Let’s check up on what’s happening with the Seattle-area housing market in early 2023, shall we?
Tag: months of supply
Seattle’s Summer of Slim Selection
With real estate’s “spring buying season” basically in the rear-view mirror, one would expect that the housing inventory shortage we’ve been seeing so far in 2012 might subside. Unfortunately, that does not yet appear to be the case. Both in King County as a whole and Seattle specifically, weekly inventory data from Redfin shows a…
April Neighborhoods Months of Supply Interactive Update
Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. In place of our usual boring static charts, this month we are proud…
Seasonally Adjusted Active Supply: A New Measure of Market Virility
With the increasing disparity between pending and closed sales, using “Months of Supply” as it is traditionally calculated to provide a measure of market “strength” is becoming more and more misleading. In order to address this issue, I have devised a new measure of market vitality: Seasonally Adjusted Active Supply (SAAS). To determine the SAAS,…
March Neighborhoods Months of Supply Update
[Note: Stay tuned to this space next month, when we’ll be introducing another round of sweet Tableau charts.] Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a…