local real estate news, statistics, and commentary without the sales spin.
We haven’t updated our monthly stats for the local regions outside of the King/Snohomish core since last year, so let’s have a look. Here’s your March update to our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.
How is the market doing outside of the central King County area? Not much different, really. Listings are super-scarce, demand is reasonably strong, and prices keep going up…
Sorry, no April Fool’s jokes today. Just a look at March stats with our monthly stats preview.
For the most part, it’s the same story we’ve been seeing for the past couple years. Low inventory, low sales, and few foreclosures. However, there was a new tiny glimmer of hope for buyers looking for more listings: The month-over-month increase in listing inventory in March was the largest we’ve seen in nearly two years. We’re still down from a year ago, but maybe we’re starting to see the very beginning of a listing recovery…
With another extra-long February in the books, let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series:
Sorry buyers, the glimmer of hope we saw in last month’s numbers has completely faded. Inventory was flat month-over-month, which is not a great sign for any potential spring inventory increases. Meanwhile, sales began their usual seasonal surge, and were up slightly from last year. Foreclosures continue to remain near their historic lows.
The first month of 2016 is now behind us, so let’s have a look at our monthly stats preview. First up, here’s the snapshot of all the data as far back as my historical information goes, with the latest, high, and low values highlighted for each series: A glimmer of hope for buyers in King…
Now that the last month of 2015 is behind us, let’s have a look at our monthly stats preview. Sales actually rose in both counties month-over-month, as inventory fell to new all-time lows. Foreclosure notices are near their low points, and inched up from November in both counties.