August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record high…
As we’re getting back into the swing of things, let’s check out the housing stats for the recently-completed month of August…
Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties.
Let’s catch up a bit on our Case-Shiller data. According to June data that was released this week, Seattle-area home prices were up 0.2 percent May to June and up 6.5 percent YOY…
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…
The NWMLS published their August stats yesterday, so let’s take a look at how the month shook out for the housing market.
As we mentioned in yesterday’s preview post, the biggest story is a sudden, renewed shortage of inventory.
Before we get into our detailed monthly stats, here’s a quick look at their press release…
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.