Whoops, sorry this is late. It took a little extra time to put together this month, as I finally switched the data over from months of supply to Seasonally Adjusted Active Supply. So, let’s have our September data checkup of NWMLS statistics from around the sound. As usual, courtesy Tableau Software, the Around the Sound update is rocking exclusive interactive data visualizations.
Feel free to download the old charts in Excel 2007 and Excel 2003 format. To get specific info about a certain point on any graph in the post below, 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 our seven covered counties as of September 2009.
September 2009 | King | Snohomish | Pierce | Kitsap | Thurston | Island | Skagit | Whatcom |
---|---|---|---|---|---|---|---|---|
Median Price | 7.9% | 11.1% | 8.2% | 4.6% | 2.8% | 1.8% | 2.0% | 8.7% |
Listings | 19.4% | 23.6% | 25.8% | 25.1% | 15.8% | 2.0% | 4.9% | 9.7% |
Closed Sales | 14.3% | 14.6% | 12.4% | 14.5% | 1.5% | 11.5% | 20.9% | 19.3% |
Seasonally Adjusted Active Supply | 2.0 | 2.1 | 1.8 | 2.0 | 1.9 | 2.5 | 3.0 | 1.5 |
Hit the jump for this month’s interactive charts.
Summary
The visualization below is comparable to our previous chart of closed sales in each county in September 2008 and September 2009:
Closed Sales
Some of the outlying counties appear to be missing out on this summer’s sales spike. I guess the tax credits and low interest rates aren’t enough to overcome the commute anymore. Is “drive till you qualify” finally dead?
Here’s our comparison of median prices in each county at their respective peaks and in September 2009:
Change from Peak
Nothing really new here, since most prices have been holding steady all summer.
Seasonally Adjusted Active Supply
Kitsap, Island, and Skagit all actually turned in larger SAAS than a year ago, with Skagit’s market still coming in firmly on the buyer’s side. Interestingly, Whatcom was the worst market for buyers, with an SAAS of just 1.5.
As summer draws to a close we still haven’t seen a big spike in closed sales of the same magnitude that we saw in pending sales earlier in the year. More and more I’m starting to think we never will…