local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data, Seattle-area home prices were: Up 1.7% February to March. Down 1.3% YOY. Down 31.8% from the July 2007 peak Last year prices rose 0.1% from February to March and year-over-year prices were down 7.5%. I stand by…
In order to quantify just how absurd this year’s spring bounce has been, here are a few charts I generated from the single-family home data on Redfin’s region page for King County: Listings continue to drop through the floor. The selection this year really is abysmal. Meanwhile, listing prices are soaring through the roof. They…
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at April’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2012 King: 441 NTS, down 51.6% YOY Snohomish: 275 NTS, down 49.7% YOY Pierce: 267 NTS, down 55.6% YOY Slightly…
We’ve been hearing a lot about how much hotter this spring has been than spring in other recent years, and the stories of “bidding wars” seem to be getting a lot more frequent. I decided to see if we could visualize this trend by plotting the percentage of houses that sell for over their list…
It’s been a few months since we visited the subject of consumer confidence, so let’s update our interactive chart again. You can drag the time sliders below the chart to view data going all the way back to 1998. Powered by Tableau At 51.4, the Present Situation Index has gained 154% from its December 2009…