{"id":1413,"date":"2008-01-15T20:54:44","date_gmt":"2008-01-16T04:54:44","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/2008\/01\/15\/nwmls-december-graphs-update\/"},"modified":"2008-01-29T09:45:12","modified_gmt":"2008-01-29T17:45:12","slug":"nwmls-december-graphs-update","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2008\/01\/15\/nwmls-december-graphs-update\/","title":{"rendered":"NWMLS December Graphs Update"},"content":{"rendered":"

Many thanks to Deejayoh for posting the NWMLS summary<\/a> in my absence. By request, I am am posting the usual press release link, graphs, and spreadsheet update in addition to his timely post on the data.<\/p>\n

Here is the NWMLS press release<\/a>, with links to the pdf summaries.<\/p>\n

Here’s your King County SFH summary:<\/p>\n

December 2007<\/u>
\nActive Listings: up<\/span> 51%<\/strong> YOY (new record)<\/em>
\nPending Sales: down<\/span> 33%<\/strong> YOY (new record)<\/em>
\nMedian Closed Price*<\/a>: $435,000 – down<\/span> 1.14% YOY<\/p><\/blockquote>\n

Whoops. A negative number in median price YOY? That’s not supposed to happen!<\/p>\n

As absurd as it may seem, YOY inventory grew faster still<\/em>, shooting up over 50%. The total number of sales dropped further in December, down to 1,086\u201411% lower than the now second-lowest month on record, December 2000. The months of supply grew to a new record high of 7.54<\/strong>.<\/p>\n

Here is the updated Seattle Bubble Spreadsheet<\/a>, and here’s a copy in Excel 2003 format<\/a>.<\/p>\n

Here’s the supply\/demand YOY graph:<\/p>\n

\"King<\/a>
\nClick to enlarge<\/a><\/p>\n

Here’s the chart of supply and demand raw numbers:<\/p>\n

\"King<\/a>
\nClick to enlarge<\/a><\/p>\n

Here’s the SFH Median YOY change graph, complete with the dip below zero at the end:<\/p>\n

\"King<\/a>
\nClick to enlarge<\/a><\/p>\n

And again, here are the direct year-to-year comparisons, so as to throw out any notion that the slowness of sales and high inventory is “seasonal.” It is not.<\/p>\n

\"King<\/a>
\nClick to enlarge<\/a><\/p>\n

\"King<\/a>
\nClick to enlarge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Many thanks to Deejayoh for posting the NWMLS summary in my absence. By request, I am am posting the usual press release link, graphs, and spreadsheet update in addition to his timely post on the data. Here is the NWMLS press release, with links to the pdf summaries. Here’s your King County SFH summary: December…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[6,200],"coauthors":[],"class_list":["post-1413","post","type-post","status-publish","format-standard","hentry","category-stats","tag-nwmls","tag-statistics"],"yoast_head":"\nNWMLS December Graphs Update \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2008\/01\/15\/nwmls-december-graphs-update\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NWMLS December Graphs Update \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Many thanks to Deejayoh for posting the NWMLS summary in my absence. 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