Posted by: Timothy Ellis (The Tim)

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

8 responses to “How Much Home Does a Million Bucks Buy: 2000-2010”

  1. softwarengineer

    Considerring What $600K Bought You In Centrist Seattle a Few Years Ago

    It would be interesting to see pictures of Centrist Seattle $1M homes, even today, with an idea of how much land you got and where you’ll park the cars….

    IMO they don’t look like a million dollars….LOL

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  2. masaba

    Why look at just $1 million homes? Why not just do (square footage)/dollar of all homes sold in Seattle in order to increase your sample size? If you wanted to, you could break this up into tiers.

    The chart is interesting, and the trend from ’04-’10 is intuitively justifiable. However, when you tell me to ignore two data points as unreliable because of a low sample size, it immediately makes me question the validity of the rest of the data points.

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  3. One Eyed Man

    Tim, how did you define homes sold for a million dollars and whose search function and/or data base did you use? Did it include only homes sold for exactly 1 mil or perhaps give or take 1%? Or, did it include all homes sold for 1 mil or more? Three sales in King Co in 2000 seems too low unless it was limited to properties that sold for exactly 1 mil. Basically I’m just curious as to what caused the number to be only 3 and 5 sales in 2000 and 2001 and whether the sample size in later years was large enough to have statistical significance without a huge margin of error. Thanks.

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  4. One Eyed Man

    RE: The Tim @ 4

    Thanks Tim!

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  5. drshort

    RE: The Tim @ 4 -

    The king county assessors site has downloadable files that contain every property in the county and their sales info.

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  6. drshort

    By drshort @ 6:

    RE: The Tim @ 4 -

    The king county assessors site has downloadable files that contain every property in the county and their sales info.

    Here: http://info.kingcounty.gov/assessor/DataDownload/default.aspx

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