It’s time for our regularly-scheduled check on NWMLS statistics from around the sound. But wait, there’s more! In place of our usual boring static charts, this month we are proud to introduce interactive data visualizations from Tableau Software.
As usual, all of the underlying data and the old charts can be downloaded in Excel 2007 (or in Excel 2003 format), so if that’s the format you prefer, you can rest easy. For the rest of you, feel free to poke and prod our fancy new charts to your hearts’ content. To get specific info about a certain point on any graph, float your mouse pointer over the data.
Before we get to the cool stuff, here’s the usual table of YOY stats for each of the six counties as of March 2009. As an added bonus this month, the visualizations and the table below both include Whatcom County.
(Note: The “Sales” data below represents pending sales, not closed sales.)
King – Price: -17.3% | Listings: -9.5% | Sales: -1.6% | MOS: 5.7
Snohomish – Price: -10.7% | Listings: -15.7% | Sales: +5.1% | MOS: 6.2
Pierce – Price: -11.5% | Listings: -20.3% | Sales: +6.4% | MOS: 5.7
Kitsap – Price: -11.1% | Listings: -22.5% | Sales: +8.3% | MOS: 6.2
Thurston – Price: -4.2% | Listings: -21.7% | Sales: -9.2% | MOS: 4.9
Island – Price: -4.0% | Listings: -16.1% | Sales: +7.1% | MOS: 9.9
Skagit – Price: -12.4% | Listings: -8.8% | Sales: -14.1% | MOS: 9.5
Whatcom – Price: -5.6% | Listings: -8.7% | Sales: +26.0% | MOS: 6.0
Hit the jump for the rest of the interactive charts.
The visualization below is comparable to our usual chart of closed sales in each county in March 2008 and March 2009:
Yet again, closed sales declined across the board in March, with Island again posting the smallest drop at 12%, and Snohomish and Skagit tying for the largest drop at 41%.
Here’s our comparison of median prices in each county at their respective peaks and in March 2009:
Change from Peak
The largest overall declines to date have been in Island and King Counties, with 28% and 24%, respectively. This means that (on average), even responsible homebuyers who bought near the peak in these counties and put 20% down have now seen all of their equity vanish. Thurston County again marked the smallest overall decline in prices.
Months of Supply
King and Pierce Counties both dipped back into seller’s market territory compared to last year, while Thurston County dropped all the way back into the 4’s. The only county to see an increase in months of supply compared with a year ago was Skagit.