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…
Tag: Case-Shiller
Case-Shiller: Anemic Spring Bounce in April
Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to March data, Up 0.2% March to April. Down 16.8% YOY. Down 22.3% from the July 2007 peak Last year prices rose 0.7% from March to April and year-over-year prices were down 4.9%. Here’s the usual graph, with L.A. & San…
Case-Shiller Tiers: Low Tier Passes 25% Off Peak
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…
Case-Shiller: Seattle Price Drops Keep Gaining Steam
Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to March data, Down 2.0% February to March. Down 16.4% YOY. Down 22.5% from the July 2007 peak Last year prices fell 0.9% from February to March and year-over-year prices were down 4.4%. Here’s the usual graph, with L.A. & San…
A Few Different Takes on Seattle-Area Home Prices
A commenter on this week’s poll requested a graph of the total monthly dollar volume of all NWMLS-reported closed sales. So, here it is: Since prices are still higher than 2000-2004, I was actually not expecting this year to show up so low. I also found it interesting how closely 2005, 2006, and the first…