local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
Full disclosure: The Tim is employed by Redfin. It’s been quite a while since I’ve posted any of the monthly market stats published by my employer, but since I’ve been spending a lot more time than usual knee-deep in these spreadsheets lately, I thought I’d share a few charts from the May update (xls). First…
Granted, I missed the pre-NWMLS stats window, but I’d still like to post the stats preview charts for May. 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…
May market stats were just released by the NWMLS. Two big firsts in this month’s data. The first month-to-month increase in inventory so far this year and the first time closed sales of single-family houses broke 2,000 in King County since August 2007. Now we finally know: Greg Perry’s 2009 prediction was just 3 years…
A reader emailed me to ask if I have “seen a bump in inventory” in the last few weeks. Unfortunately, I haven’t. Here’s a look at new listings by week since the beginning of the year, with last year plotted for comparison: The number of new listings each week did bump up a bit between…
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…