January market stats have been published by the NWMLS. Here’s their press release: Motivated buyers returning to the housing market. Dramatic increases in open house activity and shrinking inventory are fueling optimism among members of the Northwest Multiple Listing Service. Commenting on the just-released MLS report on January’s housing activity, one director stated, “There is…
Tag: Statistics
January Stats Preview: Sagging Inventory Edition
As January 2011 fades into the distance in the rear view mirror, it’s time for another monthly 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…
One in Three Seattle Area Home Listings are Distressed
By request, here’s an update to the distressed listings map I first posted six months ago. In the map below I have taken all the currently active listings on the market in King, Snohomish, and Pierce counties, and separated them into three buckets: bank owned, short sale, and non-distressed. Each zip code has a pie…
Case-Shiller Tiers: Low Tier Falling Nearly 10% YOY
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 Still Hitting New Lows
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data, Down 1.1% October to November. Down 4.7% YOY. Down 26.4% from the July 2007 peak Last year prices fell 0.5% from October to November and year-over-year prices were down 10.6%. November’s data marked another new post-peak low…