Let’s try another rent vs. buy exercise to see if “all the excesses have already been removed” as some have claimed. Rather than delve into depth on a specific randomly-selected Seattle-area neighborhood, let’s instead look at what a specific type of house might cost you in multiple Seattle-area neighborhoods to rent vs. how much it…
Category: Statistics
Statistics, number-based analysis, etc.
NWMLS: Closed Sales Volume in Summer Holding Pattern
Looks like it’s time for September market statistics from the NWMLS. Here’s the NWMLS press release: Northwest MLS brokers agree "there’s a lot to be optimistic about". Here’s your King County SFH summary, with the arrows to show whether the year-over-year direction of each indicator is positive or negative news for buyers and sellers: September…
September Housing Market Stats Preview
With September in the bag, let’s have a look at the 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 Records. If you have additional stats you’d like to see in the “preview,” drop a line in the comments and…
Case-Shiller Tiers: High Tier Increased in July, Middle Tier Fell Most
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 Hold Steady Through Summer
It’s everybody’s favorite time of the month again. That’s right, time for the latest data from the Case-Shiller Home Price Index. According to July data, Down 0.1% June to July. Down 0.3% June to July (seasonally adjusted) Down 15.3% YOY. Down 22.3% from the July 2007 peak Last year prices fell 1.0% from June to…