Let’s take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South County (areas 100-130 &…
Category: Statistics
Statistics, number-based analysis, etc.
NWMLS: Record Low Inventory, Prices Approach a Flatline
March market stats were released by the NWMLS late yesterday. Here’s their press release: “Buyer Ready” Home Shoppers Have Edge as Brokers Report Rise in Multiple Offers. The housing market in the Puget Sound region is pointing toward a sustainable recovery, according to several brokers who commented on the March activity report from Northwest Multiple…
Seattle Population, Kids, & Ownership vs. Top 100 Cities
Some of us were talking a few weeks ago about how important schools are to buyers in the Seattle area relative to other cities and what percentage of families here have children. I decided to pull that data as well as some additional population and home ownership data on each of the 100 largest cities…
March Stats Preview: New Foreclosure Surge Edition
Now that March is in the rear view mirror, it’s time for another new 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, drop…
Price to Rent Ratio at Early 1998 Levels
It’s been about a quarter of a year since we last checked in on the Seattle-area’s price to rent ratio, so I thought I’d share an update of those charts. As of January (the latest Case-Shiller data available), Seattle’s price to rent ratio is down to just 2.5% above the 1990-2001 average, hitting its lowest…