local real estate news, statistics, and commentary without the sales spin.
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…
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: Up 0.9% January to February Up 7.1% YOY. Down 11.4% from the July 2007 peak Last year at this time prices rose 0.6% month-over-month and year-over-year prices were up 12.8%. Year-over-year price gains…
Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data, Up 1.6% March to April. Down 6.9% YOY. Down 29.7% from the July 2007 peak Last year prices rose 1.0% from March to April and year-over-year prices were down 2.8%. Interesting that here in Seattle this year…
October market statistics from the NWMLS are here. Public press release and data pdfs have not yet been posted, but I will update the post with a link once they are. Update: Here is the NWMLS press release, with links to the public pdfs. Here’s your King County SFH summary: October 2007 Active Listings: up…
It’s been about a month since I introduced the Distressed Sellers Index, so I thought it would be a good time to check in with another update. Here’s the latest graph: Click to enlarge As you can see, since our last update the DSI has jumped nearly 20 points up into the 70-80 range, where…