RE Statistics - 1st Quarter 2017

RE Magazine — Summer 2017


Number of Washington homes sold at seasonally adjusted annual rates.

107,590

116,971 4th Quarter 2016
120,290 3rd Quarter 2016

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

14.5%, 48.7%, 36.8%

13.9%, 47.6%, 38.5% 4th Quarter 2016
13.8%, 48%, 37.9% 3rd Quarter 2016

Increase in number of homes sold compared to a year earlier.

12.2%

24.6% 4th Quarter 2016
16.1% 3rd Quarter 2016

First time home buyers Affordability Index.

71.4

75.2 4th Quarter 2016
74.3 3rd Quarter 2016

Homes listed for sale on MLSs in Washington at end of quarter.

13,348

12,768 4th Quarter 2016
22,859 3rd Quarter 2016

Washington All-Buyer Housing Affordability Index.

124.3

131.3 4th Quarter 2016
130 3rd Quarter 2016

Median price resale home in WA.

$324,300

$323,000 4th Quarter 2016
$331,100 3rd Quarter 2016

Increase in median home price in Washington compared to a year earlier.

12.1%

24.6% 4th Quarter 2016
16.1% 3rd Quarter 2016

Month’s supply of homes on market in Washington.

2.1

0.9 in King County, 101.6 in Columbia County

1.5 4th Quarter 2016
2.2 3rd Quarter 2016

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

14

15 4th Quarter 2016
12 3rd Quarter 2016

Total Housing Units permitted in Washington for Q4 2016.

8,878

8,779 4th Quarter 2016
7,414 3rd Quarter 2016

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