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: Seattle Gets a Teeny Tiny Spring Bounce
Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to March data, Seattle home prices were: Up 0.1% February to March. Down 7.5% YOY. Down 30.9% from the July 2007 peak Last year prices also rose 0.1% from…
Redfin: Sales, Inventory, and Prices All Still Falling
Full disclosure: The Tim is employed by Redfin. Last Wednesday Redfin released their April market data. Here’s an excerpt from the narrative (which I also wrote): “Buyers are excited to start looking for homes,” says Corey St John, a Redfin Capitol Hill Agent, “…until they see what’s available.” By this time of year, the selection…
Foreclosures Dip Just a Bit in April
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 2011 King: 912 NTS, down 30% YOY Snohomish: 547 NTS, down 15% YOY Pierce: 602 NTS, down 18% YOY The…
NWMLS: Market “Warming” (Just Like EVERY Spring)
March market stats were published by the NWMLS yesterday. Here’s what they have to say about their numbers: Housing market "warming" as brokers report multiple offers in some areas. Home sellers around Washington state are starting to a see something that had all but vanished in recent months: multiple offers. Several directors of Northwest Multiple…