{"id":2127,"date":"2008-07-11T10:54:23","date_gmt":"2008-07-11T17:54:23","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=2127"},"modified":"2008-12-09T11:12:29","modified_gmt":"2008-12-09T19:12:29","slug":"puget-sound-counties-june-nwmls-update","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/","title":{"rendered":"Puget Sound Counties June NWMLS Update"},"content":{"rendered":"

Let’s check in on the NWMLS statistics from around the sound.<\/p>\n

Here’s where the YOY stats stand for each of the six counties as of June 2008:<\/p>\n

King –<\/strong> Price: -4.3%<\/span> | Listings: +25.4% | Sales: -27.2% | MOS: 6.0
\nSnohomish –<\/strong> Price: -9.0%<\/span> | Listings: +8.1% | Sales: -35.0% | MOS: 8.0
\nPierce –<\/strong> Price: -6.6%<\/span> | Listings: -4.6% | Sales: -15.3% | MOS: 7.4
\nKitsap –<\/strong> Price: -12.0%<\/span> | Listings: +5.3% | Sales: -33.1% | MOS: 10.3
\nThurston –<\/strong> Price: -7.5%<\/span> | Listings: -9.3% | Sales: -22.0% | MOS: 6.1
\nIsland –<\/strong> Price: -11.8%<\/span> | Listings: +12.1% | Sales: -37.2% | MOS: 14.6
\nSkagit –<\/strong> Price: -14.5%<\/span> | Listings: +6.9% | Sales: -44.0% | MOS: 10.4<\/p><\/blockquote>\n

Following below are the graphs you’ve come to expect. Click below to continue reading.<\/p>\n

These graphs only represent the market action since January 2006. If you want to see the long-term trends, feel free to download the spreadsheet<\/a> (or in Excel 2003 format<\/a>) that all of these graphs come from, and adjust the x-axis to your liking. Also included in the spreadsheet is data for Whatcom County, for anyone up north that might be interested.<\/p>\n

First up, it’s raw median prices.<\/p>\n

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

King and Kitsap counties were the only two Puget Sound counties to see a median price bump from May to June. Everyone else declined between $1,000 (Pierce) and $27,000 (Island). Doesn’t look like much of a bottom anywhere just yet.<\/p>\n

Here’s how each of the counties look compared to their peak:<\/p>\n

King –<\/strong> Peak: July 2007 | Down 7%
\nSnohomish –<\/strong> Peak: March 2007 | Down 9%
\nPierce –<\/strong> Peak: August 2007 | Down 9%
\nKitsap –<\/strong> Peak: September 2007 | Down 12%
\nThurston –<\/strong> Peak: July 2007 | Down 7%
\nIsland –<\/strong> Peak: August 2007 | Down 21%<\/strong><\/em>
\nSkagit –<\/strong> Peak: June 2007 | Down 14%<\/p><\/blockquote>\n

Despite the supposed strength of the “core” markets of Seattle and Bellevue in King County, so far Thurston County holds the prize for the smallest decline.<\/p>\n

Here’s another take on Median Prices, looking at the year-to-year changes over the last two years.<\/p>\n

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

Everybody’s in negative YOY territory, with King seeing the smallest YOY declines at -4.3% and Skagit’s -14.5% pulling up the rear.<\/p>\n

Here’s the graph of listings for each county, indexed to January 2006.<\/p>\n

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

Only Island County saw listings continue to increase in June. In every other county, it would seem that a large number of sellers just giving up and pulling listings off the market caused the total number of listings to drop.<\/p>\n

Here’s a look at the YOY change in listings.<\/p>\n

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

Thurston and Pierce both dipped into negative YOY listings with the big delisting party in June.<\/p>\n

Lastly, let’s check out pending sales, also indexed to January 2006.<\/p>\n

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

Snohomish County continues to sit in the gutter, while King County finally broke above the January 2006 sales mark. In June.<\/p>\n

Lastly, here’s the YOY graph of sales:<\/p>\n

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

Most counties had a little bump there, but even the best-performing county (Pierce) still had 15% fewer sales in June ’08 than June ’07.<\/p>\n

With over 14 months of supply, prices in Island County are being absolutely hammered. Down 21% from the peak? Ouch. Hope none of you bought a second home on Whidbey as an “investment”…<\/p>\n","protected":false},"excerpt":{"rendered":"

Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of June 2008: King – Price: -4.3% | Listings: +25.4% | Sales: -27.2% | MOS: 6.0 Snohomish – Price: -9.0% | Listings: +8.1% | Sales: -35.0% | MOS: 8.0 Pierce –…<\/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":[458,222,129,58,261,6,259,254,262,169,200,260],"coauthors":[],"class_list":["post-2127","post","type-post","status-publish","format-standard","hentry","category-stats","tag-around-the-sound","tag-graphs","tag-inventory","tag-king_county","tag-kitsap","tag-nwmls","tag-pierce","tag-sales","tag-skagit","tag-snohomish","tag-statistics","tag-thurston"],"yoast_head":"\nPuget Sound Counties June NWMLS 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\/07\/11\/puget-sound-counties-june-nwmls-update\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Puget Sound Counties June NWMLS Update \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of June 2008: King – Price: -4.3% | Listings: +25.4% | Sales: -27.2% | MOS: 6.0 Snohomish – Price: -9.0% | Listings: +8.1% | Sales: -35.0% | MOS: 8.0 Pierce –...\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png\" \/>\n<meta name=\"twitter:creator\" content=\"@The_Tim\" \/>\n<meta name=\"twitter:site\" content=\"@SeattleBubble\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The Tim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/\",\"url\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/\",\"name\":\"Puget Sound Counties June NWMLS Update \u2022 Seattle Bubble\",\"isPartOf\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png\",\"datePublished\":\"2008-07-11T17:54:23+00:00\",\"dateModified\":\"2008-12-09T19:12:29+00:00\",\"author\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\"},\"breadcrumb\":{\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage\",\"url\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png\",\"contentUrl\":\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seattlebubble.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Puget Sound Counties June NWMLS Update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#website\",\"url\":\"https:\/\/seattlebubble.com\/blog\/\",\"name\":\"Seattle Bubble\",\"description\":\"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f\",\"name\":\"The Tim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g\",\"caption\":\"The Tim\"},\"description\":\"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.\",\"sameAs\":[\"http:\/\/SeattleBubble.com\/\",\"http:\/\/facebook.com\/is.totally.pointless\",\"https:\/\/x.com\/The_Tim\"],\"url\":\"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Puget Sound Counties June NWMLS Update \u2022 Seattle Bubble","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/","twitter_card":"summary_large_image","twitter_title":"Puget Sound Counties June NWMLS Update \u2022 Seattle Bubble","twitter_description":"Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of June 2008: King – Price: -4.3% | Listings: +25.4% | Sales: -27.2% | MOS: 6.0 Snohomish – Price: -9.0% | Listings: +8.1% | Sales: -35.0% | MOS: 8.0 Pierce –...","twitter_image":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png","twitter_creator":"@The_Tim","twitter_site":"@SeattleBubble","twitter_misc":{"Written by":"The Tim","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/","url":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/","name":"Puget Sound Counties June NWMLS Update \u2022 Seattle Bubble","isPartOf":{"@id":"https:\/\/seattlebubble.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage"},"image":{"@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage"},"thumbnailUrl":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png","datePublished":"2008-07-11T17:54:23+00:00","dateModified":"2008-12-09T19:12:29+00:00","author":{"@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f"},"breadcrumb":{"@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#primaryimage","url":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png","contentUrl":"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2008\/07\/puget-sound_median-sfh-price_2008-06-tn.png"},{"@type":"BreadcrumbList","@id":"https:\/\/seattlebubble.com\/blog\/2008\/07\/11\/puget-sound-counties-june-nwmls-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seattlebubble.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Puget Sound Counties June NWMLS Update"}]},{"@type":"WebSite","@id":"https:\/\/seattlebubble.com\/blog\/#website","url":"https:\/\/seattlebubble.com\/blog\/","name":"Seattle Bubble","description":"local\u00a0real\u00a0estate\u00a0news, statistics,\u00a0and\u00a0commentary without\u00a0the\u00a0sales\u00a0spin.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seattlebubble.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/7de7c0dd14bee1a2c67f7ce86bc4505f","name":"The Tim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seattlebubble.com\/blog\/#\/schema\/person\/image\/37756956c11dcc50d2559761ffa5ee70","url":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/19e5770990a1681615608091b2de571b10c3e03bbac7d07bb2ae15297ee72fbc?s=96&d=retro&r=g","caption":"The Tim"},"description":"Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer \/ internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.","sameAs":["http:\/\/SeattleBubble.com\/","http:\/\/facebook.com\/is.totally.pointless","https:\/\/x.com\/The_Tim"],"url":"https:\/\/seattlebubble.com\/blog\/author\/timothyellis\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6wh0F-yj","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/2127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/comments?post=2127"}],"version-history":[{"count":0,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/posts\/2127\/revisions"}],"wp:attachment":[{"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/media?parent=2127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/categories?post=2127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/tags?post=2127"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seattlebubble.com\/blog\/wp-json\/wp\/v2\/coauthors?post=2127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}