By request, here’s an update to my table of housing stats for the top 30 largest cities in the country. Actually this time it’s the top 31, since Las Vegas got ousted from #30 by Oklahoma City the last time I did this list (in late 2010). Also of note: Detroit’s ongoing dramatic decline in…
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
Reader Question: Finding info on Seattle neighborhoods?
I recently received an email with this question from a reader about finding information on Seattle neighborhoods: After living in the Midwest for 40 years, it is time for a change. I have a close friend in Issaquah, and I’m selling all of my possessions – save my two loyal dogs – and fixin’ to…
Case-Shiller Tiers: Low Tier Inched Up in January
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Case-Shiller: January Home Prices Calm Before the Storm
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle-area home prices were: Down 0.3% December to January Up 8.7% YOY. Down 26.5% from the July 2007 peak Last year prices fell 0.7% from December to January and year-over-year prices were down 4.0%. Another month without…
Sale Prices Plateau as Listings Keep Tanking
It’s been a while since I posted an update of my charts based on the stats from Redfin’s King County region page, so let’s take a look at those. First up the median list and sale prices per square foot. Note that the list price below includes all homes on the market, whether or not…