The local papers ran some new stories yesterday about the 2008 full-year report from the NWMLS (pdf). I thought the story would be better conveyed through a few simple charts.
Category: Statistics
Statistics, number-based analysis, etc.
Puget Sound Counties December Update
Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of December 2008: (Note: The “Sales” data below represents pending sales, not closed sales.) King – Price: -7.2% | Listings: +6.4% | Sales: -16.1% | MOS: 9.6 Snohomish – Price: -11.2%…
Fourth Quarter Sales in the Gutter, Delistings Stable
Let’s take a look at 2008’s fourth quarter closed sales volume for King County: That’s a drop of 31% from 2007, and also 31% from the previous quarter. The “usual” drop from Q3 to Q4 is 10-20%. At this point, I really don’t think sales have much further to drop. They’re practically as low as…
Stock Market Crash Historical Comparison Update
I thought it would be interesting to post an update on the stock market crash graph that I first posted back in October. In the chart below I have graphed the crashes of 1929, 1973, 1987, and 2001 alongside the current fall, with the peak points aligned near the left. Each crash is scaled on…
Puget Sound Foreclosures Continued Upward Trend in December
Here’s your December update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: December 2008 King: 660 NTS, up 105% YOY Snohomish: 296 NTS, up 67% YOY Pierce: 578 NTS, up 79% YOY The graphs below are derived from monthly Notice of Trustee Sale counts gathered at…