local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
Before we put away the May 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….
Now that the month of July is behind us, let’s have a look at our 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,…
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 May data, Seattle-area home prices were: Up 3.1% April to May Up 11.9% YOY. Down 20.1% from the July 2007 peak Last year prices rose 2.6% from April to May and year-over-year prices were up 0.6%. Still no surprises,…
Let’s take one more look at how listings are recovering over the last few months. This first chart shows the difference between the number of new listings each month and the number of pending sales. Prior to late 2011 this number was almost always positive, except in December, when very few new listings hit the…