{"id":9698,"date":"2010-02-18T06:45:07","date_gmt":"2010-02-18T14:45:07","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=9698"},"modified":"2010-02-18T10:51:41","modified_gmt":"2010-02-18T18:51:41","slug":"comparing-january-sales-rates-across-western-wa","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2010\/02\/18\/comparing-january-sales-rates-across-western-wa\/","title":{"rendered":"Comparing January Sales Rates Across Western WA"},"content":{"rendered":"<p>Let&#8217;s take a slightly geographically broader look at home sales than we usually restrict ourselves to.<\/p>\n<p>In the Tableau viz below, you&#8217;re looking at all the NWMLS data on the number of closed single-family sales in Western Washington for every January since 2000.  The &#8220;heat&#8221; number is simply the number of closed SFH sales divided by the <a href=\"http:\/\/www.ofm.wa.gov\/pop\/april1\/default.asp\" title=\"Office of Financial Management: Official April 1 Population Estimates\">OFM population estimate<\/a> for the previous year, then multiplied by 100,000 so it will display as a number above 1.  Drag the year slider below the map left and right to view the data for different years.<\/p>\n<div style=\"width: 600px; height: 740px;\">\n<script type=\"text\/javascript\" src=\"http:\/\/public.tableausoftware.com\/javascripts\/api\/viz_v1.js\"><\/script><object class=\"tableauViz\" width=\"604\" height=\"719\" style=\"display:none;\"><param name=\"name\" value=\"JanuarySalesRates\/WesternWAJanuarySalesRates\" \/><param name=\"toolbar\" value=\"yes\" \/><\/object><noscript>Western WA January Sales Rates <br \/><a href=\"http:\/\/seattlebubble.com\/blog\/2010\/02\/18\/comparing-january-sales-rates-across-western-wa\/\"><img decoding=\"async\" alt=\"Western WA January Sales Rates \" src=\"http:\/\/public.tableausoftware.com\/static\/images\/JanuarySalesRates-WesternWAJanuarySalesRates_rss.png\" height=\"100%\" \/><\/a><\/noscript><\/p>\n<div style=\"width:604px;height:22px;padding:0px 10px 0px 0px; margin-top: -6px; color:black;font:normal 8pt verdana,helvetica,arial,sans-serif;\">\n<div style=\"padding-left: 488px;\"><a href=\"http:\/\/www.tableausoftware.com\/public?ref=http:\/\/public.tableausoftware.com\/views\/JanuarySalesRates\/WesternWAJanuarySalesRates\" target=\"_blank\">Powered by Tableau<\/a><\/div>\n<\/div>\n<\/div>\n<p>2005 was the hottest year for January sales in most counties, with Island County topping the charts that January with 116 closed sales for a population of just 74,800.<\/p>\n<p><b>Update 2:<\/b> I have updated the data to include the RMLS sales stats for Clark County.  With this change, Clark actually has one of the &#8220;warmest&#8221; sales rates for 2009 and 2010.<\/p>\n<p><del datetime=\"2010-02-18T18:50:26+00:00\">What I find especially interesting is how depressed sales are down in Clark County.  It&#8217;s the fourth-most populous county in Western Washington, and yet in January it had the third-fewest closed sales.  Just 34 sales vs. a population in excess of 431,000.  Ouch.  Not a good time to be selling a home in Clark County.<\/del><\/p>\n<p><b>Update:<\/b> Jim from Redfin drops by <a href=\"http:\/\/seattlebubble.com\/blog\/2010\/02\/18\/comparing-january-sales-rates-across-western-wa\/#comment-94835\" title=\"Comment by Jim\">with an explanation<\/a> for the apparent ultra-depressed state of sales in Clark County: Market fragmentation across multiple MLSes.<\/p>\n<blockquote><p>The large majority of listings in Clark county are actually on Portland&#8217;s MLS system (RMLS.com) and not the NWMLS. That probably explains the low reported sales figure for that county.<\/p><\/blockquote>\n<p>Thanks, Jim!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s take a slightly geographically broader look at home sales than we usually restrict ourselves to. In the Tableau viz below, you&#8217;re looking at all the NWMLS data on the number of closed single-family sales in Western Washington for every January since 2000. The &#8220;heat&#8221; number is simply the number of closed SFH sales divided&#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":[387,6,559,78,531],"coauthors":[],"class_list":["post-9698","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-closed","tag-nwmls","tag-ofm","tag-population","tag-tableau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comparing January Sales Rates Across Western WA \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\/2010\/02\/18\/comparing-january-sales-rates-across-western-wa\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Comparing January Sales Rates Across Western WA \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s take a slightly geographically broader look at home sales than we usually restrict ourselves to. 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