September market stats were published by the NWMLS this afternoon. Here’s their press release: Northwest MLS brokers say September activity reflects "healthy activity, positive trends" “This market is proving to be challenging, but not for the reasons you might think,” said OB Jacobi, president of Windermere Real Estate Co. He pointed out interest rates are…
Category: Counties
County-wide statistics.
Case-Shiller Tiers: Bottom Still Falling Out of Low Tier
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 Slipping Behind in Summer
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Up 0.1% June to July. Down 6.4% YOY. Down 28.5% from the July 2007 peak Last year prices rose 0.1% from June to July and year-over-year prices were down 1.6%. Seattle’s Case-Shiller index has risen now for…
Foreclosures: Still on the Decline from 2010
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: August 2011 King: 776 NTS, down 36% YOY Snohomish: 385 NTS, down 39% YOY Pierce: 461 NTS, down 44% YOY Foreclosure…
August Stats Snapshot: 2011 vs. “Normal”
I thought it might be interesting to take a look at the latest NWMLS data in a slightly different format than usual. In the charts below I have plotted August 2011’s data on closed sales, pending sales, and inventory. Next to that I have also plotted the average values for every August from 2000 through…