The pandemic has sparked a massive seller’s market and big price spikes around Seattle

Okay, let’s get back to the data. It’s about time. Okay, it’s way past time. Anyway, whatever. Here’s some data. Since it’s been a while, let’s start with a few high-level stats from around the Puget Sound…

August Stats Preview: Where did the listings go?

NWMLS stats for August are due any day now, probably later today, but let’s have a look at our “early” view on the August housing market stats for the Seattle area.

The biggest news: Active listings appear to be down considerably from a year ago. This is a big flip from earlier this year, when listings were way up, and definitely not great news for buyers.

Around the Sound: King County alone in price drops and big inventory gains

I promised an updated look at June data for the outlying counties, so let’s have a look at that. Here’s the latest update to our “Around the Sound” statistics for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

King County is the only place where prices are declining, and it also has the largest increase in active listings compared to a year ago. On the flip side, pending sales were up the most in King County, and it had one of the smallest declines in closed sales (sales rose in Skagit though). In most of the other Puget Sound counties, sales are declining, and listings are either falling or not increasing by much, and prices are rising.

Stats Preview: Sales dipped in June as listings increase shrank further

This is the last post in today’s data catch-up marathon. I’ll also update a few more of the spreadsheets for members, and if the NWMLS posts their June data today I’ll try to get that up as well.

For now, let’s have a look at our “early” view on June stats.

In summary: Listings are still up from a year ago, but not by as much as they have been. Sales are down, but only just a bit.

May Stats Preview: Not Dead Yet Edition!

Remember, you can always get access to the Seattle Bubble spreadsheets by supporting my ongoing work as a member of Seattle Bubble. Hey look who it is. That Seattle Bubble guy. He’s not gone after all. Seriously though, everything is fine. Things just got a bit busy. Let’s have a look at the May stats, […]

Around the Sound: Inventory up, sales down across the board

It’s been a few months since we had a look at the stats in the broader Puget Sound area, so let’s update our charts through March. Here’s the latest update to our “Around the Sound” statistics for King, Snohomish, Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.

King County still has some of the most dramatic changes, as the only county with a drop in the median price and by far the biggest increase in active listings. That said, active listings are up and closed sales are down across the board. Skagit, Kitsap, Pierce, and Thurston all still saw double-digit year-over-year declines in sales…