Around-the-Sound-Price_2016-06

Around The Sound: King County Slightly Less Bleak For Buyers Than Surrounding Region

Get access to the full spreadsheets used to make the charts in this and other posts, and support the ongoing work on this site by becoming a member of Seattle Bubble. Let’s have a look at our housing stats for the broader Puget Sound area. Here’s your June update to our “Around the Sound” statistics […]

June Reporting Roundup: “A Long Way To Go”

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…

KingCoSFHInventory2016-06

NWMLS: Listings Inching Up As Sales Flatten

June market stats were published by the NWMLS this morning. The NWMLS press release hasn’t been posted yet, so we’ll cover that tomorrow. On with the stats!

It’s still a bit early to say that we’re turning a corner, but while the overall level of inventory is still at all-time lows for this time of year, the rate of year-over-year change has been getting slightly better every month since December…

KingCoSFHPending2016-05

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

May market stats were published by the NWMLS yesterday.

Pending sales of single-family homes in King County hit an all-time high in May. This does not bode well for buyers hoping for any sort of relief from stiff competition and fast-rising prices. Inventory did increase month-over-month, but barely.

KingCoSupplyVsDemand2016-04

NWMLS: Home Prices Hit Another Record as Sales Slow

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. April market stats were published by the NWMLS yesterday. Before we get into our monthly stats, here’s a quick look at their press […]

Around-the-Sound-Price_2016-03

Around the Sound: Hope is Hard to Find for Buyers

We haven’t updated our monthly stats for the local regions outside of the King/Snohomish core since last year, so let’s have a look. Here’s your March update to our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

How is the market doing outside of the central King County area? Not much different, really. Listings are super-scarce, demand is reasonably strong, and prices keep going up…

KingCoSFHClosed2016-03

NWMLS: Some Small Signs of Market Softening in March

March market stats were published by the NWMLS yesterday…

…First the good news for buyers: Inventory saw a slight uptick in March, and the year-over-year drop shrunk significantly from -29 percent in February to -21 percent in March. Sales also appear to be slowing down slightly as both pending and closed sales are down around ten percent from a year ago.

Now the bad news: The median home price shot up to a new all-time high, and the year-over-year median price was up a record-breaking 21 percent.