RT @TechFlash: Northwest MLS apologizes for 'confusion' in tech upgrade http://bit.ly/cz48dU # KUOW – "Foreclosures Hit Home In The Northwest" http://is.gd/cyxxY # RT @westseattleblog: Once stately, now trashed … the Shoremont on Alki is officially for sale – but no asking price! http://is.gd/cyzQR # Foreclosure process in WA takes 390 days on avg. according to…
NWMLS: Pending Sales Predictably Plummet
May market stats have been published by the NWMLS. Here’s a link to the NWMLS press release (not live quite yet): Home sales adjusting after surge before tax credits expired. Home sales during May tapered off around Washington state following a surge of activity in April as buyers hustled to meet deadlines for tax credits….
Heatmap of Average Prices for 2010 Home Sales
Yesterday, in response to the sales histogram I posted, a reader asked: Where the hell are all of these sub-350k houses? That’s just the sort of question that a zip code heat map might answer. So here you go. HeatMap Powered by Tableau Unfortunately Tableau does not have a median function, so average price will…
May Sales Shift Toward More Expensive Homes
Here’s another update to our monthly sales spread histogram for King County SFH sales. According to my preliminary analysis of May data, the median price of SFH homes sold in May will probably rise around another $10,000 to about $385,000. However, this isn’t because homes are suddenly gaining value, but rather because people just bought more expensive homes in May, as you can see when you compare May to April in the interactive chart below…
Cheapest Homes: June Edition
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…