This Day – Week – Month In Seattle Real Estate – 4/6/2020 – Comparing March 2020 To The Last 5 Years
Today we’re combining our daily, weekly, and monthly reports into one, for a special edition: A detailed look at March 2020 in relationship to 2015 through 2019, to get a sense of how prices and volumes have changed, for the central Seattle real estate market, which we like to call “The Canary In The Coal Mine”. If you own real estate in Seattle, or if you’re considering buying or selling in city, you’ll find this informational and substantive.
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That’s it for now, we hope you will continue to stay safe, stay healthy!
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
You can access this graph any time here: tinyurl.com/BPStatisticsDaily.
Bruce Phares
This Week In Seattle Real Estate – 4/4/2020 – Looking back on Week 1 Of Shelter In Place – Bonus: 30 Seconds Of Zen Sunrise
Week 2 SIP, Friday: NA daily/weekly holding, Total hits YH @507. PI all slight receding. P daily/weekly slight receding, Total drops 40 in 1 week. 6DOM daily/wkly slight recede, total down 50 in week. P/PI down 50~ in week. Ratios: P/PI to NA receding 10% per day, P/PI to total A dropping about 8% per day. 6DOM to P/PI holding just under 50%, 6DOM to NA dropping, now 30%~. NWMLS Mkt Watch: NAs on rise, Ps declining, but P to NA is 169%, down from year high at 206%.
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
That’s it for now, we hope you will continue to stay safe, stay healthy!
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
You can access this graph any time here: tinyurl.com/BPStatisticsDaily.
Bruce Phares
Today In Seattle Real Estate – 4/3/2020 – Day 8 Of SIP – A Peek At Active Listing Locations
Day 8 SIP, Thursday: NA holding, weekly dropping, but total at YH crest. PI daily under 5, weekly receding, total holding.P on the rise, but just over 5, weekly dropping, T dropping. Total P/PI on rise, weekly and total dropping. Ratios of P’s and 6DOMs: All dropping. NWMLS Mkt Watch: NA advanced, NP advancing, NP to NA % white hot. 30 yr fixed is bouncing around. See video below for further explanations!
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
That’s it for now, we hope you will continue to stay safe, stay healthy!
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
You can access this graph any time here: tinyurl.com/BPStatisticsDaily.
Bruce Phares
Today In Seattle Real Estate – 4/1/2020 – Day 7 Of Shelter In Place – Where Are The New Listings Located?
Day 7 of Shelter In Place, Wednesday: New Actives daily rose to 14, weekly dropped to 100, total holding mid 480. Pending still below 5, weekly dropping by 10 a day, total receding. 6DOM under 5, weekly dropping by 7~ per day, total receding. Total P/PI daily holding under 10, weekly dropping, total dropping. Ratios: P/PI to NA weekly @ 83%, total dropping to just over 100%. 6DOM to P/PI weekly receding, now around 50%. 6DOM to NA is 45%. NWMLS Mkt Watch actives and pendings receding, but NP to NA is 206%
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
That’s it for now, we hope you will continue to stay safe, stay healthy!
Subscribe to either the monthly, weekly, or daily email updates here: http://tinyurl.com/seattlerealestatemarketupdates
You can access this graph any time here: tinyurl.com/BPStatisticsDaily.
Bruce Phares
Today In Seattle Real Estate – 3/31/2020 – Day 5 Of SIP – Actives Gaining, Pendings Declining
Day 5 of Shelter In Place: Monday – Daily Newly Actives jump, as do weekly and total. Pending-Inspections hold at 1. Pendings @4. 6Day Off Market are for first time @0. 10 to 1 relationship between New Actives and Pending Inspections. See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
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You can always see our weekly Seattle market update “This Week In Seattle Real Estate” at brucephares.withwre.
You can access this graph any time here: tinyurl.com/BPStatisticsDaily.
Bruce Phares
This Week In Seattle Real Estate – 3/30/2020 – Week 1 Of Shelter In Place
Yesterday, Sunday, was day 4 of SIP. Daily NAs lowering. PI daily lowering. P daily lowering. 6DOM lowering. P/PI’s Lowered. Ratios between 6DOMs and NA’s are skewed due to COVID. Interest rates declining: 30yrfix: 3.37%. See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Bruce Phares
Today In Seattle Real Estate – 3/26/2020 – Day 1 Of Shelter In Place In Seattle
Yesterday was day 1 of Shelter In Place in WA State. No agents allowed to conduct any business in the field for at least 2 weeks. Here are the numbers: NA’s all drop by 20~. PI daily decline, weekly/total advance. P all decline. 6DOM daily/weekly down by 5~, total still strong. Ratios: P/PI ratios rising, 6DOM rising. NWMLS Mkt Watch NP/NA @139%. See video below for more explanation!
Key: NA=New Active. PI=Pending Inspection. P=Pending. 6DOM= 6-day or less off-market. SIP=Shelter In Place.
See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Bruce Phares
Today In Seattle Real Estate – 3/24/2020 – 2 Days Before Shelter In Place Washington State Copy
Daily – 3/24/2020: Washington State is on day 1 of 2-day pre-shelter-in-place order from Governor. Numbers not changing, YET… Here we go:
Newly Actives (NA) daily strong Monday, weekly pushing up, total strong. Pending-Inspections (PI’s) holding. Pendings (P) strong. 6DOM still at crest. Ratios: 6DOM (6-day-off-market)%toP/PI @year high, weekly to NA just under 50%. NWMLS Mkt Wtch: 111% NP to NA. See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Bruce Phares
Today In Seattle Real Estate – 3/24/2020 – 2 Days Before Shelter In Place Washington State
Daily – 3/24/2020: Washington State is on day 1 of 2-day pre-shelter-in-place order from Governor. Numbers not changing, YET… Here we go:
Newly Actives (NA) daily strong Monday, weekly pushing up, total strong. Pending-Inspections (PI’s) holding. Pendings (P) strong. 6DOM still at crest. Ratios: 6DOM (6-day-off-market)%toP/PI @year high, weekly to NA just under 50%. NWMLS Mkt Wtch: 111% NP to NA. See daily updates to our market graph: tinyurl.com/BPStatisticsDaily
Bruce Phares
This Week In Seattle Real Estate – March 1st Week: Seller’s Market Numbers Remain Strong
3/10/2020: This week NA’s (new actives) had a high for the year, in 1 day and weekly, cresting 200 for the second time since the beginning of the year, but retreated quickly by 20% to 168. PI (pending inspection) weekly and totals holding around 30 and 50. P’s (Pendings) weekly and totals crested at 135 and 485, while 6-day off-markets also hit new yearly highs with daily and totals. All P’s to A’s are at a high. 6-day off-market P/PI’s to NA’s ratio is a whopping 48%. NWMLS shows P to NA at 162%. It’s a very seller-friendly market out there!
Bruce Phares
