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: Winter Starts Early for Seattle Home Prices
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Down 0.6% August to September. Down 2.6% YOY. Down 24.6% from the July 2007 peak Last year prices fell 0.4% from August to September and year-over-year prices were down 13.8%. The post government-meddling double-dip continues unabated. So…
November King Co. SFH Closed Sales to Drop Below 1K?
Quick note: According to a search of closed SFH sales in the last month on Redfin, just 763 homes have sold in King County during that time (as of 9:00 AM this morning). I assume a relatively large number of sales may be back-logged from the long holiday weekend, but even if two hundred homes…
October Housing Stats Around the Sound
Let’s have a look at October county-wide stats from around the sound. As usual, courtesy Tableau Software (available free to use online), the Around the Sound update is rocking sweet interactive data visualizations. Feel free to download the old charts in Excel 2007 and Excel 2003 format. To get specific info about a certain point…
Is 1998 Price + Inflation a Fair Home Valuation Method?
Yesterday TheHulk brought up an interesting idea in the comments: Whenever I look at listings online, for older houses (aka houses built before 2000), in my mind I make up a figure on what that house price should be today. My stupid back-of-the-envelope calculation is as follows: Current price – 500K Last Sold – 250K…