local real estate news, statistics, and commentary without the sales spin.
It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South…
They have not yet published the press release to their website, but September market stats are now available from the NWMLS. Once they post a press release I’ll update this post with a brief snippet. Until then, let’s just go straight to the stats. CAUTION NWMLS monthly reports include an undisclosed and varying number ofsales…
With the month of September now in the history books, let’s have a look at our stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the…
I’d like to try something a little different. Since posting on here tends to break up the various topics that make up the whole of the housing market, I thought it would be useful to put together a “state of the market” post once a quarter or so that brings everything together.
We’ll cover the basics of what’s going on in the local housing market right now, with links to relevant recent posts in case you missed them…
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. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details…