November Stats Preview: Double the inventory, double the fun

It’s pretty much the same story as last month: Home sales volume was down considerably from a year ago and the number of homes on the market is up dramatically, nearly doubling from a year ago. Foreclosures are still very rare, although the number of notices did tick up a bit month-over-month.

October Stats Preview: Inventory nearly doubles from 2017

Home sales volume was down considerably from a year ago in both King and Snohomish County last month, dipping over 16 percent in both counties. Meanwhile, the number of homes on the market began the usual seasonal declines, but were still up 83 percent in King County and 63 percent in Snohomish. Foreclosures are still very rare, although the number of notices did tick up a bit month-over-month.

Around the Sound: Inventory growth, sales declines spread outside of King County

With September’s stats in hand, let’s look at broader Puget Sound area. Here’s the latest update to our “Around the Sound” statistics for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

The biggest gains in new listings and active inventory are still in King County. Snohomish, Pierce, Kitsap and Thurston all also saw some decent gains in inventory, but in Island, Skagit, and Whatcom inventory was flat or still down. Meanwhile, closed sales are falling everywhere but Whatcom.

September Stats Preview: Sales drop over 25 percent from 2017 as listings continue to pile up

Home sales volume was at its lowest September level in six years for both King and Snohomish County last month, dipping over 22 percent from a year ago. As a result, the number of homes on the market hit its highest point since early 2012. Foreclosures are still at all-time lows…

July Stats Preview: The 2018 Listings Surge Continues

The 2018 listings surge continued in July, with on-market single-family inventory hitting its highest level since October 2013.

Here’s the overall summary for July: Sales fell both month-over-month and year-over-year. Listings shot up yet again. Foreclosures are still at all-time lows.

June Stats Preview: Listings surge even higher in June

Last month we noticed a big surge in listings in King County in our preview data for May, and in June it looks like the trend is getting stronger. On-market listings of single-family homes nearly hit their highest point in four years in June, surging 28 percent in a single month.

The overall summary for June is that sales edged up from May, but saw the biggest year-over-year decline since April 2011. Listings shot up and are starting to form a very interesting trend. Foreclosures are still few and far between.

Around the Sound: King County sees the biggest gains in listings

We know that inventory is growing in King County, but let’s look at broader Puget Sound area. Now that May is over, let’s update our “Around the Sound” statistics for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

The biggest gains in new listings and active inventory were in King County. Snohomish and Pierce also saw some decent increases, but further out it’s more of a mixed bag, with some counties still seeing declining listings and inventory.