Back in July I posted a comparison of the total percentage gain during the boom years to the total percentage drop from peak to date across a bunch of markets, to see if I could establish a clear relationship or correlation between the two. I wanted to give a quick update on this analysis. As…
Category: Statistics
Statistics, number-based analysis, etc.
Puget Sound Counties October NWMLS 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 October 2008: King – Price: -11.7% | Listings: +2.7% | Sales: -22.4% | MOS: 8.3 Snohomish – Price: -10.8% | Listings: -6.0% | Sales: -28.0% | MOS: 10.9 Pierce –…
Foreclosures Continued to Increase in October
Here’s your October update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: October 2008 King: 643 NTS, up 82% YOY Snohomish: 331 NTS, up 128% YOY Pierce: 603 NTS, up 84% YOY The graphs below are derived from monthly Notice of Trustee Sale counts gathered at…
One in Five Pending Sales Failed to Close in Q3
With Q3 + 1 month now behind us, it’s time to take another look at the relationship between pending and closed sales. Recall that in Q2, a record-setting 15.9% of pending sales had fallen through and never showed up as closed sales. Here’s an update. The graph below shows quarterly King County SFH pending sales…
NWMLS: Home Prices Rewound to Late 2005
Time for October market statistics from the NWMLS. Here’s a snippet from the NWMLS press release: Housing Activity in Western Washington during October Described as "Disappointing, but Not Unexpected" Housing activity for Northwest Multiple Listing Service members was disappointing last month, but not surprising, according to one industry executive. He and other representatives of the…