Sorry about posting this a little later in the month than usual. There were just so many other fun things to write about this month.
Let’s take a look at June NWMLS statistics from around the sound. As usual, courtesy Tableau Software (available free to use online), the Around the Sound update is rocking sweet 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 eight covered counties as of June 2010.
| June 2010 | King | Snohomish | Pierce | Kitsap | Thurston | Island | Skagit | Whatcom |
|---|---|---|---|---|---|---|---|---|
| Median Price |  3.0% |
9.0% |
5.2% |
2.4% |
2.1% |
5.3% |
0.8% |
7.9% |
| Listings |  2.3% |
3.7% |
8.4% |
6.9% |
13.5 |
2.7% |
2.6% |
13.7% |
| Closed Sales | 13.5% |
21.3% |
16.2% |
6.8% |
5.3% |
9.1% |
19.4% |
18.2% |
| SAAS | 1.67 | 1.69 | 1.65 | 1.75 | 1.83 | 2.40 | 2.21 | 2.11 |
King and Snohomish both bumped up into positive YOY inventory last month, as expected. Meanwhile, Island and Skagit dropped back down. Also worth noting is how small the YOY increases in closed sales have become.
Summary
Hit the jump for the rest of this month’s visualizations.
The visualization below looks at closed sales in each county in June 2009 and June 2010:
Closed Sales
My not-so-bold prediction is that this will be the last month of double-digit YOY sales increases that we see for quite some time. I fully expect all eight counties to go negative in July.
Here’s our comparison of median prices in each county at their respective peaks and in June 2010:
Change from Peak
It will take a few months before the lack of tax credit buyers is reflected in prices.
Seasonally Adjusted Active Supply
As we mentioned last month, thanks to the final sales surge before the tax credit expires, SAAS was a bit low in June, just like in May.