Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of December 2008: (Note: The “Sales” data below represents pending sales, not closed sales.) King – Price: -7.2% | Listings: +6.4% | Sales: -16.1% | MOS: 9.6 Snohomish – Price: -11.2%…
Tag: Statistics
NWMLS: Sales Still in the Gutter—Blame the Weather
Let’s have a look at December market statistics from the NWMLS. Here’s the NWMLS press release: Northwest MLS members expecting "market observers" will become "market participants" Frigid temperatures and record snowfall brought home sales to a standstill for several days in December. The unusual weather, when coupled with the expected holiday slowdown, contributed to a…
Case-Shiller Tiers: Tiers Drop From Peak in Lockstep
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. First up is the straight graph of the index from January 2000 through October 2008. Prices fell at virtually the same rate in…
Case-Shiller: Seattle Hits 10% YOY Price Drops
It’s time once again for our monthly update to the Case-Shiller Home Price Index. According to October data, Down 1.4% September to October. Down 10.2% YOY. Down 11.4% from the July 2007 peak Last year prices fell 0.94% from September to October and year-over-year prices were up 3.3%. Here’s the usual graph, with L.A. &…
November Neighborhoods Months of Supply Update
Let’s close out the week with a look at “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. November MOS for King County as a whole came…