RE Statistics - 4th Quarter 2016

RE Magazine — Spring 2017


4th Quarter 2016 3rd Quarter 2016 2nd Quarter 2016
Number of Washington homes sold at seasonally adjusted annual rates   ⤊  116,971 120,290 109,359
Breakdown of sales by 2 or less bedrooms, 3 bedrooms and 4 or more bedrooms   ⤊  13.9%, 47.6%, 38.5% 13.8%, 48%, 37.9% 13.9%, 48.3%, 37.8%
Increase in number of homes sold compared to a year earlier   ⤊  24.6% 16.1% 3.4%
First time home buyers Affordability Index   ⤊  75.2 74.3 76.3
Homes listed for sale on MLSs in Washington at end of quarter   ⤋  12,768 22,859 23,974
Washington All-Buyer Housing Affordability Index   ⤊  131.3 130 133.7
Median price resale home   ⤋  $323,000 $331,100 $317,500
Increase in median home price in Washington compared to a year earlier   ⤋  24.6% 16.1% 3.4%
Month’s supply of homes on market in Washington   ⤋  1.5 2.2 2.4
Number of Washington counties with 1st time buyer affordability index below 80   ⤊  15 12 12
Total Housing Units permitted in Washington for Q4 2016   ⤊  8,779 7,414 6,627

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