Let’s have another look at our monthly sales histogram. The sales distribution curve flattened out a bit between November and December, with low-priced homes inching up and many of the high-price buckets dropping a bit. In November the mode (i.e. the bucket with the most sales) for non-distressed sales was at $350,000 to $400,000, with…
Tag: median
Eastside Sales Surge, Seattle Sales Slip
Let’s take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South County (areas 100-130 &…
Non-Distressed Median Up 6.5% in December
As promised on Wednesday, it’s time to check up on median home sale prices broken down by distress status: Non-distressed, bank-owned, and short sales. As of December, the non-distressed median price for King County single family home sales sits at $409,475, up 6.5% from a year earlier. An increase of 6.5% year-over-year is pretty strong,…
Sales of Expensive Non-Distressed Homes Surging
Let’s check in on the sales histogram again. In exploring this data, the biggest thing that jumps out to me is how much non-distressed homes above the median price have surged in the last year. Last November there were 407 non-distressed single-family homes sales in King County under $350,000 and 621 for $350,000 and up….
Eastside Prices Stall; Seattle & South King Gain Ground
Let’s take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South County (areas 100-130 &…