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NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back

NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back

January market stats were published by the NWMLS yesterday. The King County median price of single-family homes fell year-over-year for the first time since March of 2012. Inventory is way up from a year ago, but pending sales started increasing year-over-year, so buyers may be coming back.

The post NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back appeared first on Seattle Bubble.

NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
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NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back
seattlebubble seattlebubble | 5 years ago
January market stats were published by the NWMLS yesterday. The King County median price of single-family homes fell year-over-year for the first time since March of 2012. Inventory is way up from a year ago, but pending sales started increasing year-over-year, so buyers may be coming back. The post NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back appeared first on Seattle Bubble.
January market stats were published by the NWMLS yesterday. The King County median price of single-family homes fell year-over-year for the first time since March of 2012. Inventory is way up from a year ago, but pending sales started increasing year-over-year, so buyers may be coming back. The post NWMLS: Home prices are falling and inventory is soaring, but pending sales are bouncing back appeared first on Seattle Bubble.
NWMLS: Home prices back in black, snow storm freezes out pending sales
NWMLS: Home prices back in black, snow storm freezes out pending sales
NWMLS: Home prices back in black, snow storm freezes out pending sales
NWMLS: Home prices back in black, snow storm freezes out pending sales
seattlebubble seattlebubble | 5 years ago
Let's play some catchup and take a look at February market stats from the NWMLS. The King County median price of single-family homes was basically flat year-over-year in February, inventory was way up from a year ago but not by as much as it has been, and pending sales slipped thanks to the nasty weatherโ€ฆ The post NWMLS: Home prices back in black, snow storm freezes out pending sales appeared first on Seattle Bubble.
Let's play some catchup and take a look at February market stats from the NWMLS. The King County median price of single-family homes was basically flat year-over-year in February, inventory was way up from a year ago but not by as much as it has been, and pending sales slipped thanks to the nasty weatherโ€ฆ The post NWMLS: Home prices back in black, snow storm freezes out pending sales appeared first on Seattle Bubble.
NWMLS: Home prices and sales stagnated in June
NWMLS: Home prices and sales stagnated in June
NWMLS: Home prices and sales stagnated in June
NWMLS: Home prices and sales stagnated in June
seattlebubble seattlebubble | 4 years ago
The NWMLS just published their June stats, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year again in June, the fourth month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this morning, the rate of increase is rapidly declining from the all-time high set in December. Closed sales were down a bit from a year earlier, while pending sal...
The NWMLS just published their June stats, so let's take a look at how the month shook out for the housing market. The King County median price of single-family homes was down year-over-year again in June, the fourth month in a row of declines. Inventory was up from a year ago again, but the as we mentioned in the preview post earlier this morning, the rate of increase is rapidly declining from the all-time high set in December. Closed sales were down a bit from a year earlier, while pending sal...
NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further
NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further
NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further
NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further
seattlebubble seattlebubble | 5 years ago
November market stats were published by the NWMLS this morning. Home prices slipped to their lowest level since January, and inventory is declining seasonally but hit its highest November level since 2011. Both pending and closed sales continued to slip from last year as well. November's year-over-year listing growth was an all-time record at a whopping 114 percent. The post NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further appeared first on Seattle Bubb...
November market stats were published by the NWMLS this morning. Home prices slipped to their lowest level since January, and inventory is declining seasonally but hit its highest November level since 2011. Both pending and closed sales continued to slip from last year as well. November's year-over-year listing growth was an all-time record at a whopping 114 percent. The post NWMLS: Home listing inventory skyrocketed in November as sales and prices both fell further appeared first on Seattle Bubb...
North Texas new home sales, pending sales and prices still rising
North Texas new home sales, pending sales and prices still rising
North Texas new home sales, pending sales and prices still rising
North Texas new home sales, pending sales and prices still rising
bizjournals bizjournals | 1 year ago
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.
North Texas new home sales climbed last month and pending sales are rising, signaling continued strength in the housing market moving into the summer despite inventory challenges, rising mortgage rates, inflation and other headwinds. New home prices also continue to climb, setting another record last month.
Home prices are FALLING FAST
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housingbubble.blog housingbubble.blog | 1 year ago
'Unrelenting demand' for new homes in North Texas pushes sales and prices up (but pending sales drop...
'Unrelenting demand' for new homes in North Texas pushes sales and prices up (but pending sales drop...
'Unrelenting demand' for new homes in North Texas pushes sales and prices up (but pending sales drop...
'Unrelenting demand' for new homes in North Texas pushes sales and prices up (but pending sales drop...
bizjournals bizjournals | 1 year ago
DFW new home sales jumped last month and so did new home prices. The one less-than-rosy data point for builders was pending new home sales, which fell statewide and in North Texas โ€” potentially signaling a slowdown ahead.
DFW new home sales jumped last month and so did new home prices. The one less-than-rosy data point for builders was pending new home sales, which fell statewide and in North Texas โ€” potentially signaling a slowdown ahead.
Case-Shiller Tiers: Low Tier Home Prices are Soaring
Case-Shiller Tiers: Low Tier Home Prices are Soaring
Case-Shiller Tiers: Low Tier Home Prices are Soaring
Case-Shiller Tiers: Low Tier Home Prices are Soaring
seattlebubble seattlebubble | 3 years ago
Let's check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller's "Seattle" data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. The post Case-Shiller Tiers: Low Tier Home Prices are Soaring appeared first on Seattle Bubble.
Let's check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller's "Seattle" data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. The post Case-Shiller Tiers: Low Tier Home Prices are Soaring appeared first on Seattle Bubble.
NWMLS: Pending sales hit an all-time high in August
NWMLS: Pending sales hit an all-time high in August
NWMLS: Pending sales hit an all-time high in August
NWMLS: Pending sales hit an all-time high in August
seattlebubble seattlebubble | 3 years ago
August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record highโ€ฆ The post NWMLS: Pending sales hit an all-time high in August appeared first on Seattle Bubble.
August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record highโ€ฆ The post NWMLS: Pending sales hit an all-time high in August appeared first on Seattle Bubble.
Experts say lack of inventory is causing home prices to rise and sales to decline
Experts say lack of inventory is causing home prices to rise and sales to decline
Experts say lack of inventory is causing home prices to rise and sales to decline
Experts say lack of inventory is causing home prices to rise and sales to decline
bizjournals bizjournals | 2 years ago
Local experts said a continued lack of inventory is causing home prices to rise and sales to decline.
Local experts said a continued lack of inventory is causing home prices to rise and sales to decline.