market update all king county summary...
TRANSCRIPT
December, 2016 MTD
Year Rank (Multiple Items)
Current Year Month Parell Year Month Match?Yes
MARKET UPDATE
8,187
8,707
6,918
7,364
5,491
2,9453,127
2,758
1,764 1,639
1,086911
1,413 1,3791,592 1,617 1,529 1,669
1,475 1,641
7.5
9.6
4.95.3
3.4
1.82.0
1.71.2
1.0
0 mo.
2 mo.
4 mo.
6 mo.
8 mo.
10 mo.
12 mo.
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
12/07 12/08 12/09 12/10 12/11 12/12 12/13 12/14 12/15 12/16
Active, Pending, & Months Supply of Inventory
Active Listings MTD
Pending Sales MTD
Months of Inventory
$435,000
$403,500$380,000 $370,000
$320,000
$380,046
$419,825$440,000
$508,000
$550,000
0
100,000
200,000
300,000
400,000
500,000
600,000
12/07 12/08 12/09 12/10 12/11 12/12 12/13 12/14 12/15 12/16
-7% -6% -3% -14% 19% 10% 5% 15% 8%
Data Current Through: December, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Median Closed Sales Price for Current Month Closings
All King County Summary Report
RESIDENTIAL ONLY
December MTD
MARKET UPDATE
40,992
38,889
33,744 34,248
29,451
27,351
30,947 31,467 30,83932,001
23,790
15,991 16,022 16,64018,150
21,539
24,693 24,393
26,693 27,137
58%
41%
47% 49%
62%
79% 80%78%
87% 85%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
12/07 12/08 12/09 12/10 12/11 12/12 12/13 12/14 12/15 12/16
What Are The Odds of Selling?
New Listings (Trailing 12 Mo.) Closed Sales (Trailing 12 Mo.) Closed Vs. New Listings
Data Current Through: December, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
All King County Summary Report
RESIDENTIAL ONLY
25,341
18,895
23,019 23,223
25,657
29,878
31,414 31,190
33,227 32,889
23,790
15,991 16,02216,640
18,150
21,539
24,693 24,393
26,693 27,137
6 %
15 %
30 %
28 %29 %
28 %
21 % 22 %
20 %
17 %
0%
5%
10%
15%
20%
25%
30%
35%
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
12/07 12/08 12/09 12/10 12/11 12/12 12/13 12/14 12/15 12/16
Percentage of Pending Sales that do not Close
Pending Sales (Trailing 12 Mo.) Closed Sales (Trailing 12 Mo.) Closed Vs. Pending Listings
DECEMBER 2016
AVERAGE DAYS
ON MARKET8 16 29 72
NUMBER OF SALES
IN MONTH706 339 356 753
MEDIAN DIFFERENCE
FROM LIST PRICE4% 0% -2% N/A
SOLD
ABOVE
LIST
PRICE
SOLD
AT
LIST
PRICE
SOLD
BELOW
LIST
PRICE
PRICE
CHANGE
BEFORE
SALE
MARKET UPDATE Data Current Through: December, 2016
PERCENTAGE OF LISTINGS SOLD ABOVE, AT, BELOW LIST PRICE AND WITH A PRICE CHANGE
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
All King County Summary Report
RESIDENTIAL ONLY
31%
14%18%
37%
SAME MONTH LAST YEAR
-Dec-
1520
34%
16%17%
33%
LAST MONTH
-Nov-
1620
33%
16%16%
35%
CURRENT MONTH
-Dec-
1620
Area Area
2016 2015 2016 2015
100 1.3 1.6 530 0.4 0.8
110 1.2 1.4 540 1.1 1.7
120 1.7 1.2 550 1.0 1.0
130 0.8 1.2 560 1.0 1.3
140 1.0 0.6 600 0.9 1.5
300 1.8 3.0 610 0.8 1.3
310 1.3 1.6 700 0.9 1.3
320 1.0 1.4 705 0.5 0.6
330 1.1 1.2 710 0.5 0.8
340 0.7 1.0 715 0.9 1.0
350 1.1 1.4 720 0.8 0.7
360 1.0 1.0 730 0.4 0.8
380 0.9 0.8 740 0.9 1.4
385 0.5 1.5 750 1.5 1.5
390 0.9 1.0 760 1.4 1.6
500 1.2 1.0 770 1.3 1.7
510 3.0 2.7 800 2.5 2.3
520 1.8 1.8
Months
Inventory
Months
Inventory
MARKET UPDATE Data Current Through: December, 2016
0 - 3 3 - 6 6+SELLER'S
ADVANTAGE
BALANCED
ADVANTAGE
BUYER'S
ADVANTAGE
3 YEARS AGO
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
2 YEARS AGO 1 YEAR AGO
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
A r lington
M a rysville
M on roe
E dmonds M o unt lake
Wo odinville
R e dmondK i rkland
B ellevueSam mamish
N o rth
B e nd
R e nton
B u rien
K ent
Au burnF e deral
Wa y
E numclaw
P u yallup
T acoma
S e attle
715 720
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
A rlington
M arysville
M onroe
Edmonds M o unt lake
Wo odinville
R e dmondK irkland
BellevueSam mamish
N o rth
B e nd
R e nton
B urien
Kent
AuburnF e deral
Wa y
E numclaw
P u yallup
T acoma
S e attle
715 720
770
760
750740
610
730
600
550
540
560
520 530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
A r lington
M arysville
M onroe
Edmonds M o unt lake
Wo odinville
R e dmondK i rkland
BellevueSam mamish
N o rth
B e nd
R e nton
B u rien
Kent
Au burnF e deral
Wa y
E numclaw
P u yallup
T acoma
S e attle
715 720
Months
Supply
of
Inventory
•
CURRENT
MONTH
•KING &
SNOHOMISH
COUNTY
•
Residential
770
760
750740
610
730
600
550
540
560
520530
705 710
320
300
310
100
110
120 330
340
350 500
390700
140385
380
510
360130
800
Arlington
Marysville
Monroe
Edmonds Mountlake
Terrace
Woodinville
RedmondKirkland
BellevueSammamish
North
Bend
Renton
Burien
Kent
AuburnFederal Way
Enumclaw
Puyallup
Tacoma
Seattle
715 720
King CountyMedian
Price
Rate
30-Year-Fixed
P&I
Principal & Interest
Market
Time
(DOM)
Median SP
to Original
LP %
Median SP
to Last
LP %
Total
Units% of Total
December, 2016 $550,000 4.20% $2,690 < 15 101.2% 100.9% 1,141 53.0%
December, 2015 $508,000 3.96% $2,414 15 - 30 98.2% 99.3% 354 16.4%
$42,000 0.24% $27631 - 60 96.1% 98.7% 356 16.5%
$3,31261 - 90 94.7% 99.0% 148 6.9%
90+ 94.0% 98.4% 155 7.2%
Totals 2,154 100.0%
Per Year
Per Month
MARKET UPDATE Data Current Through: December, 2016
King County Annual Average Residential Closed Sales Price (with interest rate in bars)
Monthly Payments (principal + interest) based on average price and interest rate
Appreciation Trend Line
represents Seattle Consumer PRice Index: all items, all urban consumers
10.3
%
10.1
%
9.3
%
8.4
%
7.3
%
8.4
%
7.9
%
7.8
%
7.6
%
6.9
%
7.4
%
8.1
%
7.0
%
6.5
%
5.8
%
5.8
%
5.9
%
6.4
%
6.3
%
6.0
%
5.0
%
4.7
%
4.5
%
3.7
%
4.0
%
4.2
%
3.9
%
4.2
%
$1,
275 $1,
587
$1,
46
6
$1,
389
$1,
271
$1,
48
5
$1,
477
$1,
518
$1,
62
6
$1,
714 $
1,9
95 $
2,3
12
$2
,14
4
$2,1
51
$2,0
78
$2
,30
2 $2,6
95
$3,2
44
$3
,50
9
$3,1
72
$2,4
59
$2,3
98
$2,1
36
$2
,02
0 $2
,35
7 $2,6
42
$2,7
47
$3,1
83
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
Sales Price to List Price
based on Market Time
The Cost of
Waiting a Year
Monthly Payments Vs. Appreciation Trendline
King County (RESIDENTIAL ONLY)
RESIDENTIAL ONLY
All King County
RESIDENTIAL ONLY
All King County
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECMTD %
Change
YTD
Summary
YTD %
Change
2016 # of Active Listings 1,934 1,923 2,157 2,600 2,696 3,177 3,554 3,418 3,699 3,025 2,309 1,639 -7% 2,678 AVG -9%
# of Pending Transactions 1,812 2,299 2,877 3,031 3,500 3,362 3,198 3,195 2,921 2,829 2,224 1,641 11% 32,889 YTD -1%
Months Supply of Inventory 1.1 0.8 0.7 0.9 0.8 0.9 1.1 1.1 1.3 1.1 1.0 1.0 -16% 1.0 AVG -9%
# of Closed Sales 1,314 1,330 1,910 2,153 2,509 2,894 2,803 2,789 2,517 2,514 2,249 2,155 5% 27,137 YTD 2%
Median Closed Price 490,970 514,975 531,250 540,000 560,000 573,522 555,000 550,000 538,000 550,000 550,000 550,000 8% 546,149 WA 13%
2015 # of Active Listings 2,681 2,721 2,737 3,003 3,280 3,418 3,551 3,490 3,403 3,064 2,302 1,764 -36% 2,951 AVG -25%
# of Pending Transactions 2,140 2,485 3,231 3,410 3,447 3,321 3,197 2,971 2,753 2,675 2,122 1,475 -12% 33,227 YTD 7%
Months Supply of Inventory 1.3 1.1 0.8 0.9 1.0 1.0 1.1 1.2 1.2 1.1 1.1 1.2 -28% 1.1 AVG -30%
# of Closed Sales 1,340 1,383 2,091 2,352 2,684 2,904 2,900 2,575 2,364 2,301 1,741 2,058 4% 26,693 YTD 9%
Median Closed Price 441,500 429,900 440,250 480,000 480,942 500,000 485,000 499,950 490,250 480,000 499,950 508,000 15% 481,464 WA 9%
2014 # of Active Listings 3,132 3,173 3,258 3,541 4,158 4,452 4,862 4,967 4,958 4,504 3,658 2,758 -12% 3,952 AVG 3%
# of Pending Transactions 2,010 2,154 2,784 2,981 3,349 3,175 2,901 2,782 2,617 2,640 2,128 1,669 9% 31,190 YTD -1%
Months Supply of Inventory 1.6 1.5 1.2 1.2 1.2 1.4 1.7 1.8 1.9 1.7 1.7 1.7 -19% 1.5 AVG 2%
# of Closed Sales 1,309 1,241 1,772 2,016 2,326 2,476 2,666 2,384 2,113 2,238 1,870 1,982 10% 24,393 YTD -1%
Median Closed Price 410,000 405,400 414,950 430,500 442,250 453,500 468,000 437,000 460,000 447,250 440,000 440,000 5% 440,774 WA 7%
2013 # of Active Listings 2,975 2,947 2,972 3,221 3,759 4,203 4,582 4,900 4,965 4,575 3,820 3,127 6% 3,837 AVG -19%
# of Pending Transactions 2,109 2,469 2,936 3,053 3,236 3,092 3,010 2,845 2,508 2,579 2,048 1,529 -5% 31,414 YTD 5%
Months Supply of Inventory 1.4 1.2 1.0 1.1 1.2 1.4 1.5 1.7 2.0 1.8 1.9 2.0 12% 1.5 AVG -22%
# of Closed Sales 1,363 1,307 1,825 2,096 2,516 2,422 2,648 2,560 2,200 2,187 1,775 1,794 3% 24,693 YTD 15%
Median Closed Price 350,000 365,000 392,000 400,000 417,500 427,500 434,000 430,000 420,000 426,000 414,000 419,825 10% 412,564 WA 13%
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECAnnual
Totals
# of Active Listings 5,929 6,138 6,363 6,728 7,182 7,354 7,646 7,578 7,632 7,184 6,410 5,268 6,784 AVG
% of 12 Month Avg. 87% 90% 94% 99% 106% 108% 113% 112% 112% 106% 94% 78%
# of Pending Transactions 1,744 2,092 2,584 2,674 2,687 2,630 2,467 2,432 2,206 2,232 1,811 1,429 26,987 T
% of 12 Month Avg. 78% 93% 115% 119% 119% 117% 110% 108% 98% 99% 81% 64%
Months Supply of Inventory 3.4 2.9 2.5 2.5 2.7 2.8 3.1 3.1 3.5 3.2 3.5 3.7 3.1 AVG
% of 12 Month Avg. 111% 95% 80% 82% 87% 91% 101% 101% 113% 105% 115% 120%
# of closed units 1,150 1,171 1,690 1,793 2,043 2,173 2,142 2,114 1,831 1,854 1,589 1,614 21,164 T
% of 12 Month Avg. 65% 66% 96% 102% 116% 123% 121% 120% 104% 105% 90% 91%
RESIDENTIAL ONLY
All King County Summary Report
MARKET UPDATE Data Current Through: December, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
AVG = Average, YTD = Year to Date, WA = Weighted Average, T = Total
MONTHLY AVERAGES BASED ON HISTORICAL DATA | 2006 - 2015
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DECMTD %
Change
YTD
Summary
YoY %
Change
2012 # of Active Listings 5,378 5,178 4,978 4,927 5,039 5,091 5,070 5,103 5,007 4,304 3,720 2,945 -46% 4,728 AVG -37%
# of Pending Transactions 1,871 2,429 3,018 2,848 2,981 2,776 2,561 2,623 2,426 2,676 2,052 1,617 2% 29,878 YTD 16%
Months Supply of Inventory 2.9 2.1 1.6 1.7 1.7 1.8 2.0 1.9 2.1 1.6 1.8 1.8 -47% 1.9 AVG -45%
# of Closed Sales 1,095 1,230 1,642 1,769 2,056 2,117 2,120 2,162 1,798 1,981 1,828 1,741 19% 21,539 YTD 19%
Median Closed Price 315,000 308,125 330,000 360,000 362,000 380,000 375,250 378,000 375,000 370,000 385,000 380,046 19% 363,841 WA 7%
2011 # of Active Listings 7,507 7,581 7,590 7,974 8,055 8,177 8,186 7,995 7,763 7,174 6,487 5,491 -25% 7,498 AVG -18%
# of Pending Transactions 1,649 1,962 2,435 2,318 2,485 2,387 2,297 2,329 2,112 2,166 1,925 1,592 15% 25,657 YTD 10%
Months Supply of Inventory 4.6 3.9 3.1 3.4 3.2 3.4 3.6 3.4 3.7 3.3 3.4 3.4 -35% 3.5 AVG -28%
# of Closed Sales 1,017 1,003 1,525 1,533 1,654 1,884 1,678 1,775 1,588 1,489 1,538 1,466 1% 18,150 YTD 9%
Median Closed Price 356,000 334,000 345,000 349,950 345,000 345,000 350,000 350,000 349,550 320,000 321,700 320,000 -14% 340,731 WA -10%
2010 # of Active Listings 7,523 8,115 8,794 9,206 9,497 9,873 10,470 10,390 10,230 9,674 8,722 7,364 6% 9,155 AVG 0%
# of Pending Transactions 1,765 2,079 2,749 2,955 1,789 1,804 1,716 1,776 1,772 1,811 1,628 1,379 -2% 23,223 YTD 1%
Months Supply of Inventory 4.3 3.9 3.2 3.1 5.3 5.5 6.1 5.9 5.8 5.3 5.4 5.3 9% 4.9 AVG -2%
# of Closed Sales 956 997 1,596 1,642 1,766 1,879 1,474 1,313 1,158 1,309 1,092 1,458 0% 16,640 YTD 4%
Median Closed Price 375,000 373,010 367,250 375,000 379,000 383,000 399,950 380,000 379,950 375,000 359,950 370,000 -3% 376,989 WA -1%
2009 # of Active Listings 9,006 9,525 9,588 9,608 9,852 9,655 9,857 9,491 9,360 8,869 8,218 6,918 -21% 9,162 AVG -16%
# of Pending Transactions 1,159 1,264 1,683 2,114 2,246 2,447 2,217 2,311 2,289 2,295 1,581 1,413 55% 23,019 YTD 22%
Months Supply of Inventory 7.8 7.5 5.7 4.5 4.4 3.9 4.4 4.1 4.1 3.9 5.2 4.9 -49% 5.0 AVG -29%
# of Closed Sales 674 661 968 1,004 1,312 1,655 1,727 1,609 1,618 1,758 1,574 1,462 57% 16,022 YTD 0%
Median Closed Price 382,500 375,000 363,850 380,000 375,000 395,000 384,000 375,000 382,160 377,500 370,000 380,000 -6% 378,954 WA -12%
2008 # of Active Listings 9,231 9,875 10,592 11,424 12,310 11,863 12,288 11,949 11,610 11,050 10,174 8,707 6% 10,923 AVG 25%
# of Pending Transactions 1,225 1,609 1,710 1,840 1,766 1,965 1,855 1,757 1,767 1,327 1,163 911 -16% 18,895 YTD -25%
Months Supply of Inventory 7.5 6.1 6.2 6.2 7.0 6.0 6.6 6.8 6.6 8.3 8.7 9.6 27% 7.1 AVG 57%
# of Closed Sales 1,037 1,148 1,503 1,551 1,533 1,592 1,562 1,533 1,415 1,319 869 929 -31% 15,991 YTD -33%
Median Closed Price 435,000 429,900 439,900 448,500 440,000 449,700 445,000 423,950 415,000 392,000 395,000 403,500 -7% 428,944 WA -6%
2007 # of Active Listings 5,932 6,124 6,762 7,649 8,689 9,458 9,947 10,298 11,103 10,756 9,955 8,187 51% 8,738 AVG 196%
# of Pending Transactions 1,766 2,375 2,710 2,548 2,881 2,700 2,453 2,094 1,541 1,711 1,476 1,086 -33% 25,341 YTD 127%
Months Supply of Inventory 3.4 2.6 2.5 3.0 3.0 3.5 4.1 4.9 7.2 6.3 6.7 7.5 126% 4.6 AVG 239%
# of Closed Sales 1,558 1,572 2,286 2,173 2,537 2,632 2,501 2,310 1,697 1,659 1,525 1,340 -30% 23,790 YTD 106%
Median Closed Price 429,495 429,925 454,950 465,000 469,000 470,000 481,000 477,345 450,000 443,950 435,000 435,000 -1% 457,101 WA 5%
2006 # of Active Listings 0 0 0 0 0 0 0 7,199 7,919 7,865 7,040 5,423 23% 2,954 AVG 27%
# of Pending Transactions 0 0 0 0 0 0 0 2,832 2,271 2,440 1,985 1,623 -9% 11,151 YTD -14%
Months Supply of Inventory 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.5 3.5 3.2 3.5 3.3 36% 1.3 AVG 47%
# of Closed Sales 0 0 0 0 0 0 0 2,923 2,358 2,300 2,081 1,905 -21% 11,567 YTD -16%
Median Closed Price 0 0 0 0 0 0 0 435,000 425,000 440,000 435,000 440,000 12% 434,779 WA 12%
RESIDENTIAL ONLY
All King County Summary Report
MARKET UPDATE Data Current Through: December, 2016
Created by Windermere Real Estate/East Inc. using NWMLS data, but information was not verified or published by NWMLS.
AVG = Average, YTD = Year to Date, WA = Weighted Average