March market stats were just released by the NWMLS. Here’s their press release: Western Washington housing market “energized” and showing signs of “definite turnaround”. Northwest Multiple Listing Service brokers reported double-digit gains in both pending and closed sales during April compared to a year ago, but the most eye-catching number may pertain to prices. For…
Tag: Statistics
April Stats Preview: Long-Term Listings Loss Edition
With April behind us, it’s time for another new 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 preview, drop a line in the comments…
Case-Shiller Tiers: High Tier Takes a Hit, Still in the Black
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…
Case-Shiller: Yet Another New Low as Winter Wraps Up
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle-area home prices were: Down 0.8% January to February. Down 2.9% YOY. Down 32.9% from the July 2007 peak Last year prices fell 1.9% from January to February and year-over-year prices were down 7.5%. Still moving closer…
Sales in Cheap Parts of King Dropped Off in March
Let’s 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 County (areas 100-130 &…