Sales That Seem To Defy Market Trend

That building is fairly unusual for that neighborhood (real prewar "hi" rise - relatively - apartment building in the East Village) with really only it's sister building (the other Ageloff Towers on 4th abutting this building) and 170 Second Ave (which is almost a different neighborhood).

evnyc, absolutely. if i could find a really nice 1500 sf apartment in that neighborhood, not new construction, i might betray all my financial convictions and buy. but i'll never know, because it doesn't really exist except for a few combos.

i seriously considered 170 second avenue, but as 30yrs says, it's almost a different neighborhood, and if i recall the 2s had one bathroom. this neighborhood had almost no housing stock for families, but for some families it would be very attractive. our family being one of them.

I guess I prefer where 170 2nd Ave is. East Village seems to now include Alphabet City for all but the biggest stickles, but you're right: there's big variances between specific blocks. For me housing stock there comes down to a block-by-block decision.

AR, there's a lovely old grande dame of a building on 2nd Ave that I visited once to drool over, nothing serious. Family sized apartments. I can't recall the address but I'll poke around and see if I can find it. Great bones.

"i seriously considered 170 second avenue, but as 30yrs says, it's almost a different neighborhood, and if i recall the 2s had one bathroom. this neighborhood had almost no housing stock for families, but for some families it would be very attractive. our family being one of them."

There's one line which is a pretty decent 5, that's the one you'd want.

thanks for the tips guys. who knows, the right apartment and one day even i might give in and buy.

310 West 52nd Street (The Link) #25B: Although the seller doubtless took a big hit on expenses - especially with the transfer tax burden on new construction - the price itself held up reasonably well. Note, however, that the original contract was signed in early 2006, during construction.
07/03/2007 Previous Sale recorded for $1,675,000.
02/11/2009 Listed in StreetEasy by Prudential Elliman at $1,980,000.
03/10/2009 Price decreased by 7% to $1,840,000.
03/31/2009 Price decreased by 5% to $1,750,000.
07/04/2009 Listing entered contract.
09/10/2009 Sale recorded for $1,708,000.

How about up 44% from same unit previous sale in 2007? Major reno including complete floor plan redo, but the $860k that they got out would go a long way toward paying for that.
http://www.streeteasy.com/nyc/sale/377821-coop-47-vestry-street-tribeca-new-york

03/07/2007 Previous Sale recorded for $1,940,000.
01/29/2009 Listed in StreetEasy by Prudential Elliman at $2,950,000.
02/28/2009 Price increased by 10% to $3,250,000.
06/01/2009 Price decreased by 8% to $3,000,000.
07/14/2009 Listing entered contract.
09/11/2009 Listing sold.
09/11/2009 Sale recorded for $2,800,000.

Wow. 108 posts. Great going. Thought id add one for the other side. Remember lemmings all around. Please clear this stale stuff even if you gotta pay 2007 prices, let me just get outa your way.

290 West End Avenue #12C: Renovated seven-into-six took advantage of the June thaw to set a new high for the building, by a considerable margin.
01/16/2009 Listed in StreetEasy by Corcoran at $3,495,000.
05/21/2009 Price decreased by 10% to $3,150,000.
06/18/2009 Listing entered contract.
09/14/2009 Sale recorded for $3,000,000.
http://www.streeteasy.com/nyc/sale/375657-coop-290-west-end-avenue-upper-west-side-new-york

Wow. You called that one, West81st, when you said the $3.5M was "high but not crazy." See toward the bottom of http://www.streeteasy.com/nyc/talk/discussion/7616-if-you-can-demonstrate-market-movement-with-comps-upper-west-side-edition?page=4. The rest of us predicted $2M-ish.

I hope they keep that big old stove in the kitchen. That's all I'd remembered about the place from seven months ago.

Here's one where they came out about even from 2007:

01/09/2007 Previously Listed in StreetEasy by Corcoran at $1,950,000.
04/27/2007 Previous Sale recorded for $1,890,000.
04/03/2009 Listed in StreetEasy by Corcoran at $1,950,000.
06/24/2009 Listing entered contract.
10/05/2009 Sale recorded for $2,036,400.

http://www.streeteasy.com/nyc/sale/398946-coop-34-36-east-10th-street-greenwich-village-new-york

This might speak to the market weakness in late 08 vs today. Condition may also be a factor.

4F sold at $999K in late 08, 10 months later 5F rings up $1.2M.

http://www.streeteasy.com/nyc/building/1-worth-street-manhattan

16% above same line comp from 2006.

#4F
10/01/2009 Sale recorded for $559,000.

#2F
06/09/2006 Sale recorded for $469,000.

http://www.streeteasy.com/nyc/building/102-east-22-street-manhattan

22 East 88th St., 7D, $3.25mm, vs. 12D in 07.

carnegie: 22 e 88 looks like 7D traded for $3,518,000 on 6/21/04

call it 8.3% below its same unit '04 comp

That surprises me given for what 12D traded in 07. We looked at several lines there in 06 and there were all in the high 2s.

12D (much better light and chance for the bedrooms not to face courtyard) went for $3.6mm in 07. So you are telling me the building was flat from 04 to 07? That's really bizarre, given the exponential price growth in that time. We bought a Carnegie apt in 03 and sold it for more than double in 07.

having trouble doing the cut and paste. But it looks like 7D, 6D, 6E and 10E all traded for over 3mm in 2004

So you are saying the person who bought 12D in 07 got it flat to 04?

Carnegie: not really saying anything. just reporting what I see. Here are the "D" line detes.

3/7/2007 12D 3,600,000

4/26/2005 4D 3,335,280
10/14/2004 6D 3,370,000
6/21/2004 7D 3,518,000

that's all I got. I have never been in any of them. Last year I followed the "F" line I think it was 6F, 8F and 12F. I went into each unit and had opinions. The "D", no idea. Hope this helps.

Funny that you say this. I know the F lines from last year well as well and saw one in 06 (in the high-mid 2s). Never saw a D line. But basically this says that from 04 to 09 D line prices stayed within 10% of each other. Will ask my broker about it. Kind of strange.

maybe 12D lost a room..I know 12F gained a room relative to 6F and 8F. It is the north facing room behind the elevator. Is the "D" line the unit that shares the elevator with the "F" line?

That was my first thought as well but on the picture of 12D I saw lr/dr but no idea whether they gave up one of the brs. Listing says Classic 8 though.

Just checked it again. D has no north facing room that size.

Buyer's remorse? Just a over a year in and ready to sell.
Apparently this owner is going +20% rather than the popular 20% down.

31 west 16th st Unit 1.
http://www.streeteasy.com/nyc/sale/469707-coop-31-west-16th-street-chelsea-new-york

StreetEasy History
11/16/2007Previously Listed in StreetEasy by Corcoran at $2,500,000.
08/15/2008Corcoran Listing sold. Last priced at $2,250,000.
08/15/2008Previous Sale recorded for $(insiders only)$2,175,000
10/08/2009Listed in StreetEasy by Corcoran at $2,750,000

The finishes look great, but having the living room on different level than the kitchen really sucks. Unless someone considers having your in-home stairmaster when entertaining a plus.

Flmao. Truthskr. Please until a unit closes above the last price let's keep it in the 'my unicorn is prettier than yours thread'. One of my bottom criteria is the ratio of lower comps thread posts / spinniker death defying sales thread. Let's not skew this 30 to. 1 post ratio with moronic price listings ? , shall we :)

ph41
It is a good looking apt but yeah, not in love with which room is where.

w67
My bad, hastily posted on the wrong thread. Will post this pegasus appropriately. :)

Hey funkmaster 67... fair warning. If one of your "bottom criteria" is the low vs. high comp threads, bear in mind I have had little interest in researching the high thread since bagging my prize. Wouldn't want to see you frozen on a full count. On the other hand if an Oyster 55 is the consolation should you follow that once in a lifetime pitch all the way into the catchers mitt, you won't have my sympathy -although I might shed a tear seeing you sitting at the dock not knowing what to do with it.

spinny... nothing above 50 footer for me.. .something above above 50 screams noveau riche.... LMAO.

FYI my 2bdrm alerts just hit 11 new 3 in contract... me thinkz a lot of people wanted to hold off listing till after Columbus day... maybe everybody went off to search for new lands till today..... LMAO. As sure as the sun rises $500psf prime nyc bf we are thru... my unicorn whispers that in my ear everynite bf I lay myself to sleep and per-chance to dream of the Swan 49.9......

on the 3bdrm $1MM to $2.5MM uws search, 3 new 1 price decreased.... I'm getting paid to wait!!!! What should i spend the $50K that I just made today???? I'll get new spinners for my unicorn.... bling bling beeeeyyyyyytchesssssss

140 East 72nd 12B sold in 21 days at 21% over late 2005 sale price

253 W. 73rd 1E sold in 7 days at 41% over 2004 sale price.

140 W 69th sold 35% above 2007 sale price with help from a recent reno.

An Eastgate one-bedroom quickie: http://streeteasy.com/nyc/sale/444231-coop-220-east-73rd-street-upper-east-side-new-york

03/01/2005 Previous Sale recorded for $715,000.
08/11/2009 Listed by Corcoran at $915,000.
10/10/2009 Listing entered contract.
12/21/2009 Sale recorded for $915,000.

These sellers did the whole-hog renovation.

Odd to see two fast movers in a day. At the Brevoort East: http://streeteasy.com/nyc/sale/472576-coop-20-east-9th-street-greenwich-village-new-york

10/20/2009 Listed by Brown Harris Stevens at $1,790,000.
11/10/2009 Listing entered contract.
12/22/2009 Sale recorded for $1,790,000.

This one was discussed somewhere or other, with its odd renovation of the master bath and loss of a half-bath: http://streeteasy.com/nyc/sale/465990-condo-101-west-79th-street-upper-west-side-new-york

09/25/2009 Listed by Halstead Property at $3,295,000.
11/03/2009 Price decreased by 9% to $2,995,000.
11/18/2009 Listing entered contract.
12/18/2009 Sale recorded for $2,850,000.

#23C, pretty much as built 20 years old, sold for $2,495,000 last spring.

A quickie full price sale of a combo. Price looks to be greater than the sum of its parts (or at least recent comp parts) -
http://streeteasy.com/nyc/sale/472576-coop-20-east-9th-street-greenwich-village-new-york

Full price deal at 28% above same unit sale from 2005.
http://streeteasy.com/nyc/sale/444231-coop-220-east-73rd-street-upper-east-side-new-york

Fast sale, very near full ask, of a renovated, low-floor six in a prime UWS location:
http://streeteasy.com/nyc/sale/464937-coop-41-west-82nd-street-upper-west-side-new-york

Although 41 West 82nd is one of the better non-doorman buildings in the neighborhood, this sale stunned me. I didn't even think the renovation was all that great. Kudos to the broker, especially since the sellers were moving/motivated, and there was fairly disruptive work going on in the lobby while the apartment was on the market.

W81 wrt to 41 W 82... It looks like an 2005 price with 4a trading for 1.375 and 7a trading for 1.7 in that year. I thought more of the renovation than you did. I too am surprised at the quick sale. I think is suggests that there is a bit of a sweet spot for decent sized 6's which can be configured for 3BR. The premium for a legit 3BR is still rather huge. The Central Park block location also helps.

What crisis? The "Crumbs" building. The Wellston. 161 W 75th. (aka 176 W 74th) The sponsor continues to shed apartments and appears to be doing rather well for themselves. The Harrison project is certainly supporting prices in this building. Here is some data on the 'A' line...south east facing classic 7 of about 2000 sq ft.

12/09 12A - 2,116,000 (and it was in estate condition. needs 300-600k in reno)
8/07 7A - 2,150,000
4/07 14A - 2,230,000
10/04 16A - 1,510,000

that should be (aka 174 w 76) and the apt is south WEST facing.

Thought I would repost to this thread:

I was a bit taken aback when I saw the closing price. This is a fairly small north-facing studio (let's not forget about the hotel being erected on 13th street). Great building, but seriously?

http://streeteasy.com/nyc/sale/467513-condo-59-west-12th-street-greenwich-village-new-york

09/30/2009
Listed by Prudential Elliman at $800,000.
11/20/2009
Listing entered contract.
12/21/2009
Listing sold.
12/21/2009
Sale recorded for $900,000.

9A, a full one-bedroom sold for merely $75k more a few months before.

http://streeteasy.com/nyc/sale/383813-condo-59-west-12th-street-greenwich-village-new-york

515 West End Avenue #3B
10/02/2009 Listed by Warburg at $1,550,000.
11/07/2009 Listing entered contract.
01/11/2010 Sale recorded for $1,675,000.
http://streeteasy.com/nyc/sale/468079-coop-515-west-end-avenue-upper-west-side-new-york
This was the first "B" line sale in many years, so there are no direct comps; but this listing offers quite a contrast to the sad, market-chasing saga of #4D:
01/17/2008 Listed by Stribling at $2,395,000.
02/13/2008 Price decreased by 4% to $2,295,000.
03/26/2008 Price decreased by 5% to $2,175,000.
05/01/2008 Price decreased by 5% to $2,075,000.
09/08/2008 Price decreased by 4% to $1,995,000.
10/02/2008 Price decreased by 5% to $1,900,000.
11/24/2008 Price decreased by 3% to $1,850,000.
05/05/2009 Price decreased by 5% to $1,750,000.
05/14/2009 Price decreased by 3% to $1,700,000.
08/08/2009 Listing entered contract.
11/12/2009 Sale recorded for $1,536,450.

Love to see a three-line listing history. There the sellers go, out the door in three months.

Fully-renovated 2/2 condo: http://streeteasy.com/nyc/sale/391986-condo-340-east-64th-street-lenox-hill-new-york

06/26/2008 Previously Listed by Prudential Elliman at $1,300,000.
10/10/2008 Previous Sale recorded for $1,300,000.
03/15/2009 Listed by Manhattan Residential at $1,795,000.
03/16/2009 Price increased by 3% to $1,850,000.
05/27/2009 Price decreased by 8% to $1,700,000.
11/22/2009 Listing entered contract.
01/15/2010 Sale recorded for $1,600,000.

The reno looks OK, but not $300K OK.

The same line, 10 floors higher and unrenovated, went for $1,026,000 in November.

90 Riverside Drive #12B: Sleek corner 4BR with great views in one of RSD's best coops:
09/15/2009 Listed by Corcoran at $5,995,000.
10/09/2009 Listing entered contract.
01/19/2010 Sale recorded for $6,125,000.
http://streeteasy.com/nyc/sale/462842-coop-90-riverside-drive-upper-west-side-new-york

There are no direct comps for this #12B, because it annexed a chunk of the apartment to the east. Nonetheless, seeting an all-time high, by a huge margin, in such a prominent building qualifies as defying the trend. To compound the contrarian aspect of the transaction, the money for this purchase was earned in real estate finance.

BTW, the sellers traded "down" from 15 CPW, where they settled for a relatively modest profit after expenses.
http://streeteasy.com/nyc/sale/364501-condo-15-central-park-west-lincoln-square-new-york

That buyer's name rang a bell. He was on the board at the Park Royal that got into a fight with the sponsor, lost, then got sued by the new board. See http://97.74.79.241/23w73.37thamendment.pdf, page 3.

That 90 Riverside listing makes me droll. Pure apartment envy. Sigh.

drool not droll.

Agreed on 90 Riverside - Wow!!!

Another impressive sale at an exclusive UWS coop:

http://streeteasy.com/nyc/sale/446159-coop-91-central-park-west-lincoln-square-new-york
Purchased in April 07 for just under $4.4m, sold for $7m. Looks like significant reno was done, but still, quite a profit from the oft-quoted peak.

8.5% above ask at Tudor City
http://streeteasy.com/nyc/sale/472127-coop-5-tudor-city-place-murray-hill-new-york

Gone in 30 days, 3% above ask
http://streeteasy.com/nyc/sale/445478-coop-180-west-58th-street-clinton-new-york

21 days to resell this unit after embracing a 6% hit from the 2007 sale price,
http://streeteasy.com/nyc/sale/469033-coop-4-lexington-avenue-gramercy-park-new-york

spin, that one on w58th? 9D sold for $1.8mm in '06. sometimes things are just priced right.

Could you see a floor plan for 9D?

6D annexed a room from a neighbor and they are now in contract at 2.2, so without seeing the floor plan for 9D I'm not sure it's an apple/apple comparison.

401 East 84th Street (Dunhill) #16C:
02/28/2007 Previously Listed by Prudential Elliman at $1,295,000.
05/14/2007 Prudential Elliman Listing sold.
05/14/2007 Previous Sale recorded for $1,295,000.
05/13/2009 Listed by Prudential Elliman at $1,349,000.
07/25/2009 Listing is no longer available.
08/25/2009 Re-listed by Prudential Elliman.
08/27/2009 Price decreased by 4% to $1,295,000.
11/13/2009 Listing entered contract.
01/29/2010 Sale recorded for $1,250,000.
http://streeteasy.com/nyc/sale/412937-condo-401-east-84th-street-yorkville-new-york
The seller financed 90% of his 2007 purchase; so even on this surprisingly strong sale, he walks away with little or nothing after expenses. All the expenses associated with his original purchase and two mortgages are written off too. Still, the price movement is quite small, and the result could have been much, much worse.

yeah, 401 seems to have held value well - i was surprised at the closing price of 16C

9% above 06 sale:

http://streeteasy.com/nyc/sale/403965-coop-141-east-3rd-street-east-village-new-york

17% above 05 sale:

http://streeteasy.com/nyc/sale/385745-coop-336-central-park-west-upper-west-side-new-york

And yet 40% below peak.

Yep that's how I live my life, I look at a bum and tell my wife, lucky YOU!

ruh roh, buffoon patrol strikes again. Whatsa matta? Are these examples running contrary to your vision of our future?

Spinnaker1: I saw 336 CPW #3A. Very serious renovation of an estate apartment.

#3A is a strong sale - much stronger, for example, than #7B, one of my favorite 2009 buys; but I don't think you can measure its strength in relation to the sellers' basis.

One jackson seems to be oblivious to any bubble...

http://streeteasy.com/nyc/building/one-jackson-square

One jackson seems to be oblivious to any bubble...

http://streeteasy.com/nyc/building/one-jackson-square

25 Central Park West - 2K

03/26/2004 Previous Sale recorded for $1,601,000.
10/24/2009 Listed by Brown Harris Stevens at $2,350,000.
12/14/2009 Listing entered contract.
01/04/2010 Listing is no longer available.
01/12/2010 Listing entered contract.
01/18/2010 Listing sold.
01/18/2010 Sale recorded for $2,100,000.

25 Central Park West 15E

This building (pre-war condo-though not huge apartments, in prime location) seems fairly bullet-proof
06/13/2005 Previous Sale recorded for $2,450,000.
08/14/2009 Listed by Brown Harris Stevens at $3,600,000.
10/16/2009 Price decreased by 4% to $3,450,000.
12/01/2009 Listing entered contract.
01/27/2010 Listing sold.
01/27/2010 Sale recorded for $3,100,000.

may i penthouse?

your 25 CPW.. is like looking at Rob Lowe at 17 and then at 45 yo and saying what a fine upstanding citizen! and a family man to boot!

w67 - don't quite get the analogy

Nice view: http://streeteasy.com/nyc/sale/418030-condo-146-west-57th-street-times-square-new-york

09/16/2005 Previous Sale recorded for $2,400,000.
06/04/2009 Listed by Corcoran at $3,695,000.
08/20/2009 Listing is no longer available.
09/24/2009 Re-listed by Corcoran.
10/23/2009 Price decreased by 5% to $3,495,000.
12/11/2009 Listing entered contract.
02/19/2010 Sale recorded for $3,700,000.

ph41. 2005 to 2010.. what about 2007 price? Rob Lowe was a real douche in his 20's and early 30's. Sex w/ underage minors, anyone?

Yeah we are up to 170 posts!!!! NWT can't find a C comp... I think a parachute would be a nice closing gift, don't you?

72C is its own comp. We can safely say the seller got lucky there, though *why* something beats the trend doesn't matter. 69C went for $2,350,000 a year ago.

23 West 73rd - 1206/07
Sold - 2/07 $1,900.000

05/28/2009 Previously Listed by Prudential Elliman at $4,500,000.
07/18/2009 Prudential Elliman Listing is no longer available. Last priced at $3,999,000.
08/21/2009 Previously Listed by Carol E Levy at $3,750,000.
11/06/2009 Delisted by Carol E Levy. Last priced at $3,750,000.
11/21/2009 Listed by Corcoran at $3,695,000.
12/28/2009 Listing entered contract.
Though not closed yet, it would appear that seller will be making really good $$, even considering the extensive renovation that was done (by an SE poster, no less).
Apartment was extensively renovated (by an SE poster) - may not

Superior Ink by those supermen at Related, what is their secret? ;)

A 1400 sq ft apartment (11a) listed for $4,125,000 sold for $9,750,000
01/07/2010 #11A $9,750,000 +136.4% $4,125,000 Sold 2 beds 2 baths 1,441 ft²
http://streeteasy.com/nyc/building/superior-ink-condominiums-and-townhouses

12A seems like a real steal now
$4,750,000 400 West 12th Street #12A 2 beds 1,441 ft²

Streeteasy, I think Related needs a proper spanking, at the very least some computer training.
Are any of these closings verified?

that's incorrect according to acris. that buyer bought a townhouse not apartment 11a.

Reading the contract now, 11a is definitely part of the unit desription

block 640 lot 1041

even the SE closing page shows townhouse 4.

Though townhouse at 2000 ps ft makes a lot more sense

The buyer (law firm) is buying it under a corporate name listing it as superior townhouse 4 but the deed is showing 11a

townhouse 4 according to the maps however is block 640 lot 1060

11A is apparently a combo of 11A and 11B. There is no 11B in the condo declaration.

Here're the PCIs:

10A 0.877%
11A 2.193%
12A 0.879%

SE must've been fed the listing data before Related decided to make an extra-large 11A and omit 11B.

Re: "Townhouse", maybe the buyer -- somebody in Armonk -- was planning to buy one of the townhouses when the LLC was set up, then changed their mind.

Can always rely on NWT for acris explanations. :)

But isn't it weird their LLC is named for the townhouse? Possible explanation they created the LLC with intention of buying the townhouse, bought the unit(s) instead and didn't want to waste the LLC they already created.

yep...beat me too it I see. so 11b is another 2169 sq ft.
Still a hefty price.

The sizes:

10A 1441
10B 2169
11A 3661
12A 1441
12B 2169

Buyer is a Richard Schimel of Diamondback Capital. I usually don't mention names, but when they try to cover tracks, but fail, it's open season.

Ha, well I thought tracks were pretty well covered. Nothing on the mortgage, power of attorney,etc.
I guess you were able to look up the pricipal of the LLC?

truthskr, it makes 12A look rather expensive, no?

I don't know, from what I see in these listings, I couldn't afford storage space in the building.

But I could definitely slum it in the Setai. :)

truthskr, you cheapen yourself with such thoughts. hold out for better.

The Armonk address is on the mortgage. There might be even more in there, but I just skimmed.

So 11A was listed at $4,125,000 and 11B was listed at $7,800,000 totaling 11,925,000. And they purchased it for 9,750,000. No longer defies market trend.

Clearly.

Tiki Barber seems to have done pretty well on the exit from this Lenox Hill coop.
http://streeteasy.com/nyc/sale/470307-coop-333-east-69th-street-lenox-hill-new-york

The Barbers bought that apartment in January 2004 for $2.5MM, so $3.495MM seems like a good result. No idea how much money they put into the place, or whether it was already "stunning", "architecturally designed" or "triple mint" when they bought it.

355 Riverside Drive #10WN: Top broker brought this one back to market at the perfect time and the perfect price. There were other river-view options around 108th Street at the time, but not in this condition.
11/18/2008 Previously Listed by Brown Harris Stevens at $3,095,000.
03/03/2009 Delisted temporarily by Brown Harris Stevens.
10/10/2009 Listed by Brown Harris Stevens at $2,695,000.
11/12/2009 Listing entered contract.
03/03/2010 Sale recorded for $2,650,000.
http://streeteasy.com/nyc/sale/470327-coop-355-riverside-drive-manhattan-valley-new-york

19% over ask for a 2nd flr estate condition 7 at 103rd and WEA.

http://streeteasy.com/nyc/sale/488195-coop-885-west-end-avenue-upper-west-side-new-york

35% above 2005 sale.

http://streeteasy.com/nyc/sale/478529-coop-15-west-72nd-street-upper-west-side-new-york

47% above 2005 sale.

http://streeteasy.com/nyc/closing/36159

http://streeteasy.com/nyc/closing/1002311

3% drop from a "peaky" 2007 sale.

http://streeteasy.com/nyc/sale/476172-coop-15-west-84th-street-upper-west-side-new-york

11% above previous 2007 sale at 15 W 72nd

http://streeteasy.com/nyc/closing/117405

http://streeteasy.com/nyc/closing/1003836

Spin - these do seem to go against market trends,(or maybe they are showing the start of a new market trend) but maybe you could post also in the "comps" threads? So many on SE really follow those threads, could be helpful.