I ran some numbers last week that I thought might be interesting to share here. The question I was trying to answer was “how many homes are selling quickly in today’s market?” So I pulled some data on listings to find out what percentage of listings that came on the market in a given week…
Tag: pending
Another Reminder that “Pending Sales” are Near-Useless
Here’s a visual I intended to whip up last week but ran out of time for. I noticed in the pending sales chart that 2011’s pending sales were trending fairly closely with the pre-bubble trend from 2000-2002, but when I looked over to the closed sales chart, the lines where nowhere near each other. I…
What’s With the December Bump in Closed Sales?
As promised, I’d like to take a little time to go into the odd December bump in closed sales according to the numbers released this week by the NWMLS. Here are the three points I’ll be covering: There definitely was a bump in sales in December. The NWMLS numbers overstate the size of the bump….
Quick Look: May 2010 in Bar Charts
Time for another installment of “quick look,” a series of posts in which I present a fresh set of charts for some recent data with minimal commentary. Today’s theme is King County SFH May stats in bar charts compared to each May since 2000. Note that the definition of “Active Listings” was revised in July…
2009 Pending vs. Closed Sales Wrap-Up
Since this month’s NWMLS press release focused on pending sales again, and there has been some discussion in the comments about what the relationship between pending and closed sales looks like in recent months, I thought it would be interesting to look at a few charts of the two data sets in a few different…