Let’s have another look at our monthly sales histogram.<\/p>\n
Sales across all price tiers got a big boost in March, while the sales curve stayed basically the same shape as February. The mode (i.e. the bucket with the most sales) for non-distressed sales moved from the $400,000 to $450,000 bucket in February down to the $300,000 to $350,000 bucket in March, but all four buckets between $250,000 and $450,000 were within 6 non-distressed sales of each other.<\/p>\n
Sales of non-distressed homes over $1 million shot up from just 66 in February to 105 in March, close to the highest point we’ve seen in over three years.<\/p>\n
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 March. Since my data download puts late-reported sales into the month that the sale actually took place rather than in the month they were reported<\/a>, there is a slight difference in the number of sales I’m counting vs. what the NWMLS reports each month.<\/p>\n By default the chart shows just King County sales in March. Use the controls below to scroll through different months, or to see what the mix looks like for Snohomish or Pierce County. I’ve also added color-coding and controls to separate out “non-distressed” sales from the sales of bank-owned homes and short sales.<\/p>\n