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…
Category: Statistics
Statistics, number-based analysis, etc.
Case-Shiller: Seattle HPI Bucked Seasonality in September
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Seattle-area home prices were: Up 0.3% August to September. Up 4.8% YOY. Down 26.1% from the July 2007 peak Last year prices fell 1.1% from August to September and year-over-year prices were down 6.5%. Although Seattle was…
Bank-Owned Sales Now Almost Exclusively at the Low End
It’s been a few months since I posted the histogram of monthly sales. Let’s take another look as of October’s data. To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of October. Since my data…
Seattle Area Unemployment Drops, More Jobs Added
Let’s take another look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Construction continues to post bigger gains than other sectors—up 8.9% year-over-year in October, versus an overall gain of 3.6%. Manufacturing has slipped somewhat in recent months, but is still the second-best-performing sector. Here’s…
Local Foreclosures Inched Up in October
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at August’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2012 King: 909 NTS, up 141.8% YOY Snohomish: 537 NTS, up 237.7% YOY Pierce: 642 NTS, up 168.6% YOY All…