A commenter on this week’s poll requested a graph of the total monthly dollar volume of all NWMLS-reported closed sales. So, here it is: Since prices are still higher than 2000-2004, I was actually not expecting this year to show up so low. I also found it interesting how closely 2005, 2006, and the first…
Tag: Statistics
April Neighborhoods Months of Supply Interactive Update
Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. In place of our usual boring static charts, this month we are proud…
Recent Spike in “Pending” Sales Due to Change in Definition?
At the risk of beating a dead horse, I feel we must revisit the “pending” issue once more. This time, we’ll take it from the top. Prior to June of last year, a “pending” sale in the NWMLS system was defined as a sale in which an offer had been accepted, inspection and/or feasibility studies…
One in Three Q1 Pending Sales Failed to Close in 30 Days
Now that 2009 Q1 + 1 month is in the past, let’s have an updated look at the relationship between pending and closed sales. For previous posts on this subject, hit the ‘pending’ tag archive. Below is the updated chart including 2009 Q1. It shows quarterly King County SFH pending sales volume from the NWMLS,…
NWMLS: Huge Gap Opening Between Pending and Closed Sales
It’s time for April market statistics from the NWMLS. Here’s the NWMLS press release: Pending sales in Western Washington rise with improved affordability, buyer incentives Northwest Multiple Listing Service members reported pending sales for April surged 11.4 percent compared to twelve months ago – and rose 21.3 percent from March. Brokers reported 6,918 pending sales…