Statistics
Snohomish County Homes Trends and Values. Learn where the market is going, what is affecting Snohomish County Home Prices and why. Should you buy or sell your home? Anton will help explain these numbers!!
This is a class on WA Real Estate Statistics where we dove into Snohomish County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did Snohomish County Real Estate Peak?
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Category : Blog
King County Home Trends and Values. Learn where the market is going, what is affecting Seattle WA Home Prices and why.
A class on WA Real Estate Statistics where we dove into Seattle WA Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did King County Real Estate Peak?
Seattle WA graphs and pictures used in this presentation:
Seattle WA Home Values and Trends Video:
VIDEO TRANSCRIPT:
Hi, this is Anton Stetner with the Real Estate Solutions Group at Keller Williams Realty. Hey, we’re going to talk with you real quick about Seattle real estate statistics for February 2012.
Right now, what’s happening here in the city of Seattle, your average property that is selling is a 3 bed, 2.05 bath. I don’t know how they get the 2.05, but that’s what it averages out to, and it’s 2,176 square feet. It’s selling for an average sales price of $446,739. There were 319 sales for February, for a total of $142.5 million in sales.
One thing that’s really interesting is when we compare February of this year to February of last year, there is almost no change in the average price, like literally to be exact, it was up $541. So that’s just spot on. However, when we go in and we compare the year-to-date, the year-to-date is more reflective of what we’ve been seeing in overall King County. Year-to- date in Seattle, the average price is down 10.7%, with sales being up 4.7%.
Once again, here in the city of Seattle what we’re starting to feel is we’re starting to feel upward price pressure. In stuff that is below the median price, we’re seeing inventory starting to get real scarce in that area. We’re also seeing a lack of foreclosure inventory coming on to replace it, and not enough new construction there to keep up with demand. So we expect the trend for the future just to be tightening up there, be a really competitive buyer market, and for it to kind of remain in that beginning stages of a seller’s market.
If you guys have any more thoughts and questions, please leave them below or shoot us a phone call, email, text message, or a smoke signal. Thanks everyone, I’m Anton.
Feel Free to Leave Any Comments or Questions! 
Category : Blog
King County Homes Trends and Values. Learn where the market is going, what is affecting King County Home Prices and why. Could it be the time to buy or sell your home?
A class on WA Real Estate Statistics where we dove into King County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did King County Real Estate Peak?
King County graphs and pictures used in this presentation:
King County WA Statistics and Trends Video:
VIDEO TRANSCRIPT:
Anton: Hey. What’s going on everyone? Anton Stetner here with the Real Estate Solutions Group. We’re here to talk about King County real estate statistics for February of 2012.
Hey, units for February 1,230 sold.
Focus people, focus.
Woman: There are going to be operator errors left and right. Okay. Carry on.
Anton: Okay. So before our operator error, units 1,230 sold. That’s up 18.5%. So just like in January, we’re seeing more properties selling. Year-to-date, we’re up 13.1% versus 2011. The average days on market was 84. It was down 4.7%. The average price in King County, $376,716. Now what does that really mean? It means that the average price from February versus February 2012 was still down 9%, and the average price year-to-date was down 9.2%.
What’s really interesting though, I didn’t write it up here. Months of inventory was 4.2. So once again, that’s putting us in a seller’s market. So in King County what’s happened basically here is inventory is decreasing, sales are up, and we’re feeling lots of upward price pressure for that under 400 product. Multiple offers on anything that’s really priced well. All of the bank owned traditional and new construction listings are selling fast, and what we’re seeing is that’s starting to force more buyers into short sales as they’re running out of inventory in other options.
Ladies and gentlemen, that’s King County real estate statistics. If you have any more questions, leave your thoughts and comments below, send us an email or give us a call, and we will chat with you later. Thanks a lot.
Feel Free to Leave Any Comments or Questions!
Category : Blog
Bellevue Home Trends and Values. Learn where the market is going, what is affecting King County Home Prices and why. Let’s see what the numbers have to say!!
A class on WA Real Estate Statistics where we dove into Bellevue Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did King County Real Estate Peak?
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Category : Blog
Cities With Greatest Drop in Home Sale Prices
As we all know our economy is constantly changing including real estate. Below is a list of cities with the greatest drop in home sale prices. This may also mean there might be some good investments to be had!! Take a look!
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Category : Blog
10 metros with biggest 1-year rise in real estate list prices
By Inman News
Editor’s note: This article is based on data compiled by online real estate portal Realtor.com. The top 10 markets were determined based on the largest annual percentage increase in a metro’s median list price of homes displayed at Realtor.com during 2011.
No metro areas west of El Paso, Texas, earned a spot among the top 10 U.S. hot spots with the highest year-over-year hikes in median list price during 2011. Another Texas metro, San Antonio, ranked fifth on the list, based on data provided by online real estate portal Realtor.com.
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Category : Blog
Seattle Home Trends and Values. Learn where the market is going, what is affecting King County Home Prices and why. Is now the time to buy or sell?
A class on WA Real Estate Statistics where we dove into Seattle Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did King County Real Estate Peak?
(more…)
Category : Blog
Bellevue Homes Trends and Values. Learn where the market is going, what is affecting King County Home Prices and why. What do these numbers tell us about the housing market?
A class on WA Real Estate Statistics where we dove into King County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did Bellevue WA Real Estate Peak?
(more…)
Category : Blog
King County Home Trends and Values. Learn where the market is going, what is affecting King County Home Prices and why.
A class on WA Real Estate Statistics where we dove into King County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did King County Real Estate Peak?
(more…)
Category : Blog
Snohomish County Homes Real Estate Statistics and Trends. Learn where the market is going, what is affecting Snohomish County Home Prices and why. Is this a prime time to buy or sell? Find out what the numbers tell us!!!
A class on WA Real Estate Statistics where we dove into Snohomish County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did Snohomish County Real Estate Peak?
(more…)
Category : Blog
Snohomish County HomesTrends and Values. Learn where the market is going, what is affecting Snohomish County Home Prices and why.
A class on WA Real Estate Statistics where we dove into Snohomish County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did Snohomish County Real Estate Peak?
Category : Blog
Snohomish County Homes Trends and Values. Learn where the market is going, what is affecting Snohomish County Home Prices and why.
A class on WA Real Estate Statistics where we dove into Snohomish County Real Estate Statistics and the market. How the market is being affected by Bank Owned Properties, Short Sales, the Economy, etc. and When did Snohomish County Real Estate Peak?
Category : Blog
