local real estate news, statistics, and commentary without the sales spin.
County-wide statistics.
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In March 2012 20.1% of the sales of single-family homes in King County were bank-owned, just a few points below the highest level on record. In March 2013 that number was just 7.7%. As predicted, after bumping…
Now that March is done, and April 1 fun is done, 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…
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 0.3% December to January Up 8.7% YOY. Down 26.5% from the July 2007 peak Last year prices fell 0.7% from December to January and year-over-year prices were down 4.0%. Another month without…
It’s been a while since I posted an update of my charts based on the stats from Redfin’s King County region page, so let’s take a look at those. First up the median list and sale prices per square foot. Note that the list price below includes all homes on the market, whether or not…