NWMLS: Listings up, sales flat, prices fall in May

The NWMLS published their May stats today, so let’s take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year in May, the third month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this week, the rate of increase is rapidly declining from the all-time high set in December. Pending and closed sales are increasing, but only modestly.

May Stats Preview: Not Dead Yet Edition!

Remember, you can always get access to the Seattle Bubble spreadsheets by supporting my ongoing work as a member of Seattle Bubble. Hey look who it is. That Seattle Bubble guy. He’s not gone after all. Seriously though, everything is fine. Things just got a bit busy. Let’s have a look at the May stats, […]

Around the Sound: Inventory up, sales down across the board

It’s been a few months since we had a look at the stats in the broader Puget Sound area, so let’s update our charts through March. Here’s the latest update to our “Around the Sound” statistics for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

King County still has some of the most dramatic changes, as the only county with a drop in the median price and by far the biggest increase in active listings. That said, active listings are up and closed sales are down across the board. Skagit, Kitsap, Pierce, and Thurston all still saw double-digit year-over-year declines in sales…

NWMLS: Prices down, listings way up, sales flat from a year ago

The NWMLS published their March stats today, so let’s take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year in March, falling more than it has since March of 2012. Inventory was up from a year ago again, but the increase was the smallest in the last five months. Pending sales recovered from the February snow storm dip, but were only up five percent…

March Stats Preview: Inventory still up big, but gains slow even as home sales slip

Let’s take a look at our early March housing stats.

Overall the market is still moving in a direction favorable to buyers, but more slowly than it was late last year. By March of this year inventory is already at levels that it didn’t hit until May or June last year. Meanwhile, sales are still down from a year earlier. Foreclosures are still not really an issue at all right now…

Case-Shiller: Seattle home price gains below average in January

It’s been a while since we posted our Case-Shiller charts and dashboards, so let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data that was released yesterday, Seattle-area home prices were: Down 0.3 percent December to January…

NWMLS: Home prices back in black, snow storm freezes out pending sales

Let’s play some catchup and take a look at February market stats from the NWMLS. The King County median price of single-family homes was basically flat year-over-year in February, inventory was way up from a year ago but not by as much as it has been, and pending sales slipped thanks to the nasty weather…