As promised, I’d like to take a little time to go into the odd December bump in closed sales according to the numbers released this week by the NWMLS. Here are the three points I’ll be covering: There definitely was a bump in sales in December. The NWMLS numbers overstate the size of the bump….
Category: Statistics
Statistics, number-based analysis, etc.
NWMLS: Closed Sales Allegedly Spike 33% in December
December market stats have been published by the NWMLS. Here’s their press release: Western Washington home sales during December nearly equals year-ago levels. “If you were in any mall in Washington state in December, you got the feeling that the economy is headed in the right direction,” said OB Jacobi, president of Windermere Real Estate…
December Stats Preview: Surprise Sales Spike Edition?
With the last month of 2010 behind us, it’s time for another monthly 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 a…
Case-Shiller Tiers: All Tiers Take a Hit in October
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…
Case-Shiller: Seattle Home Prices Hit New Post-Peak Low
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Down 1.3% September to October. Down 4.1% YOY. Down 25.6% from the July 2007 peak Last year prices rose 0.2% from September to October and year-over-year prices were down 12.4%. October’s data marked a new post-peak low…