Due to the definition change by the NWMLS in both the numerator and the denominator in the “months of supply” calculations, I am changing the regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of…
Category: Statistics
Statistics, number-based analysis, etc.
Puget Sound Counties Interactive May Update
It’s time for our regularly-scheduled check on NWMLS statistics from around the sound. Once again, courtesy Tableau Software, the Around the Sound update is rocking exclusive interactive data visualizations. After about 5:00 today, data will be updated in the old charts in Excel 2007 and Excel 2003 format. To get specific info about a certain…
May Foreclosures Up 69% from 2008 in King County
Time for our May update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: May 2009 King: 992 NTS, up 69% YOY Snohomish: 511 NTS, up 72% YOY Pierce: 726 NTS, up 43% YOY Here’s a simple look at how May’s foreclosures compare to the same month…
NWMLS: Closed Sales Picking Up Steam, Still Below 2008
Let’s take a look at May market statistics from the NWMLS. I’ll update this post with a link to their press release when they post it. [Update] Here it is: Inventory shrinking, sales rising, prices stabilizing in some Northwest MLS areas Here’s your King County SFH summary, with helpful arrows to show whether the direction…
What does Personal Income tell us about near future home prices?
There have been a couple of discussions in the comments section in the last week or so about the relationship between home prices and incomes. I thought it would be a good time to queue up a post about the long-term price-to-income trends, where we are now, and what the possible outcomes could be. The…