Delistings Stabilized in November

Here’s the breakdown of homes on the market and homes that went off the market last month in King County (SFH only). While the number of delistings had been dramatically increasing year-over-year earlier since June last year—even reaching 200% YOY in April—the rapid growth seems to have leveled off, with November’s 1,758 delistings nearly matching […]

Puget Sound Counties November Update

Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of November 2008: (Note: The “Sales” data below represents pending sales, not closed sales.) King – Price: -9.2% | Listings: +2.2% | Sales: -21.2% | MOS: 8.7 Snohomish – Price: -11.1% […]

Another Angle on Recent Sales and Listings

While we wait for November sales statistics from the NWMLS, let’s take a look at a couple more charts of sales from the last few months to round out the big picture of what’s going on with local home sales. First up, here’s a look at the total closed sales by quarter, for every quarter […]

Seattle PI: Washington home sales drop more than anywhere else in the nation

Editor’s Note: I’d like to welcome new contributor Jonness to Seattle Bubble. He maintains the excellent set of tools at HousingCorrection.com and has provided an interesting analysis of housing data in his comments. – The Tim An article in the Seattle P-I indicates that our home sales slowed more than anywhere else in the nation. […]

Puget Sound Counties October NWMLS Update

Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of October 2008: King – Price: -11.7% | Listings: +2.7% | Sales: -22.4% | MOS: 8.3 Snohomish – Price: -10.8% | Listings: -6.0% | Sales: -28.0% | MOS: 10.9 Pierce – […]

One in Five Pending Sales Failed to Close in Q3

With Q3 + 1 month now behind us, it’s time to take another look at the relationship between pending and closed sales. Recall that in Q2, a record-setting 15.9% of pending sales had fallen through and never showed up as closed sales. Here’s an update. The graph below shows quarterly King County SFH pending sales […]

Puget Sound Counties September NWMLS Update

Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of September 2008: King – Price: -7.8% | Listings: +4.6% | Sales: +14.7% | MOS: 6.6 Snohomish – Price: -9.8% | Listings: -3.7% | Sales: -6.8% | MOS: 8.8 Pierce – […]