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October Housing Stats Around the Sound

Posted on November 23, 2010 by The Tim

Let’s have a look at October county-wide stats 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 October 2010.

CAUTION

NWMLS monthly reports include an undisclosed and varying number of
sales from previous months in their pending and closed sales statistics.

October 2010 King Snohomish Pierce Kitsap Thurston Island Skagit Whatcom
Median Price 0.7% 7.8% 3.8% 2.9% 2.0% 11.5% 6.4% 0.4%
Listings 9.1% 5.7% 8.1% 5.5% 2.0% 5.4% 6.7% 6.4%
Closed Sales 25.5% 25.2% 20.7% 30.1% 19.6% 18.9% 29.9% 16.5%
SAAS 2.01 2.16 1.96 1.92 1.61 2.11 2.47 1.46

Same story as the last few months: sales way down, inventory up, prices still creeping down.

Summary

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Hit the jump for the rest of this month’s visualizations.

The visualization below looks at closed sales in each county in October 2009 and October 2010:

Closed Sales

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Sales down big everywhere, with Kitsap and Skagit edging out King for the largest YOY drop.

Here’s our comparison of median prices in each county at their respective peaks and in October 2010:

Change from Peak

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Still holding more or less steady as the dramatic drop in demand takes time to work through the pipeline.

Seasonally Adjusted Active Supply

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Skagit takes the title this month for best market for buyers.

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Next Post:
Redfin: Market Still on Pause in October
Previous Post:
November King Co. SFH Closed Sales to Drop Below 1K?

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