local real estate news, statistics, and commentary without the sales spin.
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 &…
Here’s one more chart on the share of sales that were bank-owned homes. This one shows the share of sales that were bank-owned broken down by the NWMLS-defined regions. 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…
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Multiple offers…
March market stats were published by the NWMLS this morning. Here’s a snippet from their press release: Multiple offers are "the new normal" for housing market around Puget Sound. “Multiple offers have become the new normal,” remarked MLS director Diedre Haines, the Snohomish County regional managing broker at Coldwell Banker Bain. “We have literally gone…
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 &…