Sale Prices Plateau as Listings Keep Tanking

Sale Prices Plateau as Listings Keep Tanking

It’s been a while since I posted an update of my charts based on the stats from Redfin’s King County region page, so let’s take a look at those. First up the median list and sale prices per square foot. Note that the list price below includes all homes on the market, whether or not […]

Local Home Prices Hit 2012 Peak, Turn Down

I keep a pretty close eye on the weekly real estate stats on Redfin’s King County region page, and I noticed something last week that seems to be worth mentioning: It’s only a few weeks’ worth of data, but it would appear that prices have turned the corner and are about to begin their annual […]

One in Four Local Houses Sold for Over List Price in April

We’ve been hearing a lot about how much hotter this spring has been than spring in other recent years, and the stories of “bidding wars” seem to be getting a lot more frequent. I decided to see if we could visualize this trend by plotting the percentage of houses that sell for over their list […]

A New Year, A New Delusion of Price Recovery

I’ve noticed an interesting trend when looking at weekly home price stats lately. Let’s see if you can spot it in these screenshots from Redfin’s region pages for Seattle, King County, Snohomish County, and Pierce County. Spotted the pattern yet? Here’s a not-so-subtle clue: Nearly every single region I have been looking at has shown […]

How Far Off are Sellers’ Original List Prices?

With the power of Tableau and over a year’s worth of detailed King County sales data, here’s another interactive visualization I whipped up for you. The map below is color-coded to show the average discount of the final sale price from the original list price for each zip code in King County. Below the map […]