Let’s check in on the NWMLS statistics from around the sound and see if the bottom is in yet for any of the seven Puget Sound counties we’re tracking. Here’s where the YOY stats stand for each of the six counties as of May 2008: King – Price: -6.2% | Listings: +41.7% | Sales: -38.7%…
Tag: Statistics
NWMLS: Sales and Prices Take Record-Breaking Dive
It’s time for NWMLS statistics. Let’s have a look at how May turned out. Update: The NWMLS press release is now live, with a headline that does not disappoint: Northwest MLS Brokers Report Buyers Slow to Take Advantage of Market Conditions. You can download the latest stats pdfs there as well. Here is your summary…
Case-Shiller Tiers: Low End Spikes Downward
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 March 2008. Click to enlarge At its peak, the…
Case-Shiller: Prices Still Falling (Even in Seattle)
The March Case-Shiller Home Price Index came in fairly close to, but slightly worse than the NWMLS statistics for the same month. Down 0.9% February to March. Down 4.4% YOY. According to Case-Shiller, home prices in Seattle have now declined a total of 7.3% from their July 2007 peak, and have retreated to just above…
Revisiting the Distressed Sellers Index
I have now been tracking the Distressed Sellers Index for a full year, and since I haven’t mentioned it on here since way back in October, I thought it now would be a good time for another update. Please keep in mind that I do not claim the DSI to be in any way scientific…