local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
Let’s 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 County (areas 100-130 &…
Here’s one more chart on the share of sales that were bank-owned homes. This one shows the share of sales that were bank-owned broken down by the NWMLS-defined regions. In this chart I’ve grouped zip codes into their approximate NWMLS regions, which break South County into SE King and SW King and display Seattle and…
As promised yesterday, it’s time to check up on median home sale prices broken down by distress status: Non-distressed, bank-owned, and short sales. As of April, the non-distressed median price for King County single family home sales sits at $444,000, up 6.5% from a year earlier and up 3.3% from March. Last year the month-over-month…
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In April 2012 15.2% of the sales of single-family homes in King County were bank-owned. In April 2013 that number was just 6.8%. The low point of the last few years was 5.7% in November. I wouldn’t…
It’s time for our detailed look at April’s foreclosure stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2013 King: 746 NTS, up 69% YOY Snohomish: 420 NTS, up 53% YOY Pierce: 598 NTS, up 124% YOY Same story as most of this year: still above last year’s…