local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to December data, Seattle-area home prices were: Down less than 0.1% November to December Up 6.6% YOY. Down 11.7% from the July 2007 peak Last year at this time prices fell 0.5% month-over-month and year-over-year prices were up 12.4%. Year-over-year…
It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South…
Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the fourth quarter numbers below represent pending sales from September, October, and November and…
January market stats were published by the NWMLS yesterday. Before we get into our monthly stats, let’s have a look at their press release. Spring market “not waiting for tulips” but limited inventory frustrates homebuyers Home sales this super bowl season outpaced a year ago as sidelined buyers emerged to compete for limited inventory, according…
Now that we’re already a full month into 2015, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: Listings inventory hit another new all-time low in King…