November market stats have been published by the NWMLS. Here’s the NWMLS press release: Move-up buyers, extended/expanded tax credits boost home sales; Northwest MLS brokers expect momentum to continue in 2010. Here’s your King County SFH summary, with the arrows to show whether the year-over-year direction of each indicator is favorable or unfavorable news for…
Tag: Statistics
Visualizing the Tax Credit Sales Boost
I’ve been trying to come up with the best way of visualizing just how effective the inefficient, expensive, and economically stupid $8,000 tax credit has been at boosting home sales in the Seattle area, and I think I’ve finally come up with something really good. To generate the chart below, I took all the single-family…
November Stats Preview: Closed Sales See Expected Surge
With November now in the rear view mirror, let’s have a look at the monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the “preview,” drop a line in…
Case-Shiller Tiers: Middle Tier Falls Almost 1% August to September
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. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…
Case-Shiller: Seattle Home Prices Hit New Post-Bubble Low
What better way to kick off Thanksgiving weekend than with the latest data from the Case-Shiller Home Price Index? According to September data, Down 0.4% August to September. Down 0.3% August to September (seasonally adjusted) Down 13.8% YOY. Down 22.5% from the July 2007 peak Last year prices fell 1.4% from August to September (not…