Let’s take a look at May market statistics from the NWMLS. I’ll update this post with a link to their press release when they post it. [Update] Here it is: Inventory shrinking, sales rising, prices stabilizing in some Northwest MLS areas Here’s your King County SFH summary, with helpful arrows to show whether the direction…
Tag: Statistics
Puget Sound Counties Interactive April Update
It’s time for our regularly-scheduled check on NWMLS statistics from around the sound. Once again, courtesy Tableau Software, the Around the Sound update is rocking exclusive interactive data visualizations. As usual, all of the underlying data and the old charts can be downloaded in Excel 2007 (or in Excel 2003 format), so if that’s the…
Case-Shiller Tiers: Low Tier Passes 25% Off Peak
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 Price Drops Keep Gaining Steam
Let’s make our regularly scheduled monthly check on the Case-Shiller Home Price Index. According to March data, Down 2.0% February to March. Down 16.4% YOY. Down 22.5% from the July 2007 peak Last year prices fell 0.9% from February to March and year-over-year prices were down 4.4%. Here’s the usual graph, with L.A. & San…
King County Home Prices & Affordability 1950-2009 Q1
A reader pointed out that I had not provided an updated chart of the long-term (50+ year) trend of local home prices since I originally posted my research in February 2008. So, here’s an updated look at the long-term trends in local home prices and affordability: So much for Steve Tytler‘s famous “stair step” theory…