Thank you for the detailed post - very helpful for me. If I may ask, what were some of the factors that you used to determine the demand for a property in a given area?
Median turnover time, price shift from month to month, demographic/socioeconomic data on prospective buyers. It's all quite simple, and behaves exactly as you would expect within urban areas-- as skeptical as the brokers were, their narrative to justify prices almost always ended up very close to the quantitative estimate. Suburbs and commercial real estate are much harder to nail down correctly.