Posted by: 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.

7 responses to “September Stats Preview: Sales Cliff Edition”

  1. NESeattleSeller

    Tim,
    “King County Trustee Deeds
    [Graphic of King County only]
    Both counties fell dramatically from the month prior, but are still up big from last year.”

    Um – both counties? up big from last year? Is the small blue bar this year and the big red bar last year? How about “King County Trustee Deeds are little changed from last month, but down big from last year.”

    Rate this comment: Thumb up 0

  2. softwarengineer

    Active Listings Stands Out as Most Salient YOY Plummet

    As to whether you construe this as positive or negative is a matter of opinion, IMO.

    Rate this comment: Thumb up 0

  3. SkiAddict

    For each of your bar graphs in this post… it would be nice to overlay them with a smoothed line that is the monthly value of each averaged over the ~1995-2005 time period (or whatever period makes sense). So the average number of King Warranty Deeds in January would be the first point on the line in the upper bar graph and so on. It would add some historical context instead of just comparing to the previous year.

    Thinking about comparing 2013 values against these strange 2012 values next year is what brought the idea to mind.

    Rate this comment: Thumb up 0

  4. Julie Lyda, RE/MAX Northwest Realtors

    RE: SkiAddict @ 4

    I do my charts a little different than the Tim… here is a chart going back to 2008 comparing the Deeds vs. Notices… hope that helps.

    http://1.bp.blogspot.com/-uvn3tpaTTRM/UGo24R2mQvI/AAAAAAAABOg/Dd2Ifoeq1hE/s1600/King+County+Foreclosures+September+2012.png

    Rate this comment: Thumb up 0

  5. whatsmyname

    Usually inventory starts dropping pretty fast this time of year. Luckily, with King County warranty deeds going off the sales cliff to only 2,751, the inventory fairy was able to replace all but 63 of them. Market equilibrium lives on.

    Rate this comment: Thumb up 0

  6. Seattle Bubble • Foreclosures Dip Back Down in September

    [...] time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First [...]

    Rate this comment: Thumb up 0

Leave a Reply

Do you want a nifty avatar picture next to your name, instead of a photograph of Tim's dog? Just sign up with Gravatar, and make sure to use the same email address in the form below. It's that easy!

Please read the rules before posting a comment.

You have 4 comments remaining on this post.

Archives

Find us on Google+