Tag: Case-Shiller

Case-Shiller: Seattle Real Estate is Hot, Hot, HOT!

Posted on by The Tim

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 2.6 percent March to April
Up 12.9 percent year-over-year.
Up 15.7 percent from the July 2007 peak

Over the same period last year prices were up 2.1 percent month-over-month and year-over-year prices were up 10.7 percent.

Seattle home prices as measured by Case-Shiller shot up yet again to a new all-time high in April, and let the nation in month-over-month and year-over-year price gains for the third month in a row. We’re also the only market still seeing double-digit year-over-year price gains. #SeattleIsSpecial

Case-Shiller: Seattle Housing Market the Hottest In US

Posted on by The Tim

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 2.6 percent February to March
Up 12.3 percent year-over-year.
Up 12.7 percent from the July 2007 peak

Over the same period last year prices were up 2.4 percent month-over-month and year-over-year prices were up 10.9 percent.

Seattle home prices as measured by Case-Shiller shot up yet again to a new all-time high in March, and let the nation in month-over-month and year-over-year price gains for the second month in a row.

The near hockey-stick shape of some of these home price charts is starting to concern me.

Case-Shiller: Seattle-Area Home Prices Surged In February

Posted on by The Tim

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

Up 1.9 percent January to February
Up 12.2 percent year-over-year.
Up 10.0 percent from the July 2007 peak

Over the same period a year earlier prices were up 1.1 percent month-over-month and year-over-year prices were up 10.7 percent.

Seattle home prices as measured by Case-Shiller shot up yet again to a new all-time high in February.

Case-Shiller Tiers: January Sets Up Another Strong Year

Posted on by The Tim

It is a little late for this but it’s been a few months so I wanted to make sure we posted the update on Case-Shiller’s three price tiers.

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: < $334,320 (down 0.2%)
  • Mid Tier: $334,320 – $532,269
  • Hi Tier: > $532,269 (down 0.1%)

All three tiers are increasing month-over-month, and look to be setting up another year of big price increases.

Between December and January, the low tier increased 0.5 percent, the middle tier rose 0.5 percent, and the high tier was up 0.5 percent. Somehow this translates to an overall increase of 0.6 percent.

Case-Shiller: Seattle Home Prices Up, Up, Up In January

Posted on by The Tim

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

Up 0.6 percent December to January
Up 11.3 percent year-over-year.
Up 7.9 percent from the July 2007 peak

Over the same period a year earlier prices were up 0.1 percent month-over-month and year-over-year prices were up 10.5 percent.

Seattle home prices as measured by Case-Shiller inched up yet again to a new all-time high in January.