According to the latest data from the Case-Shiller Home Price Index, the home price bust in Seattle is gaining steam again. Down 0.2% May to June. Down 7.1% YOY. Last year prices rose 0.65% from May to June, and year-over-year prices were up 7.9%. Here’s the usual graph, with L.A. & San Diego offset from…
Tag: graphs
Are More Pending Sales Falling Through?
I mentioned this in the comments on a recent post, but I think it’s interesting enough to merit its own post. Since we regularly track pending sales as our measure of monthly sales volume in the monthly charts, I was curious to know whether the credit crunch has caused closed sales volume to diverge from…
Puget Sound Counties July NWMLS Update
Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of July 2008: King – Price: -7.5% | Listings: +22.9% | Sales: -24.4% | MOS: 6.6 Snohomish – Price: -5.5% | Listings: +10.5% | Sales: -32.8% | MOS: 8.4 Pierce –…
July Neighborhoods Months of Supply Update
Here’s the latest update on months of supply, or “absorption rates” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Don’t forget you can view a map of these areas here. Remember: Over 6 MOS is a buyer’s…
New Market Analysis Tools from Redfin
Redfin rolled out some great new statistical features today that are definitely worth mentioning. Automated market statistics broken down by city, neighborhood, or zip code, with charts showing inventory, price per square foot, and price reduction trends over the last year. CEO Glenn Kelman announces the new features in a blog post today: Redfin released…