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Tag: Statistics

NWMLS: Pending Sales Predictably Plummet

Posted on June 4, 2010June 4, 2010 by The Tim

May market stats have been published by the NWMLS. Here’s a link to the NWMLS press release (not live quite yet): Home sales adjusting after surge before tax credits expired. Home sales during May tapered off around Washington state following a surge of activity in April as buyers hustled to meet deadlines for tax credits….

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May Stats Preview: Edge of a Closed Sales Cliff Edition

Posted on June 1, 2010 by The Tim

Time for our monthly stats preview now that May is behind us. Most of the charts below are based on broad county-wide data that is available through a simple search of King County Records. If you have additional stats you’d like to see in the preview, drop a line in the comments and I’ll see…

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Case-Shiller Tiers: Seattle Home Tiers Mixed in March

Posted on May 26, 2010May 26, 2010 by The Tim

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…

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Case-Shiller: Flat is the New Up

Posted on May 25, 2010May 25, 2010 by The Tim

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data, Up 0.1% February to March. Down 3.6% YOY. Down 25.3% from the July 2007 peak Last year prices fell 2.0% from February to March and year-over-year prices were down 16.4%. Quick check: Is Bloomberg still running nonsense…

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Still a “Buyer’s Market” in Many Neighborhoods

Posted on May 19, 2010 by The Tim

Time for another update on the various neighborhoods around King County. First up is a map of SAAS across King County: SAAS Dash Powered by Tableau Only three areas were strongly in “seller’s market” territory in April (SAAS <1.75), while twelve were still relatively strong “buyer’s markets” (SAAS >2.25). The remaining fifteen markets were more…

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