local real estate news, statistics, and commentary without the sales spin.
New local job stats came out this week, so let’s have a look at the Seattle area’s employment situation. First up, year-over-year job growth, broken down into a few relevant sectors: Since things are getting really jumbled together lately on that chart, I broke down just the last year and zoomed in so you can…
Although total active inventory is still near record lows, here’s some good news: inventory growth so far in 2013 is the best we’ve seen since 2008: As of the end of June there were 42.72% more listings on the market than there were at the beginning of the year. That just barely edges out the…
As promised last week, it’s time 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…
This poll was active 07.14.2013 through 07.20.2013
As promised earlier this week, 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 June, the non-distressed median price for King County single family home sales sits at $460,000, up 7.0% from a year earlier and up 4.3% from May. Last year…