{"id":6079,"date":"2009-06-26T12:00:08","date_gmt":"2009-06-26T19:00:08","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=6079"},"modified":"2010-01-18T10:46:06","modified_gmt":"2010-01-18T18:46:06","slug":"may-seasonally-adjusted-active-supply-by-neighborhood","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2009\/06\/26\/may-seasonally-adjusted-active-supply-by-neighborhood\/","title":{"rendered":"May Seasonally-Adjusted Active Supply by Neighborhood"},"content":{"rendered":"<p>Due to <a href=\"http:\/\/seattlebubble.com\/blog\/2009\/05\/11\/recent-spike-in-pending-sales-due-to-change-in-definition\/\" title=\"Recent Spike in &quot;Pending&quot; Sales Due to Change in Definition?\">the definition change by the NWMLS<\/a> in both the numerator and the denominator in the &#8220;months of supply&#8221; calculations, I am changing the regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS).  For an explanation of what seasonally-adjusted active supply is, please <a title=\"Seasonally Adjusted Active Supply: A New Measure of Market Virility\" href=\"http:\/\/seattlebubble.com\/blog\/2009\/04\/27\/seasonally-adjusted-active-supply-a-new-measure-of-market-virility\/\">refer to this post<\/a>. Also, you may view <a title=\"NWMLS King County Breakouts Feb.2002 - Present\" href=\"http:\/\/seattlebubble.com\/blog\/nwmls-kc-breakouts\/\">a map of the areas discussed in this post<\/a>.<\/p>\n<p>Yet again, the sweet <strong>interactive data visualizations<\/strong> in today&#8217;s post come to you courtesy <a href=\"http:\/\/www.tableausoftware.com\/\" title=\"Tableau Software\">Tableau Software<\/a>.<\/p>\n<p>In the charts below I have taken the calculated value for SAAS and subtracted 2, in order to better visualize the difference between a buyer&#8217;s market and a seller&#8217;s market.  Using this method, negative SAAS values indicate a seller&#8217;s market, while positive values indicate a buyer&#8217;s market.<\/p>\n<p><b>Summary<\/b><\/p>\n<style type=\"text\/css\">.tsimg{display:none;}<\/style>\n<div><iframe loading=\"lazy\" src=\"http:\/\/online.tableausoftware.com\/views\/20090626_SeattleBubble_SAAS\/Seasonally-AdjustedActiveSupply?:embed=yes&amp;:toolbar=no&amp;delay=0&amp;:comments=no\" width=\"665\" frameborder=\"0\" height=\"732\"><\/iframe><\/div>\n<p><a href=\"http:\/\/seattlebubble.com\/blog\/2009\/06\/26\/may-seasonally-adjusted-active-supply-by-neighborhood\/\"><img decoding=\"async\" src=\"http:\/\/www.tableausoftware.com\/files\/20090626_SeattleBubble_Seasonally-Adjusted-Active-Supply-SAAS.png\" class=\"tsimg\"\/><\/a><\/p>\n<div style=\"width:663px;border:1px\">\n<div style=\"height:22px;padding:3px 10px 0px 4px; color:black;font:normal 10pt verdana,helvetica,arial,sans-serif;text-align:left\">\n<div style=\"float:right;font-size:8pt\"><a style=\"color:999999\" href=\"http:\/\/www.tableausoftware.com\/watermark?ref=blog\" target=\"_blank\">powered by tableau online<\/a><\/div>\n<\/div>\n<\/div>\n<p>King County&#8217;s overall SAAS dipped slightly in May, from April&#8217;s 2.9, but remained slightly in &#8220;buyer&#8217;s market&#8221; territory at 2.3.<\/p>\n<p>Hit the jump for the rest of this month&#8217;s interactive charts and commentary.<\/p>\n<p><!--more-->Here&#8217;s a year-over-year comparison for each NWMLS neighborhood.<\/p>\n<p><strong>Year-Over-Year Comparison<\/strong><\/p>\n<style type=\"text\/css\">.tsimg{display:none;}<\/style>\n<div><iframe loading=\"lazy\" src=\"http:\/\/online.tableausoftware.com\/views\/20090626_SeattleBubble_SAAS_Original_Charts\/Y-o-YDashboard?:embed=yes&amp;:toolbar=no&amp;delay=0&amp;:comments=no\" width=\"665\" frameborder=\"0\" height=\"582\"><\/iframe><\/div>\n<p><a href=\"http:\/\/seattlebubble.com\/blog\/2009\/06\/26\/may-seasonally-adjusted-active-supply-by-neighborhood\/\"><img decoding=\"async\" src=\"http:\/\/www.tableausoftware.com\/files\/20090626_SeattleBubble_SAAS-Y-o-Y-Dashboard.png\" class=\"tsimg\"\/><\/a><\/p>\n<div style=\"width:663px;border:1px\">\n<div style=\"height:22px;padding:3px 10px 0px 4px; color:black;font:normal 10pt verdana,helvetica,arial,sans-serif;text-align:left\">\n<div style=\"float:right;font-size:8pt\"><a style=\"color:999999\" href=\"http:\/\/www.tableausoftware.com\/watermark?ref=blog\" target=\"_blank\">powered by tableau online<\/a><\/div>\n<\/div>\n<\/div>\n<p>Only eight of thirty neighborhoods were in &#8220;seller&#8217;s market&#8221; territory in May, none of which were located on the Eastside.<\/p>\n<p><strong>Regional History<\/strong><\/p>\n<style type=\"text\/css\">.tsimg{display:none;}<\/style>\n<div><iframe loading=\"lazy\" src=\"http:\/\/online.tableausoftware.com\/views\/20090626_SeattleBubble_SAAS_Original_Charts\/byRegionDashboard?:embed=yes&amp;:toolbar=no&amp;delay=0&amp;:comments=no\" width=\"665\" frameborder=\"0\" height=\"512\"><\/iframe><\/div>\n<p><a href=\"http:\/\/seattlebubble.com\/blog\/2009\/06\/26\/may-seasonally-adjusted-active-supply-by-neighborhood\/\"><img decoding=\"async\" src=\"http:\/\/www.tableausoftware.com\/files\/20090626_SeattleBubble_SAAS-by-Region-Dashboard.png\" class=\"tsimg\"\/><\/a><\/p>\n<div style=\"width:663px;border:1px\">\n<div style=\"height:22px;padding:3px 10px 0px 4px; color:black;font:normal 10pt verdana,helvetica,arial,sans-serif;text-align:left\">\n<div style=\"float:right;font-size:8pt\"><a style=\"color:999999\" href=\"http:\/\/www.tableausoftware.com\/watermark?ref=blog\" target=\"_blank\">powered by tableau online<\/a><\/div>\n<\/div>\n<\/div>\n<p>Seasonally-adjusted active supply decreased in most neighborhoods from April to May, as one would expect due to the seasonal nature of the real estate market.  Jovita \/ West Hill Auburn (100) and Des Moines \/ Redondo (120) were notable exceptions.<\/p>\n<p>The three toughest markets for sellers were Vashon Island (800) at 5.2, Downtown Seattle condos (701) at 4.9, and Kirkland\u2013Bridle Trails (560) and Mercer Island (510) tied at 4.1.<\/p>\n<p>The three best markets for sellers as of last month were Central Seattle SW \/ Beacon Hill (385) at 1.4, Lake Forest Park \/ Kenmore (720) at 1.6, and Dash Point \/ Federal Way (110) at 1.7.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to the definition change by the NWMLS in both the numerator and the denominator in the &#8220;months of supply&#8221; calculations, I am changing the regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). For an explanation of what seasonally-adjusted active supply is, please refer to this post. Also, you may view a map of&#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":[8,217],"tags":[222,1120,6,521,200,531],"coauthors":[],"class_list":["post-6079","post","type-post","status-publish","format-standard","hentry","category-stats","category-neighborhoods","tag-graphs","tag-neighborhoods","tag-nwmls","tag-saas","tag-statistics","tag-tableau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>May Seasonally-Adjusted Active Supply by Neighborhood \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\/2009\/06\/26\/may-seasonally-adjusted-active-supply-by-neighborhood\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"May Seasonally-Adjusted Active Supply by Neighborhood \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Due to the definition change by the NWMLS in both the numerator and the denominator in the &#8220;months of supply&#8221; calculations, I am changing the regular monthly neighborhood update to Seasonally-Adjusted Active Supply (SAAS). 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