Craiglist Pricing Analytics - Priceonomics Startup

[priceonomics]

Hi All,

I'm with a startup called Priceonomics (The Price Guide for Everything | Used Prices on Priceonomics) that analyzes how much cars (and other items) are listed for on Craigslist. Examples:

2004 Bmw M3 Price Report | For Sale at $23,000
http://priceonomics.com/cars/bmw/m3/
Used Car Prices | Car Price Guide

We're still very early in building this. Any feedback how we can make this useful to the dealer community?

Thanks!

rohin [at] priceonomics.com

 

[Dan Rudd]

Some of the markets that you list in your metrics are 45 day CL markets while others are 7 day CL markets which means that some of the prices are well behind current market price. How do you account for that?

 

[yagoparamo]

Some of the markets that you list in your metrics are 45 day CL markets while others are 7 day CL markets which means that some of the prices are well behind current market price. How do you account for that?

That's a good point, can you break things by specific markets?

 

[priceonomics]

Great points! We only started collecting the data a few months ago. As we get more data, we can show a "time series" of prices over time.

Yago, we just add the ability to filter by Location. It's not 100% built (you can only filter some cities), but it should let you see how the prices change by city.

 

[yagoparamo]

We have something similar that allos ourdealers to compare their cars against the CL market, it is like a free really simple vAuto for CL. Your tool takes it one step forward. Great thinking.