Here’s our monthly look at Seattle’s price tiers from Case-Shiller. Remember that Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Now here come the graphs. First up is the straight graph of the index from January 2000 through May 2008. Click to enlarge As you can see,…
Category: Statistics
Statistics, number-based analysis, etc.
Case-Shiller: Let the Decline Continue
Last month’s Case-Shiller data showed a slight increase in prices month to month, possibly signaling the end of the bust for Seattle. Or not. This month’s Case-Shiller Home Price Index would seem to indicate that the bust is not over yet. Down 0.5% April to May. Down 6.3% YOY. Last year prices rose 0.95% from…
June Neighborhoods Months of Supply Update
Here’s the latest update on months of supply, or “absorption rates” 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. I apologize for the tardiness, I was hoping to have the color-coded map ready by this month’s update,…
Anemic Second Quarter Home Sales
A reader suggested that a good way to visualize the current state of the local housing market would be to look at quarterly home sales. Here’s a chart of the total closed SFH sales in King County for every quarter we have data for from the NWMLS, back through 2000: Click to enlarge Note that…
Thousands of Sellers Gave Up in June
Those of you that have been following King County inventory may have noticed something a little odd about June’s official end-of-month inventory count from the NWMLS. While the number of listings appearing on local home search sites seemed to indicate that June’s inventory would be a few hundred higher than May, the NWMLS statistics for…