I thought it might be interesting to re-visit the sales histogram chart that I first published a few times last year. To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of March. Since my data…
Tag: median
Every Home Price Percentile Down Significantly Since July
Here’s a new way to look at home prices. Rather than just measuring the median price of what sells each month, why not get a little more granular, and break down each month’s sales into five percentiles? Using detailed sales data obtained through the sweet csv download function on Redfin, I have grabbed King County…
May Sales Shift Toward More Expensive Homes
Here’s another update to our monthly sales spread histogram for King County SFH sales. According to my preliminary analysis of May data, the median price of SFH homes sold in May will probably rise around another $10,000 to about $385,000. However, this isn’t because homes are suddenly gaining value, but rather because people just bought more expensive homes in May, as you can see when you compare May to April in the interactive chart below…
Still a “Buyer’s Market” in Many Neighborhoods
Time for another update on the various neighborhoods around King County. First up is a map of SAAS across King County: SAAS Dash Powered by Tableau Only three areas were strongly in “seller’s market” territory in April (SAAS <1.75), while twelve were still relatively strong “buyer’s markets” (SAAS >2.25). The remaining fifteen markets were more…
Buyers Getting More House for Their Money Even as Median Prices Rise
In our conversation last week about median prices, David Losh brought up an interesting question: It would be interesting to see what the median price buys you this year compared to last year, or the year before. With some neighborhoods around Seattle showing year-over-year gains in their median prices, it would be informative to see…