Here’s our monthly look at Seattle’s price tiers from Case-Shiller. I’d like to start by answering a few questions about these tiers that came up last month. First, all Case-Shiller data is based on single-family homes only, no condos or townhomes. Also, the Case-Shiller definition of the “Seattle area” is King, Pierce, and Snohomish counties….
Tag: Statistics
Case-Shiller: Welcome to Depreciation, Seattle
Home prices in Seattle continue to decline, at an increasing rate, according to the latest data from the Case-Shiller Home Price Index. Down 1.76% December to January. Down 1.25% YOY. In a big surprise to absolutely no one, Seattle is now officially in the realm of year-to-year price declines. What a change from just one…
Revisiting Seattle’s Soft Landing
It’s been nearly two years since I looked at the soft landing question with respect to affordability in a post titled Seattle Soft Landing: Do The Math. Since then, the affordability picture has changed, and we at Seattle Bubble have done a lot more research into historical data, so now seems like a good time…
Median Price Comparison: King & San Diego Counties
Here’s an interesting comparison. As of December’s Case-Shiller data, prices in San Diego County have fallen nearly 20% from their November 2005 peak. As of last month, their median price for all homes sold (single-family and condos) was $415,000 (source: San Diego Union-Tribune). In the Seattle area, December’s Case-Shiller put prices off 4% from their…
Puget Sound Counties February NWMLS Update
Here’s an update to the NWMLS statistics for all six Puget Sound counties. I don’t personally want to live in King County, and maybe you don’t either. So, here’s a little graphical look at what the market looks like around the sound. Here’s where each of the six counties stand as of February 2008: King…