RE Statistics - 3rd Quarter 2016

RE Statistics — 3rd Quarter 2016

Washington REALTORS®

120,290

Number of Washington homes sold in 3rd quarter 2016 at seasonally adjusted annual rates.

13.8%, 48% & 37.9%

Breakdown of sales by 2 or less bedrooms, 3 bedrooms and 4 or more bedrooms.

16.1%

Increase in number of homes sold in 3rd quarter 2016 compared to a year earlier.

$331,100

Median price resale home in Washington in 3rd quarter.

74.3

First time home buyers Affordability Index in 3rd quarter. Up from 74.1 in previous quarter.
• San Juan has a low of 36.1.
• Lincoln has a high of 244.3.

13.2%

Increase in median home price in Washington 2015:Q3 – 2016:Q3.

22,859

Homes listed for sale on MLSs in Washington as of end of 3rd quarter;
• 10.8% less than a year ago

2.2

Month’s supply of homes on market in Washington (3rd Quarter).
• Low of 1.5 in King County.
• High of 68.0 in Columbia County.

130

Washington All-Buyer Housing Affordability Index in 3rd quarter;
• 3.7 point decrease from 2nd quarter.

12

Number of Washington counties with 1st time buyer affordability index below 80

7,414

Total Housing Units permitted in Washington for Q3 2016

 


Provided by Runstad Center for Real Estate Studies, University of Washington

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