[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 112: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4762: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4764: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4765: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4766: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
Seattle Bubble Forum Archive • View topic - cost per sqft

cost per sqft

Anything and everything relating to Seattle-area real estate.

Moderators: synthetik, The Tim, Lake Hills Renter

cost per sqft

Postby barista » Tue Apr 08, 2008 1:58 pm

So I have heard people saying that the cost of SFH and condos in king county is holding steady. I kinda suspect this as I see the $/SQFT on redfin dropping in last couple of months. So does this mean that people are buying houses at the same price as last year but they are actually getting bigger/better houses than what they would have got last year?

Is there aany statistic that we can compare to confirm this? I think this would be a nice addition to the charts on seattlebubble. I can help out if I knew where to look for the data.
barista
Bubble Bloviator
 
Posts: 161
Joined: Tue Apr 08, 2008 1:44 pm

Re: cost per sqft

Postby SandyK » Tue Apr 08, 2008 3:48 pm

That sounds about right. That's what we're seeing up in the north end anyway.

(That's one of the things that median prices don't tell you--even if prices are holding steady, a more important question is what is that pricing getting you? It's getting you more today than it did a year ago.)
SandyK
Bubble Watcher
 
Posts: 23
Joined: Fri Oct 19, 2007 7:52 am
Location: Mukilteo

Re: cost per sqft

Postby WestSideBilly » Tue Apr 08, 2008 4:20 pm

The Case-Shiller index is the closest tool that I'm aware of, as it compares same-house sales. Though it's possible to trick that too, by adding square footage to the house (I think so, at least).
WestSideBilly
Bubble Banter Boss
 
Posts: 562
Joined: Mon Feb 04, 2008 1:41 pm
Location: Land of entitlement

Re: cost per sqft

Postby deejayoh » Tue Apr 08, 2008 4:29 pm

Radarlogic reports sales per square foot. They show a 10% drop from peak in June, and an annualized rate of drop of ~17% for seattle. They use the same paired sales methodology as Case-shiller, and are kicking C/S but on trading volumes.
deejayoh
Bubble Banter Boss
 
Posts: 1166
Joined: Mon Feb 26, 2007 12:14 pm
Location: Capitol Hill

Re: cost per sqft

Postby barista » Tue Apr 08, 2008 10:50 pm

Ardell has some stats posted over at her blog for past six months.



Any critique from the experts?
barista
Bubble Bloviator
 
Posts: 161
Joined: Tue Apr 08, 2008 1:44 pm

Re: cost per sqft

Postby WestSideBilly » Wed Apr 09, 2008 7:36 am

WestSideBilly
Bubble Banter Boss
 
Posts: 562
Joined: Mon Feb 04, 2008 1:41 pm
Location: Land of entitlement

Re: cost per sqft

Postby deejayoh » Wed Apr 09, 2008 9:49 am

scratch what I said about the paired sales - they do not use that method. they average cost/square over ALL sales, no exclusion of outliers

I will have a blog post on this later today. as soon as I figure out Tim's new template!
deejayoh
Bubble Banter Boss
 
Posts: 1166
Joined: Mon Feb 26, 2007 12:14 pm
Location: Capitol Hill


Return to Seattle Real Estate

Who is online

Users browsing this forum: No registered users and 18 guests