Let’s have another look at our monthly sales histogram. Sales across all price tiers got a big boost in March, while the sales curve stayed basically the same shape as February. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the $400,000 to $450,000 bucket in February down to the…
Tag: median
South King and Eastside Sales Neck and Neck
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 &…
Southwest King County Still Most-Distressed
I haven’t posted this in a few months, but here’s a chart that I keep of the share of sales in each NWMLS region that were bank-owned. In this chart I’ve grouped zip codes into their approximate NWMLS regions, which break South County into SE King and SW King and display Seattle and N King…
Non-Distressed Median Price Gains Slow
As promised last week, 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 March, the non-distressed median price for King County single family home sales sits at $432,000, up 6.7% from a year earlier and up 1.6% from February. Not much of…
Sales of $200K-$300K Homes Dipped in February
Let’s have another look at our monthly sales histogram. After sharpening in January, the sales curve flattened out again in February, with home sales between $200,000 and $300,000 taking a hit while home sales between $400,000 and $500,000 bumped up. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the…