Despite Red-Hot Housing Market, One in Five Pending Sales Still Fail to Close

Despite Red-Hot Housing Market, One in Five Pending Sales Still Fail to Close

With another quarter fully in the books, let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the second quarter numbers below represent pending […]

Sales Mix Shifted Into Expensive Eastside Homes in June

Sales Mix Shifted Into Expensive Eastside Homes in June

With the big increase in the county-wide median price between May and June, let’s take an updated look at how King County’s sales are shifting between the different regions around the county. This data is interesting to keep tabs on since geographic shifts can and do affect the median price. In order to explore this […]

June Reporting Roundup: “The balloon is growing”

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: “First time […]

King County Single Family Median Price Hits New Record at Half a Million Dollars

King County Single Family Median Price Hits New Record at Half a Million Dollars

June market stats were published by the NWMLS today. Before we get into our monthly stats, here’s a quick look at their press release. Home sales sizzling around Western Washington, with volumes reaching 10-year high Temperatures around Western Washington were not the only thing sizzling during June. Northwest Multiple Listing Service members reported 11,453 pending […]

Around the Sound: Misery for Buyers Everywhere

Around the Sound: Misery for Buyers Everywhere

Let’s update our monthly stats for the local regions outside of the King/Snohomish core. Here’s your May update to our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. Are things any better in the market right now for buyers outside of the core Seattle areas? Unfortunately, not really. It’s still […]

Cheap South King County Sales Slipping

Cheap South King County Sales Slipping

It’s been a few months since we updated our look at how King County’s sales are shifting between the different regions around the county. This data is interesting to keep tabs on since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three […]

NWMLS: Market Goes From Bad to Worse for Buyers

NWMLS: Market Goes From Bad to Worse for Buyers

May market stats were published by the NWMLS yesterday. Before we get into our monthly stats, here’s a quick look at their press release. Northwest MLS brokers say home buyers are sprinting, but sellers are stalling Home buyers are in “full sprint” mode while sellers are stalling, according to brokers from Northwest Multiple Listing Service. […]