Case-Shiller_SeaTiers-Zoomed_2016-04

Case-Shiller Tiers: Only Low Tier Still Below Previous Peak

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details […]

Case-ShillerHPI_MOM_2016-04

Case-Shiller: Seattle Price Gains Biggest In Nation Again

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data that was released today, Seattle-area home prices were: Up 2.1 percent March to April Up 10.7 percent YOY. Up 2.5 percent from the July 2007 peak Over the same period last year prices were up 2.2 percent […]

Affordable-Home-Prices_2016-05

Record-High Home Prices Are “Affordable” Thanks To High Incomes and Low Rates

Note to subscribers: The members-only spreadsheets folder has been updated to include the charts in this post. As promised in yesterday’s affordability post, here’s an updated look at the “affordable home” price chart. In this graph I flip the variables in the affordability index calculation around to other sides of the equation to calculate what […]

Affordability-Index_2016-05

Low Rates Continue To Prop Up Affordability

You can get access to the spreadsheets used to make the charts in this and other posts by becoming a member of Seattle Bubble. It was recently requested that I take a refreshed look at the affordability stats, so here’s an updated look at our affordability index charts for the counties around Puget Sound. As […]

KingCoSFHPending2016-05

NWMLS: Strong Demand As Pending Sales Hit All-Time High

Get access to the full spreadsheets used to make the charts in this and other posts, as well as a variety of additional insider benefits by becoming a member of Seattle Bubble. May market stats were published by the NWMLS yesterday. Before we get into our monthly stats, here’s a quick look at their press […]

Preview_2016-05_Warranty-Deeds

May Stats Preview: Another Terrible Month for Buyers

This post is a little tardy, but I wanted to make sure these charts were posted nonetheless. I’ll post yesterday’s NWMLS numbers a little later this morning. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: […]

Case-ShillerHPI_MOM_2016-03

Case-Shiller: Seattle Home Prices Surpass 2007 Peak

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data that was released today, Seattle-area home prices were: Up 2.4 percent February to March Up 10.8 percent YOY. Up 0.4 percent from the July 2007 peak Over the same period last year prices were up 2.3 percent […]