{"id":20971,"date":"2012-07-25T10:00:06","date_gmt":"2012-07-25T17:00:06","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=20971"},"modified":"2012-07-25T10:28:31","modified_gmt":"2012-07-25T17:28:31","slug":"sales-curve-shifting-to-more-expensive-homes","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/07\/25\/sales-curve-shifting-to-more-expensive-homes\/","title":{"rendered":"Sales Curve Shifting to More Expensive Homes"},"content":{"rendered":"<p>It&#8217;s been way too long (<a href=\"http:\/\/seattlebubble.com\/blog\/2011\/04\/11\/bank-owned-homes-drive-increased-low-end-action\/\" title=\"Bank-Owned Homes Drive Increased Low-End Action\">over a year<\/a>) since I posted the histogram of monthly sales.  Let&#8217;s take another look.<\/p>\n<p>To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of June.  Since my data download puts late-reported sales into the month that the sale actually took place rather than <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/08\/09\/misleading-nwmls-stats-hide-severity-of-sales-dropoff\/\" title=\"Misleading NWMLS Stats Hide Severity of Sales Dropoff\">in the month they were reported<\/a>, there is a slight difference in the number of sales I&#8217;m counting vs. what the NWMLS reports each month.<\/p>\n<p>By default the chart shows just King County sales in June.  Use the controls below to view different months, or to see what the mix looks like for Snohomish or Pierce County.  I&#8217;ve also added color-coding and controls to separate out &#8220;non-distressed&#8221; sales from the sales of bank-owned homes and short sales.<\/p>\n<div style=\"width:600px; height:690px; margin:0 auto;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><object class=\"tableauViz\" width=\"604\" height=\"669\" style=\"display:none;\"><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"name\" value=\"Just-Sales-Histogram&#47;Hist\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"no\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"host_url\" value=\"http%3A%2F%2Fpublic.tableausoftware.com%2F\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><\/object><noscript>Hist <br \/><a href=\"http:\/\/seattlebubble.com\/blog\/2012\/07\/25\/sales-curve-shifting-to-more-expensive-homes\/\"><img decoding=\"async\" alt=\"Hist \" src=\"http:&#47;&#47;public.tableausoftware.com&#47;static&#47;images&#47;Ju&#47;Just-Sales-Histogram&#47;Hist&#47;1_rss.png\" height=\"100%\" \/><\/a><\/noscript><\/p>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px;color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"float:right; padding-right:8px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/Just-Sales-Histogram\/Hist\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>The blue bars representing sales of bank owned homes have been consistently shrinking over the last year as much of that cheap inventory has dried up.  Meanwhile, the peak of the non-distreed curve has moved from $250k-$350k a year ago to $300k-$400k in June of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s been way too long (over a year) since I posted the histogram of monthly sales. Let&#8217;s take another look. To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of June. Since my data download&#8230;<\/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":[8,616],"tags":[608,149,254,531],"coauthors":[],"class_list":["post-20971","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-histogram","tag-median","tag-sales","tag-tableau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sales Curve Shifting to More Expensive Homes \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\/2012\/07\/25\/sales-curve-shifting-to-more-expensive-homes\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Sales Curve Shifting to More Expensive Homes \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"It&#8217;s been way too long (over a year) since I posted the histogram of monthly sales. Let&#8217;s take another look. To generate the chart below, I took all the sales data for single-family homes sold in King, Snohomish, and Pierce Counties from the beginning of 2010 through the end of June. 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