Here’s another update to our monthly sales spread histogram for King County SFH sales. According to my preliminary analysis of May data, the median price of SFH homes sold in May will probably rise around another $10,000 to about $385,000. However, this isn’t because homes are suddenly gaining value, but rather because people just bought more expensive homes in May, as you can see when you compare May to April in the interactive chart below…
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.
Cheapest Homes: June Edition
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…
Mid-Week Open Thread (2010-06-02)
Here is your open thread for the mid-week on June 2nd, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…
May Stats Preview: Edge of a Closed Sales Cliff Edition
Time for our monthly stats preview now that May is behind us. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the preview, drop a line in the comments and I’ll see…
Economic Conditions Open Thread
Happy Memorial Day everyone. Since most readers are probably on holiday today, here’s a semi-open thread to discuss the economy. To kick things off, here are a few charts from Calculated Risk: So what do you think? Are we on the path to a full recovery, stalling just above the bottom, or headed for a…