I think it’s a good time to revisit the median price discussion that I first brought up last August. The median price is a decent indicator of the general direction of home prices, but it definitely has shortcomings. The biggest problem is that the median is largely influenced by the mix of sales between high…
Tag: Statistics
February Neighborhood Months of Supply Update
I was going to spread out the stats posts a bit, but since people have been asking for months of supply (a.k.a. “absorption rate”) data after yesterday’s inventory post, I’m posting it today. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Keep in mind that…
February Neighborhood Inventory Update
Here’s an update to the King County single-family neighborhood inventory growth charts I first posted last month. The data that makes up these charts is publicly available from the NWMLS, and can be found in the NWMLS King County Breakout pdfs. Keep in mind that what’s being plotted here is total percent growth since January…
NWMLS: Inventory Skyrocketing, Sales in the Gutter (Still)
February stats from the NWMLS showed up even earlier than January. When the press release with pdf links is released I’ll post it here. Here is the summary along with the usual graphs and other updates. Update: Here’s a link to the press release. I can’t help but laugh at the title: Northwest MLS Reports…
NWMLS Statistics from Around the Sound
A number of readers have pointed out that despite what Seattle residents may think, there is in fact a world outside of King County. These inquiring readers are interested in seeing what the stats we discuss on Seattle Bubble look like for other local counties around the Puget Sound. Well, this post is for you….