Real Estate is all about statistics … The following statistics can help define the sales price of a home you are thinking of buying and/or selling and assist in determining if the value is justified.
I use a variety of statistics, but the few I like to share the most are shown below. They keep us updated in regard to what is going on in the local economy as well as the real estate market.
The Gardner Report …
Each quarter, Windermere partners with Gardner Economics to provide an analysis and commentary on the Western Washington real estate market. This report is designed to help educate buyers and sellers about the realities of the housing market. Numbers alone do not always give an accurate picture of local economic conditions; therefore the goal is to provide insight into what the statistics mean and how they impact the Western Washington housing economy. I hope that you will use this information will provide you with everything you need to make an informed real estate decision.
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Standard & Poor / Case-Shiller …
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Harvard University …
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Windermere Statistics … The map below shows the Months of Supply in Inventory for residential properties. Note the improvements in both King and Snohomish counties from last year with the market showing more balanced areas than not. |
Seattle Market Digest … Each month Steve Fuller of The Seattle Times compiles information on the Seattle area including market highlights of the labor market, retail market, regional development, travel market, economy and real estate market. |
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