December Stats Preview: For-sale inventory hit an all-time low

With the close of December, all of 2017 is now in the books. Today we’ll look at our regular monthly “preview” charts, and the rest of this month we’ll update as many of our stats as possible to look at how the whole of 2017 played out.

Short story for December: Inventory hit a new all-time low point in both counties. Foreclosures are still basically zero, and sales were surprisingly strong given how low the inventory is.

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…

September Stats Preview: The Last Gasp of Inventory in 2017

Let’s take a look at regular monthly “preview” charts. Now that September is in the past let’s take a look at the local housing market stats for the month. Short story: Inventory hit the highest point since a year ago in King County and were just slightly below last month’s high in Snohomish. Sales are still strong, and foreclosures are nearly non-existent.

Sadly I have nothing particularly new or interesting to share about what happened in the market in September. It’s more of the same cruddy market for buyers: Listings are scarce and sales are still strong…

July Stats Preview: Summer Snoozefest

Let’s take a look at regular monthly “preview” charts. Now that July is in the past let’s take a look at the local housing market stats for the month. Short story: Inventory edged up again but is still at historic lows. Sales are slipping slightly year-over-year but are still quite strong. Here’s the snapshot of […]

June Stats Preview: Listings Inch Up, Sales Still Strong

Let’s take a look at regular monthly “preview” charts. Now that June is in the past let’s take a look at the local housing market stats for the month. Short story: Inventory bumped up slightly, but is still in the gutter. Sales are still very strong.

Listings are still very scarce, but at least they’ve bumped up quite a bit from the all-time low. Sales are strong, and hit their highest point since sometime before 2009 in Snohomish County.

May Stats Preview: Inventory Edges Up, Sales Surge

NWMLS posted their stats this morning, but first here are our regular monthly “preview” charts. Now that May is behind us let’s take a look at the local housing market stats for the month. Short story: Sales shot up, listings improved a little but are still scarce…

April Stats Preview: Sales Slip As Inventory Shortage Drags On

NWMLS posted their stats yesterday, but I still want to share the regular monthly “preview” charts here. Now that April done let’s take a look at the local housing market stats for the month. Short story: Inventory is still almost non-existent, and it seems to be finally putting somewhat of a damper on sales.

Sales slipped slightly between March and April in both counties. Listings increased month-over-month, but it was a very weak gain for this time of year.

March Stats Preview: Sales Just As Strong As Last Year

March is behind us, so let’s take a look at the local housing market stats for the month. Short story: Despite listings 20 to 30 percent lower than last year, sales are coming in at or above where they were last year. Looks like spring is shaping up to be a ridiculous homebuying frenzy.

Sales shot up nearly 40 percent between February and March in both counties. Listings also increased month-over-month, but by far less.