Spring Bounce!

[deejayoh]

It's here!!!

check out what has happened to inventory since the beginning of March. It's up about 100 listings a day.

[jjl]

I'm not sure where you get your info or what your criteria is but here are some facts:

New Residential Listings for Seattle only (Excluding re-lists)
3/1 17
3/2 6
3/3 43
3/4 39

[rose-colored-coolaid]

I'm sure it's King County and not just Seattle. After all, even the people who work in down town frequently buy elsewhere in King County.

[jjl]

Okay, here is King Co.

King Co. New Residential only listings (re-listed properties)

3/1 67 (43)
3/2 26 (20)
3/3 132 (40)
3/4 75 (38)

I just like to provide accurate information for discussion.

[rudekick]

I'm sure DJO was basing his info on the inventory tracker on the side of the main page. Normally, there is a pretty big drop in inventory in the wee hours of the morning. For whatever reason, that did not happen Tuesday morning (it happened a few weeks ago too). The result was that it looked like inventory was growing very rapidly for the first few days of the month, and then dropped fairly sharply Wednesday morning.

[jjl]

... my information is from the NWMLS and manually edited to weed out the re-listed properties so we have a good handle on "new to the market" listings.

I like to use accurate info in my data analysis. Just pulling new listings on 3/1 from the MLS showed 110 new listings, however 43 of those were relists.

I am currently tracking this for Snohomish Co., but I'm happy to provide you any numbers for King Co. that you like.

[jjl]

... so far today (11:30 am) 3/5 there are:

King Co. Residential only

26 new listings
7 relisted

[rose-colored-coolaid]

Thank you for the accurate information jjl. I know we all appreciate it, but not everyone has access/spare time to go through each listing.

However, if you wanted to start a new thread, which you post to once a week with inventory numbers or a simple +/- for the week I'm sure a number of people on the board would find that information very interesting.

[deejayoh]

[ira s]

Within the last week or so I'm seeing an increase in pending sales, and a much larger increase in new listings.

[jjl]

King County - Residential only

STI & Pending Sales Per Week:

2/1 - 2/8 147
2/9 - 2/15 213
2/16 - 2/22 279
2/23 - 2/29 437
3/1 - 3/7 654

[Lake Hills Renter]

I took a walk around the neighborhood today to enjoy this fine spring weather, and purposely walked past as many for sale signs as possible (and there were many) to check the prices. Some are pretty reasonable for the current market, about 5-10% off from last year, but some were absolutely rediculous. I think I know which ones have a better chance of selling.

Apparently being directly across the street from a middle school adds $150k in value to your house. Maybe they're pricing for pedophiles.

[Markor]

[Lake Hills Renter]

[ira s]

If you're " pricing for pedophiles", where do you advertise?
The NAMBLA Times?