Feedback from yesterday’s data included some of you requesting that I produce a longer-range version of the plot of average, median, and mode. Your wish is my command. Here are those aggregations going back to the beginning of 2007, which is as far back as I have been able to pull detailed sales data: The…
Category: Statistics
Statistics, number-based analysis, etc.
Average and Mode Price Fell Months Before the Median
Here’s a data set that I pulled a while ago and apparently forgot to post. In the chart below, in addition to the median price metric that we usually focus on, I’ve plotted the average price as well as the mode (after bucketing prices into $50k ranges): What’s interesting to me about this chart is…
Construction and Real Estate Still Shedding Jobs
It’s been a while since we had a look at local job growth data, so let’s update those charts. First up, year-over-year job growth, broken down into a few relevant sectors: Finance, real estate, and construction are all still shedding jobs, despite a slight year-over-year uptick in overall employment data, which seems to be bouyed…
Affordability Hits Record High on Low Rates & Price Drops
Here’s a headline from the Seattle Times that’s sure to get some attention: King County housing-affordability index best in 17 years Thanks to declining prices and record-low interest rates, houses in King County are more affordable now than they’ve been in at least 17 years, a new score card says. The county’s “housing affordability index”…
Local Factors Push Foreclosures to Unnatural Lows
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at September’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2011 King: 376 NTS, down 71% YOY Snohomish: 159 NTS, down 78% YOY Pierce: 239 NTS, down 70% YOY Another…