local real estate news, statistics, and commentary without the sales spin.
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data that was released today, Seattle-area home prices were: Up 1.1 percent January to February Up 11.0 percent YOY. Down 1.7 percent from the July 2007 peak Over the same period last year prices were up 0.9 percent…
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.
There was a slight divergence in January, with the low and middle tiers increasing and the high tier decreasing month-over-month…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to January data that was released today, Seattle-area home prices were:
Up 0.2 percent December to January
Up 10.7 percent YOY.
Down 2.8 percent from the July 2007 peak
Over the same period in 2014-2015 prices were down 0.5 percent month-over-month and year-over-year prices were up 6.8 percent.
The Seattle area’s month-over-month home price change was positive again in January…
Let’s have a look at the latest data from the Case-Shiller Home Price Index.
The Seattle area’s month-over-month home price change was positive in December, but not quite as high as it was in November. The year-over-year price change is inching back up almost into double digits, as well. The only possible sign of relief for home buyers is that the increase in year-over-year price gains is slowing just slightly.
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…