Let’s have a look at December market statistics from the NWMLS. Here’s the NWMLS press release: Northwest MLS members expecting "market observers" will become "market participants" Frigid temperatures and record snowfall brought home sales to a standstill for several days in December. The unusual weather, when coupled with the expected holiday slowdown, contributed to a…
Category: Statistics
Statistics, number-based analysis, etc.
Case-Shiller Tiers: Tiers Drop From Peak in Lockstep
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. First up is the straight graph of the index from January 2000 through October 2008. Prices fell at virtually the same rate in…
Case-Shiller: Seattle Hits 10% YOY Price Drops
It’s time once again for our monthly update to the Case-Shiller Home Price Index. According to October data, Down 1.4% September to October. Down 10.2% YOY. Down 11.4% from the July 2007 peak Last year prices fell 0.94% from September to October and year-over-year prices were up 3.3%. Here’s the usual graph, with L.A. &…
Delistings Stabilized in November
Here’s the breakdown of homes on the market and homes that went off the market last month in King County (SFH only). While the number of delistings had been dramatically increasing year-over-year earlier since June last year—even reaching 200% YOY in April—the rapid growth seems to have leveled off, with November’s 1,758 delistings nearly matching…
November Neighborhoods Months of Supply Update
Let’s close out the week with a look at “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. November MOS for King County as a whole came…