Case-Shiller Tiers: To. The. Moon.

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 on the tier methodologies, hit the full methodology pdf. Here are the current tier breakpoints:

  • Low Tier: < $373,070 (up 0.2%)
  • Mid Tier: $373,070 – $604,377
  • Hi Tier: > $604,377 (up 0.3%)

Case-Shiller: Seattle kicks off 2018 with surging home prices

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data that was released this week, Seattle-area home prices were:

Up 0.7 percent December to January
Up 12.9 percent year-over-year.
Up 21.8 percent from the July 2007 peak

Over the same period last year prices were up 0.6 percent month-over-month and year-over-year prices were up 11.3 percent.

Seattle still leads the nation in year-over-year price growth. The only other metro areas with double-digit price growth from a year earlier are Las Vegas at 11.1 percent and San Francisco at 10.3 percent.

Case-Shiller: Seattle home prices edged down just barely in October

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to October data that was released this week, Seattle-area home prices were:

Down 0.1 percent September to October
Up 12.7 percent year-over-year.
Up 20.0 percent from the July 2007 peak

Over the same period last year prices were up 0.1 percent month-over-month and year-over-year prices were up 10.6 percent.

Seattle still has by far the largest year-over-year price growth, despite falling off just slightly in each of the last three months of data. The only other city with double-digit price growth from a year earlier is Las Vegas at 10.2 percent.

Case-Shiller: Seattle Home Price Gains Still Strong in August

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released this morning, Seattle-area home prices were:

Up 0.2 percent July to August
Up 13.2 percent year-over-year.
Up 20.4 percent from the July 2007 peak

Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 11.3 percent.

Here’s an update of the chart I posted last month showing the year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half…

Case-Shiller: Everybody get on board the Seattle real estate rocket ship!

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data that was released this morning, Seattle-area home prices were:

Up 0.6 percent June to July
Up 13.5 percent year-over-year.
Up 20.2 percent from the July 2007 peak

Over the same period last year prices were up 0.6 percent month-over-month and year-over-year prices were up 11.2 percent.

To get a sense of just how nuts it is here in Seattle compared to pretty much everywhere else, consider this chart of year-over-year home price changes in all twenty Case-Shiller cities over the past year and a half…

Case-Shiller: Seattle On Top Again in June

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to June data that was released this morning, Seattle-area home prices were:

Up 1.4 percent May to June
Up 13.4 percent year-over-year.
Up 19.4 percent from the July 2007 peak

Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 11.0 percent.

Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in year-over-year home price growth. However, there was one city that passed Seattle in month-over-month price gains in June—Detroit, of all places.

Case-Shiller: Seattle Home Prices the hottest in the nation. Again.

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data that was released this morning, Seattle-area home prices were:

Up 1.8 percent April to May
Up 13.3 percent year-over-year.
Up 17.7 percent from the July 2007 peak

Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 10.7 percent.

Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in month-over-month and year-over-year home price growth. Thanks, Amazon.