Uncategorized Seattle Area Real Estate Statistics for January 2011 Stats are out for January and there are some interesting things to look at. After the “calm” of the holiday season, we are off to a brisk start to the new year. Open houses were very busy in January and that has seemed to translate into contracts written. Closed sales decreased in January, which is […]
Uncategorized Seattle Area Real Estate Market Statistics – December 2010 Happy New Year!  To kick off 2011, let's recap the last 5 years of the housing market in King and Snohomish Counties.  At the end of 2005, the market was running on all cylinders and nearly one in every two homes that came on the market sold in a month…  Put differently, there was only about 2 […]
Uncategorized Seattle Area Housing Market Statistics for November 2010 As I've mentioned many times, we have been fairly flat as far as prices go for over a year now.  Well, average prices did hit a new low in November.  For King and Snohomish Counties combined, the average price now stands at $398,000 and the average price per square foot is $183.  These levels are just slightly […]
Uncategorized Seattle Area Housing Market Statistics for October 2010 Let's jump right into the stats for King and Snohomish Counties combined for October…  Active listings decreased 5.3% from September but are up 7.4% from October 2009.  Pending sales are up 13.2% from September but are down 10.9% from last October.  Closed sales declined 5.9% from September and also declined 32.4% from last year at […]
Uncategorized Time for Reflection Since real estate activity starts to slow down a bit as we hit the holidays, this is always a good time to take a deep breath and reflect on the year to date.  2010 started with the homebuyer tax credit which definitely put a “bid” under the market and pushed prices up slightly and cleared […]
Uncategorized Seattle Area Housing Market Statistics for September 2010 True to form, activity picked up in September after summer "unofficially" ended around Labor Day.  It hasn't been a barn burner of a month by any means, but it was nice to see open houses get busier and some inventory get sold.  The sales will become more obvious in the stats after this month, but […]
Uncategorized Seattle Area Housing Market Statistics for August 2010 Summer always seems to leave us a little sooner than most of us want, but one bonus of this time of year is that at least we generally get to see a little pick up in housing activity during the autumn months.  Vacations are over, kids are back in school, and those who have been […]
Uncategorized Seattle Area Housing Market Statistics for July 2010 July stats are out and it's a little bit of a mixed bag as far as the data goes.  I'm posting 5 year charts to give a little perspective on what's happened over the last half-decade but I will zero in on the past year or so.  Inventory is up since June and it is […]
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Uncategorized Seattle Area Housing Market Statistics for June 2010 June stats are out and while we're still seeing some sogginess with pending sales after the end of the tax credit, they did tick up slightly in June after they deflated in May.  While sold and pending sales went up slightly from last month, so did new listings.  We have more active listings currently than we did in […]
Buyer Tips The Price of Money For what it’s worth, prices have remained steady and the lure of extremely attractive mortgage rates do seem to be getting some buyers to take action. It’s debatable, but many think that interest rates will rise, sooner or later, if for no other reason than they “can’t get any lower.” For a fun little example, […]
Uncategorized Seattle Housing Statistics for May 2010 May stats are out and the immediate effects of the end of the tax credit are quite clear.  Pending sales have been nearly cut in half from April.  It shouldn't be shocking, but it is still a little disconcerting to see such a precipitous fall off at this time of the year.  In a way, it's […]
Uncategorized April 2010 Statistics April stats are out and I'm going to recap King and Snohomish Counties combined.  Every home and situation is different, but this will give you a general idea of what the numbers look like whether you're in north King County or south Snohomish County.  As an aside, if you ever want charts or statistics for […]
Uncategorized March 2010 Statistics March stats are out and I'm going to give a longer perspective of what's been going on over the past 5 years… In my February stats post, I pointed out how big an uptick we had for pending sales.  Well, that trend continued in March.  For King County, pending sales in March were up 57.6% […]
Uncategorized February 2010 Statistics Where did winter go?  It already feels like spring here in the NW and our very mild winter led to a very mild "off-season" in real estate.  Activity chugged along quite nicely over the coldest months and it is really starting to pick up steam now.  This chart shows that while active listings in King […]