fotocasa – 461.966 Viviendas en venta en España

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This topic contains 12 replies, has 6 voices, and was last updated by Profile photo of adiep adiep 5 years, 8 months ago.

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  • #56163
    Profile photo of adiep
    adiep
    Participant

    The last time I checked the number of properties on fotocasa, I think it was something like 420k, that was back at the end of Jan. It appears to be rocketing upwards at the moment, now nearly 462k, a 10% increase.

    Any thoughts why this might be? Will it keep going upwards as interest rates rise? I cant see it coming down, contrary to all the talk about the market having bottomed.

    Or do you think this isnt a number that tells us anything much?

  • #103567
    Profile photo of Anonymous
    Anonymous
    Participant

    Might just be gaining market share……

    Any idea how many on idealista.com?

  • #103570
    Profile photo of adiep
    adiep
    Participant

    @mark wrote:

    Might just be gaining market share……

    Any idea how many on idealista.com?

    Search “wildcard” * appears to work on idealista… 402.197 anuncios

    Could be market share, however, in my area im seeing lots of new properties.

  • #103573
    Profile photo of adiep
    adiep
    Participant
  • #103576
    Profile photo of katy
    katy
    Spectator

    I know coín, that price is about average for the area. I have friends selling there, or trying to sell. Despite doing everything correctly when they bought about 6 years ago, the paperwork is incorrect! Lot of illegal properties around that area.

  • #103578
    Profile photo of Anonymous
    Anonymous
    Participant

    @adiep wrote:

    Looks like a bit of a good deal

    http://www.idealista.com/pagina/inmueble?codigoinmueble=VP0000004174396&numInm=42&edd=listado-busqueda-libre

    Some wonderfully naff exterior features that must reduce the price 😀

    The only thing missing is a

  • #103585
    Profile photo of Anonymous
    Anonymous
    Participant

    @mark wrote:

    @adiep wrote:
    Looks like a bit of a good deal

    http://www.idealista.com/pagina/inmueble?codigoinmueble=VP0000004174396&numInm=42&edd=listado-busqueda-libre

    Some wonderfully naff exterior features that must reduce the price 😀

    The only thing missing is a

    they are all the rage at the moment have you not seen gnomeo and julliet

  • #103599
    Profile photo of adiep
    adiep
    Participant

    @katy wrote:

    I know coín, that price is about average for the area. I have friends selling there, or trying to sell. Despite doing everything correctly when they bought about 6 years ago, the paperwork is incorrect! Lot of illegal properties around that area.

    I wondered, but its a nice big lump of land with an attractive view.

  • #103600
    Profile photo of Anonymous
    Anonymous
    Participant

    @adiep wrote:

    @katy wrote:
    I know coín, that price is about average for the area. I have friends selling there, or trying to sell. Despite doing everything correctly when they bought about 6 years ago, the paperwork is incorrect! Lot of illegal properties around that area.

    I wondered, but its a nice big lump of land with an attractive view.

    which probably means some developer in the future will want to put a road through your land and build a developement on your vista or am i just a pesimist

  • #103605
    Profile photo of adiep
    adiep
    Participant

    464.143 Viviendas en venta en España

    up 1%

    shame there’s no way of seeing the latest properties added.

  • #103610
    Profile photo of Anonymous
    Anonymous
    Participant

    @mark wrote:

    Might just be gaining market share……

    Any idea how many on idealista.com?

    I doubt it – gaining market share from competitors of 10% in just 2 months is incredible for an establsihed operator in an established sector of any business. No, it’s because more people want to sell their houses – but cant!

    it’s a very clear indicator to me.

    Mark its obvious you talk the market up at any opportunity – and I can kind of understand that – but sometimes its better to just accept reality. I bet if Fotocasa listings had dropped by 10% in 2 months youd be saying it was due to more sales being made – as opposed to them losing market share.

  • #103613
    Profile photo of Anonymous
    Anonymous
    Participant

    I have been tracking fotocasa adverts for a year and made some previous posts about it. If anyone is interested here are the full details.

    07 May fotocasa 325,000
    12 May fotocasa 328,378
    17 May fotocasa 331,884
    14 June fotocasa 343,896
    13 sept fotocasa 367,524
    14 sept fotocasa 368.704
    15 sept fotocasa 369.075
    16 sept fotocasa 370.106
    19 sept fotocasa 371.898
    20 sept fotocasa 371.960
    23 sept fotocasa 374.599
    24 sept fotocasa 375.561
    26 sept fotocasa 376.305
    28 sept fotocasa 378.287
    04 oct fotocasa 379.208
    05 oct fotocasa 382.582
    06 oct fotocasa 383.306
    07 oct fotocasa 383.900
    08 oct fotocasa 385.127
    10 oct fotocasa 385.877
    11 oct fotocasa 386.567
    12 oct fotocasa 387.464
    14 oct fotocasa 388.625
    15 oct fotocasa 389.169
    17 oct fotocasa 389.909
    22 oct fotocasa 391.694
    24 oct fotocasa 392.520
    25 oct fotocasa 393.359
    27 oct fotocasa 393.837
    28 oct fotocasa 395.504
    11 Nov fotocasa 409.582
    17 Nov fotocasa 412.998
    18 Nov fotocasa 414.056
    12 jan fotocasa 418.000
    17 Jan fotocasa 421.000
    21 Jan fotocasa 425.000
    28 Jan fotocasa 431.000
    17 mar fotocasa 458.000
    27 mar fotocasa 464.000

    Assuming that the general trend of 13000 new properties are added each month then at the 1 year point this May fotocasa may be showing 480,000 properties for sale.

    That is an increase of 50% in just 1 year.

    The more interesting figure is what % of total Spanish properties are shown on Fotocasa. Personally I think much less than 20%, but taking 20% as a guess then we have approximately 2.5 million properties for sale today and given this article

    http://www.spanishpropertyinsight.com/buff/2011/03/25/residential-construction-completions-down-33pc-in-2010/

    probably another quarter million new properties completed this year.

  • #103614
    Profile photo of adiep
    adiep
    Participant

    I dont think Mark talks up the market in an overtly biased manner, one presumes he needs to be a little bullish, but his analysis in the past has highlighted quite a balanced view of the market – i.e. there are many segments to the Spanish market, some will rise, some will drop like lead balloons.

    My view is that we’ll see a wholesale drop, no matter where the properties are based.

    With regard to fotocasa, I wish they would spend 5 minutes looking at http://www.zoopla.co.uk/ and get busy adding some of their features. People want market intelligence and analysis these days, fotocasa could kill th other sites if it spent a few months getting these features built and released.

    JP, I wasnt aware you had those numbers… I should write a script to grab them daily from idealista and fotocasa. Seems obvious to me that the market is about to be flooded on the back of expected interest rate rises. Not only private sales, but also the banks who are now having to go back into the markets to rollover loans…

    Maybe 2011 will see the crash thats needed.

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