Time for another update on the various neighborhoods around King County. First up is a map of SAAS across King County: SAAS Dash Powered by Tableau Only three areas were strongly in “seller’s market” territory in April (SAAS <1.75), while twelve were still relatively strong “buyer’s markets” (SAAS >2.25). The remaining fifteen markets were more…
Category: Neighborhoods
Buyers Getting More House for Their Money Even as Median Prices Rise
In our conversation last week about median prices, David Losh brought up an interesting question: It would be interesting to see what the median price buys you this year compared to last year, or the year before. With some neighborhoods around Seattle showing year-over-year gains in their median prices, it would be informative to see…
Declines in King’s Median Price Softened by Sales Shifts
Yesterday in our discussion about the wide variety of median price changes in neighborhoods around King County, a question came up: How can two thirds of the neighborhoods be experiencing median price declines but the county-wide median is basically flat? This is a phenomenon we have addressed here in the past, but since it has…
Median Prices Still Crashing in Some Neighborhoods
As we were digging through the February data from the NWMLS, some of us noticed something interesting. While the county-wide median price was basically flat year-over-year, there is a pretty strong divergence from region to region around the county. Here’s what the YOY median price breakdown looks like at the region level: SW King: -12.8%…
January Seasonally-Adjusted Active Supply by Neighborhood
Let’s check in on our January monthly neighborhood update to the neighborhood breakdown of Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of the areas discussed in this post. As usual, courtesy Tableau Software (available free to use online),…