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’s Summer of Stalled Prices Stretches On
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data, Up 0.2% September to October. Up 0.4% September to October (seasonally adjusted) Down 12.4% YOY. Down 22.4% from the July 2007 peak Last year prices fell 1.4% from September to October (not seasonally adjusted) and year-over-year prices…
Puget Sound Counties November Update
Let’s take a look at November NWMLS statistics from around the sound. Unfortunately, I’m a bit behind in updating the cool interactive charts, so a few static snapshots will have to do for this month. You can of course still download the spreadsheets in Excel 2007 and Excel 2003 format. Here’s our usual table of…
Short Sales Make Up Nearly 10% of Closed Sales in King Co.
As many of you probably know, Redfin has a great feature that allows you do download the results of any search to an Excel file. One aspect of this feature that you may not be aware of is that one of the fields that is populated on the resulting spreadsheet indicates whether or not each…
Personal Incomes Up Slightly, Homes Still Overpriced
The latest (third quarter) personal income stats from the Bureau of Economic Analysis came out today. Washington State showed a 0.6% increase from the second quarter to the third, but a record 1.5% year-over-year drop from the third quarter 2008. I thought it would be interesting to compare this measure to home prices. Keep in…