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…
Category: Counties
County-wide statistics.
Case-Shiller: Seattle’s Spring Bounce Picks Up Steam
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Up 1.6% March to April. Down 6.9% YOY. Down 29.7% from the July 2007 peak Last year prices rose 1.0% from March to April and year-over-year prices were down 2.8%. Interesting that here in Seattle this year…
One in Four Non-Distressed Homes Pending in 2 Weeks
I ran some numbers last week that I thought might be interesting to share here. The question I was trying to answer was “how many homes are selling quickly in today’s market?” So I pulled some data on listings to find out what percentage of listings that came on the market in a given week…
Drop in Foreclosures Extends Another Month
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at May’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2011 King: 834 NTS, down 24% YOY Snohomish: 522 NTS, down 12% YOY Pierce: 541 NTS, down 27% YOY Foreclosure…
Another Reminder that “Pending Sales” are Near-Useless
Here’s a visual I intended to whip up last week but ran out of time for. I noticed in the pending sales chart that 2011’s pending sales were trending fairly closely with the pre-bubble trend from 2000-2002, but when I looked over to the closed sales chart, the lines where nowhere near each other. I…