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: Another New Low as Price Drops Slow
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 0.7% December to January. Down 4.0% YOY. Down 32.4% from the July 2007 peak Last year prices fell 2.4% from December to January and year-over-year prices were down 6.7%. Continuing toward zero…
All-Cash Buyers Dominating the Low End of the Market
Full disclosure: The Tim is employed by Redfin. As promised, I posted my all-cash buyer analysis to Redfin’s Seattle blog yesterday: 38% of Sales in King County Were Purchased With Cash in 2011 Here’s the chart from the post, with an added histogram based on your comments here earlier this week. Select which type of…
Jobs: The bleeding has finally stopped.
It’s been a few months since we last checked in on Seattle’s employment stats, so let’s update our employment charts again. First up, year-over-year job growth, broken down into a few relevant sectors: For the first time since 2005, every sector we track is in the black year over year. The bleeding has finally stopped….
Sneak Peek: 1 in 3 King County Home Sales are All-Cash
I’ve been running some data for an upcoming post on Redfin’s Seattle blog, and came across a surprising statistic: So far in 2012, 36% of sales in King County have been all-cash. This is up from a mere 12% in 2006. Meanwhile, another 32% of homes have been purchased with a good solid 20% or…