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Category: Counties

County-wide statistics.

Case-Shiller Tiers: Price Growth Slows Across the Board

Posted on August 27, 2014August 27, 2014 by The Tim

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…

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Case-Shiller: Price Growth Cooled Further in June

Posted on August 26, 2014August 26, 2014 by The Tim

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 8.6% YOY. Down 11.6% from the July 2007 peak Last year prices rose 1.8% from May to June and year-over-year prices were up 11.8%. The June data…

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Foreclosures Edged Up In July

Posted on August 21, 2014September 15, 2014 by The Tim

It’s a bit past time for our detailed look at July foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: July 2014 King: 458 NTS, down 16% YOY Snohomish: 174 NTS, down 38% YOY Pierce: 423 NTS, down 1% YOY The number of trustee sale notices continues to…

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Inventory Growth Continues at a Snail’s Pace

Posted on August 20, 2014August 20, 2014 by The Tim

Let’s take a closer look at how listings fared in July of this year compared to years past. First up, here’s a look at how many new listings hit the market in July, comparing July 2014 to July in every year I’ve got data for. New listings maintained the “six-year high” level they set back…

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Another Bubble? Affordability Only Sustained By Low Rates

Posted on August 14, 2014August 14, 2014 by The Tim

Continuing our “Another Bubble?” series, it’s time to take a look at the affordability index. As King County’s median home price has surged from $405,400 in February to $468,000 in July, the affordability index has dropped from slightly above the long-term average to just below 100. An index level above 100 indicates that the monthly…

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