Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to February data, Seattle home prices were: Down 1.9% January to February. Down 7.5% YOY. Down 30.9% from the July 2007 peak Last year prices fell 1.1% from January…
Tag: Statistics
March Stats Preview: Fool-Delayed Edition
Since the first of this month was a special occasion and last week was packed full of other more interesting topics, our regularly-scheduled monthly stats preview got put off a bit, but I still wanted to update our charts. Most of the charts below are based on broad county-wide data that is available through a…
NWMLS: Sales Start to Tumble, Inventory Still Sucks
March market stats were published by the NWMLS yesterday. Here’s what they have to say about their numbers: Housing market doing "surprisingly well" without a stimulus. “The market is doing surprisingly well without a stimulus,” observed Northwest MLS director OB Jacobi, president of Windermere Real Estate Company. “Considering that this time last year there was…
Case-Shiller Tiers: Low Tier Still Getting Walloped
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 Nearly 30% Off Peak
Happy Case-Shiller day, everybody. Yes, it’s time once again for us to take a look at the latest data from the Case-Shiller Home Price Index. According to January data, Seattle home prices were: Down 2.4% December to January. Down 6.7% YOY. Down 29.6% from the July 2007 peak Last year prices fell 1.7% from December…