As January 2011 fades into the distance in the rear view mirror, it’s time for another monthly stats preview. 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: Low Tier Falling Nearly 10% YOY
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 Still Hitting New Lows
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Down 1.1% October to November. Down 4.7% YOY. Down 26.4% from the July 2007 peak Last year prices fell 0.5% from October to November and year-over-year prices were down 10.6%. November’s data marked another new post-peak low…
2011: Where’s the Inventory?
Most years, when the calendar flips over to January, it’s like the “new inventory on” switch has been flipped. In 2009 and 2010, by the end of January there were 8-12% more listings on the market than there were at the beginning of the month. This year though, things seem to be shaping up differently:…
What’s With the December Bump in Closed Sales?
As promised, I’d like to take a little time to go into the odd December bump in closed sales according to the numbers released this week by the NWMLS. Here are the three points I’ll be covering: There definitely was a bump in sales in December. The NWMLS numbers overstate the size of the bump….