A Few Properties Still Seeing Multiple Bids

I wonder if Aubrey Cohen is getting story ideas from reading Seattle Bubble? In the big front page feature article in today’s P-I, Aubrey takes a look at something a that a few home seekers commenting here have talked about: the continued competition for homes in a handful of certain price ranges and neighborhoods. Erin […]

March Neighborhood Months of Supply Update

Here’s the latest update on months of supply, or “absorption rates” 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. Remember our metric: less than 6 MOS is a sellers market and above 6 is a buyer’s market, […]

February Neighborhood Months of Supply Update

I was going to spread out the stats posts a bit, but since people have been asking for months of supply (a.k.a. “absorption rate”) data after yesterday’s inventory post, I’m posting it today. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Keep in mind that […]

February Neighborhood Inventory Update

Here’s an update to the King County single-family neighborhood inventory growth charts I first posted last month. The data that makes up these charts is publicly available from the NWMLS, and can be found in the NWMLS King County Breakout pdfs. Keep in mind that what’s being plotted here is total percent growth since January […]

2007 Neighborhood Months of Supply Breakdown

Let’s do some more number-crunching and neighborhood analysis. Here’s a detailed look at single-family house “months of supply” (MOS) over the last year, broken down by neighborhood. “Months of supply” is just a way of looking at the relationship between the number of homes on the market and the number of sales taking place. To […]

2007 Neighborhood Inventory Breakdown

In a lot of the feedback we’ve been getting lately, two recurring themes are a desire for more number-crunching and more neighborhood analysis. So, let’s have some of both those things. Let’s take a more detailed look at single-family house inventory over the last year, broken down by neighborhood. What I’ve done below is to […]

Poll: Which neighborhood will hold up best in a downturn?

In related news, Seattle Bubble wins round 1 of the Metroblogging Seattle contest. Huzzah, time for round 2! Take a few seconds to vote for Seattle Bubble. Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 02.16.2008.