View Single Post
Cobalt Cobalt is online now
Registered
 
Cobalt's Avatar
 
Join Date: May 2004
Location: New Jersey
Posts: 2,313
Garage
As NYNick said it is all dependent on the area. I am 13 miles from NYC and my house has more than doubled in value in the past 2 years and is continually rising. I get requests to sell nearly weekly. It is becoming annoying. Tiny 1000-1500 sq ft homes on a 1/4 acre of land are now $600k-$1.1M and rising. They sell for cash and usually $100-200k over asking within days. Many are being gutted and built up after. I'm not sure how young couples are surviving.

Same goes with cars. There are some models like the 981's which are deflating slightly. Yet some 964's have hit new highs of $200k for a resprayed car. SC's are hot and I see a number of them bring strong money. Hagerty is the last place I go to for market valuation. They have been correct 15% of the time on Low production vehicles like Porsche's. I have been looking for an SC for my son and I can't find a decent one for sale and when I do they are pricey. I sold my Gen 1 needs everything 109k mile 2013 Ford raptor back in April and if I waited I see the asking prices are nearly double by now. Yet the Gen 2 early Raptor's are selling for the similar money. Everything is in flux all depends on where and what we discuss.
__________________
Anthony PCA affiliate '77 member '83 '90 3.8 RS tribute, 91 C4 converted to C2,'93 964 C2, '93 928 GTS M '94 Turbo 3.6, '15 Boxster GTS M,16 GT4,23 Macan GTS,
Gone worth mentioning '71 E '79 SC, '79 built to '74 3.0 RS tribute (2390 # 270 hp), '80 928 euro 5 speed, '74 2.0l 914, '89 944 S2,'04 Cayenne TT '14 boxster, '14 Cayenne GTS 14 Cayman S, 18 Macan GTS many others

Last edited by Cobalt; 08-26-2025 at 06:45 AM..
Old 08-26-2025, 06:39 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #6 (permalink)