Here’s our monthly look at Seattle’s price tiers from Case-Shiller. Remember that Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Now here come the graphs. First up is the straight graph of the index from January 2000 through May 2008. Click to enlarge As you can see,…
Tag: Statistics
Case-Shiller: Let the Decline Continue
Last month’s Case-Shiller data showed a slight increase in prices month to month, possibly signaling the end of the bust for Seattle. Or not. This month’s Case-Shiller Home Price Index would seem to indicate that the bust is not over yet. Down 0.5% April to May. Down 6.3% YOY. Last year prices rose 0.95% from…
June Neighborhoods Months of Supply Update
Here’s the latest update on months of supply, or “absorption rates” 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. I apologize for the tardiness, I was hoping to have the color-coded map ready by this month’s update,…
Seattle Housing Market vs. National Headlines
One common refrain lately among real estate agents desperate to put a positive spin on the local market is that potential home buyers in the Seattle area are just being frightened by all the bad national news on the housing market. The local market is doing just fine, and would be even better if only…
Anemic Second Quarter Home Sales
A reader suggested that a good way to visualize the current state of the local housing market would be to look at quarterly home sales. Here’s a chart of the total closed SFH sales in King County for every quarter we have data for from the NWMLS, back through 2000: Click to enlarge Note that…