local real estate news, statistics, and commentary without the sales spin.
Statistics, number-based analysis, etc.
Let’s take another look at what share of the monthly sales are being distressed sales—bank-owned and short sales. In March 2012 20.1% of the sales of single-family homes in King County were bank-owned, just a few points below the highest level on record. In March 2013 that number was just 7.7%. As predicted, after bumping…
It’s time for another update of our interactive chart of Consumer Confidence. You can drag the time sliders below the chart to view data going all the way back to 1998. Here’s the data as of March: At 57.9, the Present Situation Index has gained 187% from its December 2009 low point, but fell 6%…
Now that March is done, and April 1 fun is done, let’s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in…
By request, here’s an update to my table of housing stats for the top 30 largest cities in the country. Actually this time it’s the top 31, since Las Vegas got ousted from #30 by Oklahoma City the last time I did this list (in late 2010). Also of note: Detroit’s ongoing dramatic decline in…
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. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…