It’s been quite a while since we’ve had a look at how King County’s sales are shifting between the different regions around the county, and it’s way past time for an update. The reason this is interesting is the interplay between sales shifts and median price. For example, as more sales occur in lower-priced areas,…
Tag: King-geographic-sales
Declines in King’s Median Price Softened by Sales Shifts
Yesterday in our discussion about the wide variety of median price changes in neighborhoods around King County, a question came up: How can two thirds of the neighborhoods be experiencing median price declines but the county-wide median is basically flat? This is a phenomenon we have addressed here in the past, but since it has…
Geographic Sales Shifts: South County Gains Back Some Ground
Let’s check in on an update of how the sales volume is breaking down among the different price tier regions around the county. For a more in-depth explanation of the process and reasoning behind this data, hit this post. As of August, this is where the median prices were for our regions: low end (South…
Geographic Sales Shifts: Seattle Still Pulling More Sales
Let’s check in on an update of how the sales volume is breaking down among the different price tier regions around the county. For a more in-depth explanation of the process and reasoning behind this data, hit this post. As of July, this is where the median prices were for our regions: low end (South…
Median Price Still Being Distorted by Geographic Shifts in Sales
It’s been nearly two years since we originally detailed how changes in the sales mix affects the median price, and with King County’s SFH median bumping up over $30,000 in the last three months, now seems like a good time for a refresher course. In brief, the median price is simply the middle point—the home…