local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
It’s been a few months since we took a look at the average, median, and mode prices all together, so let’s update that chart. One note, I thought of a way to improve on my estimate of mode price (definition of mode). Instead of generating a histogram of sale prices, then taking the midpoint of…
There were a couple of requests for more details on yesterday’s post of the low, middle, and high-end regions in King County. First up, Deejayoh’s request: …it would be interesting to see the trend on the absolute numbers rather than the relative percentages. No problem, here you go: Since each region is fairly close to…
It’s been quite a while since we’ve had a look at how King County’s sales are shifting between the different regions around the county, and it’s way past time for an update. The reason this is interesting is the interplay between sales shifts and median price. For example, as more sales occur in lower-priced areas,…
Ordinarily, when the calendar flips over to a new year, it’s like somebody flipped a switch. The direction of on-market inventory literally does a 180 in a single day, from a constant decline through the last quarter to a steady increase leading into spring. This year… not so much: Last year was fairly bad (which…
January market stats were published by the NWMLS this afternoon. Here’s their press release: Housing market “healing itself,” numbers are “astoundingly good” Pending sales may not appear to be much higher than 2011 (up 13.7 percent in January), but the numbers are “astoundingly good,” considering such factors as harsh weather and the tax credits that…