local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
With March 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 preview, drop a line…
A reader requested an update to the second derivative chart of Seattle home prices, so here we go. This is a chart of the rate of change in the year-over-year change—the second derivative. For a more detailed explanation and some highlights of past inflection points, check out the original 2012 introduction of this chart. Here’s…
Before we put away the January Case-Shiller data, let’s have a look at my favorite alternative Case-Shiller charts. First up, let’s take a look at the twenty-city month-over-month scorecard. Here’s the original post introducing this chart if you’d like more details. Click the image below for a super-wide version with the data back through 2000….
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 January data, Seattle-area home prices were: Down 0.8% December to January Up 11.9% YOY. Down 17.8% from the July 2007 peak Last year prices fell 0.3% from December to January and year-over-year prices were up 8.7%. Home prices in…