local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
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With August now behind us, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series…
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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…
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Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Seattle-area home prices were:
Up 1.1% May to June
Up 7.4% YOY…
Let’s see how listings have been doing in the last couple months. First up, here’s a look at new listings for just the last month, compared to July of every other year, and the same chart but for the last three months combined: New listings had been recovering somewhat in 2013 and 2014, but this…
It’s been a while since we took a look at how rents are comparing to home prices in the Seattle area. Both home prices and rents have been climbing quite a bit in the Seattle area lately. We would expect this with a booming local economy, but if home price gains been significantly outpacing rent…