Tag: stale listings

Yesterday’s conversation in the comments touched a little bit on homes that are being delisted (taken off the market without selling), so now seems like a good time to post another update to the listings and sales breakdown chart. Below is the breakdown of homes on the market and homes that went off the market…

Let’s take a look at 2008’s fourth quarter closed sales volume for King County: That’s a drop of 31% from 2007, and also 31% from the previous quarter. The “usual” drop from Q3 to Q4 is 10-20%. At this point, I really don’t think sales have much further to drop. They’re practically as low as…

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…

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…

Those of you that have been following King County inventory may have noticed something a little odd about June’s official end-of-month inventory count from the NWMLS. While the number of listings appearing on local home search sites seemed to indicate that June’s inventory would be a few hundred higher than May, the NWMLS statistics for…