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NWMLS: Median Price Spikes as Bank-Owned Sales Dip

Posted on May 3, 2012May 3, 2012 by The Tim

March market stats were just released by the NWMLS. Here’s their press release: Western Washington housing market “energized” and showing signs of “definite turnaround”. Northwest Multiple Listing Service brokers reported double-digit gains in both pending and closed sales during April compared to a year ago, but the most eye-catching number may pertain to prices. For…

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Cheapest Homes: May 2012 Edition

Posted on May 3, 2012May 3, 2012 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…

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Reader Question: Did I Just Step Into a Shark Tank?

Posted on May 2, 2012May 2, 2012 by The Tim

I received the following pair of emails from Seattle Bubble readers in the last few weeks, both describing a similar frustration with today’s housing market in Seattle. They’re a little long, but both worth reading. Here’s the first one: My husband and I are hoping to buy a house sometime this summer in the Shoreline…

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April Stats Preview: Long-Term Listings Loss Edition

Posted on May 1, 2012May 1, 2012 by The Tim

With April behind us, it’s time for another new 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 the preview, drop a line in the comments…

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Top Floor Unit at 1521 Sells for 27% Off 2009 Price

Posted on April 30, 2012May 2, 2012 by The Tim

The crazy-luxury condo building at 1521 2nd Avenue—where the starting price is $1 million—is described on their website as follows: It is the West Coast’s most successful condominium high-rise community with established market values. In light of the “established market values” comment, I find it interesting to note (hat tip to WestSideBilly) that Unit 3802,…

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Real Estate Market Chart by Altos Research www.altosresearch.com

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Real Estate Market Chart by Altos Research www.altosresearch.com

Real Estate Market Chart by Altos Research www.altosresearch.com

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