is so screwed up.

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