January market stats were published by the NWMLS this afternoon. Here’s their press release: Housing market “healing itself,” numbers are “astoundingly good” Pending sales may not appear to be much higher than 2011 (up 13.7 percent in January), but the numbers are “astoundingly good,” considering such factors as harsh weather and the tax credits that…
Tag: Statistics
January Stats Preview: “Where’s the Inventory?” Edition
Okay, now that the first month of 2012 is behind us, let’s have an early look at January’s stats. 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…
Case-Shiller Tiers: Seattle’s Low Tier Still Losing Big
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: Seattle Home Prices Hit New Post-Peak Low
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Seattle-area home prices were: Down 1.2% October to November. Down 6.3% YOY. Down 31.0% from the July 2007 peak Last year prices fell 1.1% from October to November and year-over-year prices were down 4.7%. No big surprise…
NWMLS: Scott/Jacobi Bottom-Calling Euphemism Contest
December market stats were published by the NWMLS this afternoon. Here’s their press release: “Healthy marketplaces” emerging with shrinking inventory, favorable financing “All over we are seeing healthy marketplaces emerge as the inventory levels drop,” said J. Lennox Scott, CEO and chairman of John L. Scott Real Estate. “As you get closer to the job…