Let’s have an updated look at our affordability index charts for the counties around Puget Sound.
As of October, affordability is still bad, but not terrible for home buyers. Median home prices have dipped just slightly in the last few months…
Category: Counties
County-wide statistics.
NWMLS: Sales Slip Slightly from September to October
October market stats were published by the NWMLS yesterday. I continue to be surprised that prices are not up 10 to 20 percent year-over-year, with the strong sales and weak inventory numbers we’ve seen all year…
October Stats Preview: Early Sales Dropoff Edition
Sales dropped off a decent amount month-over-month, during a time when they rose a year ago, so the year-over-year growth fell off dramatically. Meanwhile inventory in both counties saw another year-over-year decline that was the biggest in two and a half years. Foreclosure notices in both counties were down slightly month-over-month and year-over-year.
Case-Shiller Tiers: Low Tier Prices Increasing Fastest
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: Prices Gains Slow Slightly in August
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released today, Seattle-area home prices were: Up 0.3 percent July to August Up 7.6 percent YOY. Down 4.4 percent from the July 2007 peak Last year at this time prices were flat month-over-month and year-over-year…