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: Over 6 MOS is a buyer’s market, which gives buyers more negotiating power, but doesn’t mean homes…
Tag: NWMLS
Puget Sound Counties May NWMLS Update
Let’s check in on the NWMLS statistics from around the sound and see if the bottom is in yet for any of the seven Puget Sound counties we’re tracking. Here’s where the YOY stats stand for each of the six counties as of May 2008: King – Price: -6.2% | Listings: +41.7% | Sales: -38.7%…
NWMLS: Sales and Prices Take Record-Breaking Dive
It’s time for NWMLS statistics. Let’s have a look at how May turned out. Update: The NWMLS press release is now live, with a headline that does not disappoint: Northwest MLS Brokers Report Buyers Slow to Take Advantage of Market Conditions. You can download the latest stats pdfs there as well. Here is your summary…
NWMLS King County Area Map
Whenever we talk about the detailed NWMLS stats for King County, someone inevitably asks for a map of the various areas. While I have had a map from the Seattle Times posted on the KC Breakouts history page for quite some time, I’ve never been all that satisfied with the imprecise nature of that solution….
April Neighborhoods 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: Over 6 MOS is a buyer’s market, which gives buyers more negotiating power, but doesn’t mean homes…