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 &…
Poll: When do you think active King County single-family inventory will get back above 4,000?
This poll was active 01.20.2013 through 01.26.2013
Weekly Twitter Digest (Link Roundup) for 2013-01-18
I missed this on Friday: Tacoma-area Westside Community Bank was closed by the FDIC: http://t.co/IjAgkO3f -> "Old Buildings May Be On Chopping Block In South Lake Union" http://t.co/ThbgDkh0 via @KUOW -> "Developer sues Kirkland for limiting size of his project" http://t.co/ppqtabJv via @SeattleTimes -> "Days of big rent increases for apartments may be over, especially…
Non-Distressed Median Up 6.5% in December
As promised on Wednesday, 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 December, the non-distressed median price for King County single family home sales sits at $409,475, up 6.5% from a year earlier. An increase of 6.5% year-over-year is pretty strong,…
Foreclosures Spike Up to Close 2012
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at December’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: December 2012 King: 1,031 NTS, up 198.8% YOY Snohomish: 609 NTS, up 278.3% YOY Pierce: 770 NTS, up 237.7% YOY All…