I’ve modified the format slightly to include month end stats and will continue that each week. For those just tuning in to Sunday Night Stats for King County, I post these every Sunday night and the UP or DOWN is as compared to last Sunday night’s data.
The data changes based on late postings. A sale closed in January can sometimes show up in February as January. So I’m updating the January closings each week as well, both here and in last Sunday night’s post. I’ve had some emails from people who are pulling these and putting them into spreadsheets. When we get past the 1st quarter, I’ll post a graph YOY by month and quarter.
King County – Residential
For sale – 8,879 – UP 241
In Escrow – 2301 – UP 147
Closed year to date – 1071 – UP 183
Sold/Closed in January – 902
King County – Condo Market
For sale – 3,082 – UP 99
In escrow – 828- UP 33
Closed year to date – 362 – UP 69
Sold/Closed in January -311
I’ll head over to last week’s post and update the January Sold data and percentage change YOY.
“Statistics not compiled or published by NWMLS.
Ardell, I presume the “UP” is from the previous week. To put these numbers in prespective, it would be nice to publish the same numbers from a year ago, if the data is avaliable.
Clivel,
I can only do YOY on closed sales, and prefer to do that on a month to month basis vs. every week.
The weekly stats are to give us an idea of the trend up or down, and whether properties going into escrow and closing are keeping pace with new inventory coming on market.
I’m more interested in where this market is going…than where it’s been. But YOY as to closed sales month to month is a real eye opener and I will continue to do those.
I’m doing a special one on Friday showing whether or not homes that should sell are lingering or selling. Four weeks ago I started viewing property in Bellevue/Redmond and picking the ones that should be sold within 30 days. Friday I will be posting whether they sold or not. That will be very telling as to what’s happening, or not happening, in this market.
To answer your other question
” the UP or DOWN is as compared to last Sunday night’s data.”
Would be nice to see Pierce County in this since I have property there. This is great to see the latest and greatest trends. Are you encouraged by these results? Thanks