local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
With the final month of 2014 now behind us, let’s have a look at our 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 the…
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…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Seattle-area home prices were: Down 0.1% September to October Up 6.2% YOY. Down 11.4% from the July 2007 peak Last year at this time prices were still rising. They increased 0.3% from August to September and year-over-year…
Let’s have a look at the jobs data for November and how the Seattle area’s unemployment rate and approximate labor participation rate alongside the national numbers. Since dropping below 5 percent in June, the Seattle area’s unemployment rate has been relatively steady at 4.7-4.8 percent. November’s 4.7 percent unemployment rate wasthe same level unemployment was…
It’s time for our detailed look at November foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: November 2014 King: 233 NTS, down 50% YOY Snohomish: 177 NTS, down 42% YOY Pierce: 232 NTS, down 45% YOY The number of trustee sale notices was down big yet again…