Okay, now that the first month of 2012 is behind us, let’s have an early look at January’s stats. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in…
Category: Counties
County-wide statistics.
Case-Shiller Tiers: Seattle’s Low Tier Still Losing Big
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: Seattle Home Prices Hit New Post-Peak Low
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Seattle-area home prices were: Down 1.2% October to November. Down 6.3% YOY. Down 31.0% from the July 2007 peak Last year prices fell 1.1% from October to November and year-over-year prices were down 4.7%. No big surprise…
Inflation-Adjusted Commissions Up 25% From Pre-Boom
By request of ChrisM and Alex, I ran the commission numbers I posted Friday through an inflation-adjustment. The chart below plots the total yearly commissions on single-family home sales in King County in 2011 dollars, adjusted based on the Bureau of Labor Statistics Consumer Price Index for the Seattle area (series CUURA423SA0). After you adjust…
Total Commissions Cut in Half Since 2005 Peak
Here’s a different take on sales and price data that I found interesting. I took the total sales volume of single-family homes in King County for each year and multiplied it by the full-year average sale price, then took six percent of that amount to arrive at a total amount of potential commission paid to…