{"id":28439,"date":"2014-03-13T07:17:50","date_gmt":"2014-03-13T14:17:50","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=28439"},"modified":"2014-03-13T07:17:50","modified_gmt":"2014-03-13T14:17:50","slug":"around-sound-prices-sales-listings-moderating","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2014\/03\/13\/around-sound-prices-sales-listings-moderating\/","title":{"rendered":"Around the Sound: Sales &#038; Listings Moderated in February"},"content":{"rendered":"<p>It&#8217;s time for us to check up on stats outside of the King\/Snohomish core with our &#8220;Around the Sound&#8221; statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties.<\/p>\n<p>If there is certain data you would like to see or ways you would like to see the data presented differently, drop a comment below and let me know.<\/p>\n<p>First up, a summary table:<\/p>\n<style>.CNNTable {margin: 5px auto 15px;} .CNNTable td {padding: 0px 5px; text-align: center; font-size: .9em;} .top_row {font-weight: bold;} .CNNTable img {border:0;margin:0;}<\/style>\n<table class=\"CNNTable\" border=\"1\" cellpadding=\"0\" cellspacing=\"0\">\n<tr class=\"top_row\">\n<th style=\"font-size: 105%; border-top: 0; border-left: 0;\">February 2014<\/th>\n<th>King<\/th>\n<th>Snohomish<\/th>\n<th>Pierce<\/th>\n<th>Kitsap<\/th>\n<th>Thurston<\/th>\n<th>Island<\/th>\n<th>Skagit<\/th>\n<th>Whatcom<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Median Price<\/td>\n<td>$405,000<\/td>\n<td>$315,000<\/td>\n<td>$222,000<\/td>\n<td>$234,000<\/td>\n<td>$215,350<\/td>\n<td>$240,000<\/td>\n<td>$215,000<\/td>\n<td>$225,000<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Price YOY<\/td>\n<td>11.0%<\/td>\n<td>11.5%<\/td>\n<td>11.1%<\/td>\n<td>6.6%<\/td>\n<td>-3.1%<\/td>\n<td>-0.4%<\/td>\n<td>-3.8%<\/td>\n<td>-9.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Active Listings<\/td>\n<td>3,173<\/td>\n<td>1,801<\/td>\n<td>2,828<\/td>\n<td>1,107<\/td>\n<td>1,038<\/td>\n<td>534<\/td>\n<td>608<\/td>\n<td>926<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Listings YOY<\/td>\n<td>7.7%<\/td>\n<td>34.3%<\/td>\n<td>9.2%<\/td>\n<td>-1.8%<\/td>\n<td>4.2%<\/td>\n<td>-5.0%<\/td>\n<td>-1.0%<\/td>\n<td>-1.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Closed Sales<\/td>\n<td>1,241<\/td>\n<td>544<\/td>\n<td>642<\/td>\n<td>217<\/td>\n<td>195<\/td>\n<td>74<\/td>\n<td>99<\/td>\n<td>136<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Sales YOY<\/td>\n<td>-9.0%<\/td>\n<td>-8.4%<\/td>\n<td>-4.2%<\/td>\n<td>15.4%<\/td>\n<td>1.6%<\/td>\n<td>8.8%<\/td>\n<td>15.1%<\/td>\n<td>8.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\">Months of Supply<\/td>\n<td>2.6<\/td>\n<td>3.3<\/td>\n<td>4.4<\/td>\n<td>5.1<\/td>\n<td>5.3<\/td>\n<td>7.2<\/td>\n<td>6.1<\/td>\n<td>6.8<\/td>\n<\/tr>\n<\/table>\n<p>Next we&#8217;ll have a look at median prices in February compared to a year earlier.  The biggest price gains in February were in King, Snohomish, and Pierce counties, which all came in around 11 percent higher than a year ago.  Prices also rose in Kitsap County, but were down year-over-year in Thurston, Island, Skagit, and Whatcom.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Price_2014-02.png\" title=\"Median Sale Price Single-Family Homes\" rel=\"lightbox[28439]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Price_2014-02-600x436.png\" style=\"border: 0;\" title=\"Median Sale Price Single-Family Homes - Click to enlarge\" alt=\"Median Sale Price Single-Family Homes\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>Listings are increasing year-over-year in King, Snohomish, Pierce, and Thurston.  Listings were down from a year ago in Kitsap, Island, Skagit, and Whatcom.  Snohomish county is still way ahead of the the pack with gains over 30 percent from last year.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Listings_2014-02.png\" title=\"Active Listings of Single-Family Homes\" rel=\"lightbox[28439]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Listings_2014-02-600x436.png\" style=\"border: 0;\" title=\"Active Listings of Single-Family Homes - Click to enlarge\" alt=\"Active Listings of Single-Family Homes\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>Closed sales fell in February in King, Snohomish, and Pierce, but were up from a year ago in all the other counties.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Sales_2014-02.png\" title=\"Closed Sales of Single-Family Homes\" rel=\"lightbox[28439]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Sales_2014-02-600x436.png\" style=\"border: 0;\" title=\"Closed Sales of Single-Family Homes - Click to enlarge\" alt=\"Closed Sales of Single-Family Homes\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>Here&#8217;s a chart showing months of supply this February and last February.  Every county but Kitsap was more balanced this February than it was a year ago.  For King, Snohomish, Pierce, and Thurston that means that months of supply went up, but are still in seller&#8217;s market territory.  In Island, Skagit, and Whatcom months of supply fell, but is still in buyer&#8217;s market territory.  Kitsap was balanced last year but moved into seller&#8217;s market territory this year.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-MOS_2014-02.png\" title=\"Months of Supply Single Family Homes\" rel=\"lightbox[28439]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-MOS_2014-02-600x436.png\" style=\"border: 0;\" title=\"Months of Supply Single Family Homes - Click to enlarge\" alt=\"Months of Supply Single Family Homes\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>To close things out, here&#8217;s a chart comparing February&#8217;s median price to the peak price in each county.  Everybody is still down between 15 percent (King) and 31 percent (Island).<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Peak-Price_2014-02.png\" title=\"Peak Median Sale Price Single-Family Homes\" rel=\"lightbox[28439]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2014\/03\/Around-the-Sound-Peak-Price_2014-02-600x436.png\" style=\"border: 0;\" title=\"Peak Median Sale Price Single-Family Homes - Click to enlarge\" alt=\"Peak Median Sale Price Single-Family Homes\" width=\"600\" height=\"436\" \/><\/a><\/p>\n<p>The close-in counties (King, Snohomish, Pierce, and sometimes Thurston) are currently acting quite a bit differently than the outlying areas, with sales decreasing and listings increasing.  Of course, these areas saw the most extreme frenzy last year so it is no surprise that things are beginning to settle down.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s time for us to check up on stats outside of the King\/Snohomish core with our &#8220;Around the Sound&#8221; statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. If there is certain data you would like to see or ways you would like to see the data presented differently, drop a comment below and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":28443,"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":"On the blog: Around the Sound: Sales & Listings Moderated in February http:\/\/wp.me\/pe2Bv-7oH","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[458,222,129,58,261,6,259,254,262,169,200,260,514],"coauthors":[],"class_list":["post-28439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","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","tag-whatcom"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Around the Sound: Sales &amp; Listings Moderated in February \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\/2014\/03\/13\/around-sound-prices-sales-listings-moderating\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Around the Sound: Sales &amp; Listings Moderated in February \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"It&#8217;s time for us to check up on stats outside of the King\/Snohomish core with our &#8220;Around the Sound&#8221; statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties. 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