Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the fourth quarter numbers below represent pending sales from September, October, and November and…
Tag: pending
Fewer Pending Sales Failed to Close in Q3
Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the third quarter numbers below represent pending sales from June, July, and August and…
One in Four Pending Sales Still Not Closing
It’s been quite a while since we last had a look at the percentage of pending sales that turn into closed sales, so let’s refresh that chart and take a look a the latest data. This particular series is fairly noisy when you look at it with monthly granularity, so for this post I’ve rolled…
Nearly Half of New Listings Pending in Two Weeks
Full disclosure: The Tim is employed by Redfin. Redfin released February housing market data last week, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: I was concerned when this number…
Market Heated Up in October as Inventory Collapsed
Full disclosure: The Tim is employed by Redfin. Redfin released October housing market data today, so let’s take a look at the rate at which new listings are going under contract in two weeks or less in the Seattle area, compared to San Francisco and the national rate: Yikes! That’s a big spike in Seattle…