September market stats have been published by the NWMLS. Here’s what they have to say about their numbers: "Wise Buyers" Taking Advantage of Chance to Get Stellar Homes. MLS director Pat Grimm, managing broker at Windermere RE/Capitol Hill in Seattle, reports an upsurge in people looking at properties, particularly move-up buyers. He attributes some of…
Category: Statistics
Statistics, number-based analysis, etc.
September Stats Preview: Falling Into Fall Edition
Now that September is in the bag, 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 line…
Case-Shiller Tiers: High Tier Shows the Only Gains in July
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 Prices Inch Up Slightly Post Tax Credit
Sorry this is a day late. I completely spaced yesterday about it being Case-Shiller Day. Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data, Up 0.1% June to July. Down 1.6% YOY. Down 23.5% from the July 2007 peak Last year prices fell 0.1% from June…
Big Picture Week: Unemployment and Foreclosures
To close out the week, let’s have a look at a couple of factors that are continuing to drag the local housing market down: unemployment and foreclosures. From 1990 through 2006, the average unemployment rate in King County was 4.9%. The unemployment rate is currently 8.0% (63% higher than the 1990-2006 average). Over that same…