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Metro Seattle Inventory (Sales) 2008

Tracking King & Snohomish Counties, Washington

Population 2007: 2.50 million
01/01/2007 Listing per population ratio 1:231
09/30/2007 Listing per population ratio 1:110

01/2007: 11,888 (3,062)___01/2006: 8,425 (2,468)
02/2007: 12,230 (3,022)___02/2006: 8,527 (3,391)
03/2007: 13,210 (4,444)___03/2006: 8,724 (4,772)
04/2007: 14,608 (4,451)___04/2006: 9,284 (4,585)
05/2007: 16,295 (4,892)___05/2006: 10,018 (5,027)
06/2007: 18,546 (5,052)___06/2006: 11,415 (5,597)
07/2007: 19,604 (4,678)___07/2006: 12,172 (5,063)
08/2007: 21,382 (4,490)___08/2006: 12,933 (5,684)
09/2007: 22,804 (3,492)___09/2006: 14,333 (4,661)
10/2007: 22,788 (3,206)___10/2006: 14,395 (4,432)
11/2007: 21,292 (3,022)___11/2006: 13,603 (3,925)
12/2007: 18,775 (2,537)___12/2006: 11,851 (3,720)

Population 2008:
01/11/2008 Listing per population ratio 1:133

01/11: 18,825

Record high inventory: 25,660 homes, August 1991.
NWMLS per research from Tim of Seattle Bubble

Population 1991: 2.0 million
Listing per population 1991 1:78
Population adjusted record high inventory: 32,051.

Inventory numbers are listed first followed by sales figures in parenthesis, with corresponding inventory and sales information from prior year to the right. Inventory include SFR, Condos, MFR, and land parcels, data obtained from ZipRealty. Sales include new and resale homes from Northwest Real Estate.

Similar entries
  • Metro Seattle Inventory (Sales)

    Tracking King & Snohomish Counties, Washington

    Population 2006: 2.46 million
    01/02/2006 Listing per population ratio 1:305
    10/10/2006 Listing per population ratio 1:173

    01/2006: 8,425 (2,468)___01/2005: (2,491)
    02/2006: 8,527 (3,391)___02/2005: (3,244)
    03/2006: 8,724 (4,772)___03/2005: (5,285)
    04/2006: 9,284 (4,585)___04/2005: (5,259)
    05/2006: 10,018 (5,027)__05/2005: (5,470)
    06/2006: 11,415 (5,597)__06/2005: (5,797)

  • Greater San Jose Inventory (Sales) 2008

    Tracking Santa Clara County, California

    Population 2007: 1.81 million
    01/01/2007 Listing per population ratio 1:548
    09/30/2007 Listing per population ratio 1:243

    01/2007: 3,575 (1,606)___01/2006: 2,838 (1618)
    02/2007: 3,774 (1,654)___02/2006: 2,921 (1,776)
    03/2007: 4,498 (2,052)___03/2006: 3,353 (2,632)
    04/2007: 5,184 (2,009)___04/2006: 3,734 (2,424)
    05/2007: 5,866 (2,179)___05/2006: 4,259 (2,496)

  • San Bernardino Inventory (Sales) 2008

    Tracking San Bernardino County, California

    Population 2007: 2 million
    01/01/2007 Listing per population ratio 1:129
    09/30/2007 Listing per population ratio 1:85

    01/2007: 16,310 (2,373)___01/2006: (3,321)
    02/2007: 17,081 (2,274)___02/2006: (3,316)
    03/2007: 18,801 (2,476)___03/2006: (4,633)
    04/2007: 20,253 (2,049)___04/2006: (3,841)
    05/2007: 22,149 (2,220)___05/2006: (4,148)
    06/2007: 22,637 (2,190)___06/2006: (4,385)

  • Riverside County Inventory (Sales) 2008

    Tracking Riverside County, California

    Population 2007: 2 million
    01/01/2007 Listing per population ratio 1:83
    10/31/2007 Listing per population ratio 1:62

    01/2007: 24,931 (3,089)___01/2006: 16,846 (4,695)
    02/2007: 26,157 (3,057)___02/2006: 18,767 (4,796)
    03/2007: 28,451 (3,680)___03/2006: 20,334 (6,986)
    04/2007: 30,277 (2,987)___04/2006: 21,388 (5,444)
    05/2007: 31,515 (3,307)___05/2006: 22,952 (6,054)

  • Ventura County Inventory (Sales) 2008

    Tracking Ventura County, California

    Population 2007: 825,000
    01/01/2007 Listing per population ratio 1:150
    08/30/2007 Listing per population ratio 1:117

    01/2007: 5,641 (689)___01/2006: (804)
    02/2007: 6,234 (737)___02/2006: (882)
    03/2007: 6,658 (999)___03/2006: (1,326)
    04/2007: 5,320 (890)___04/2006: (1,008)
    05/2007: 5,759 (861)___05/2006: (1,145)
    06/2007: 6,219 (886)___06/2006: (1,227)

  • Orange County Inventory (Sales) 2008

    Tracking Orange County, California

    Population 2007: 3.10 million
    01/01/2007 Listing per population ratio 1:244
    09/30/2007 Listing per population ratio 1:155

    01/31: 13,302 (2,400)___01/2006: 8,430 (2,868)
    02/28: 13,704 (2,449)___02/2006: 10,420 (2,928)
    03/31: 15,324 (3,130)___03/2006: 11,762 (4,203)
    04/30: 17,094 (2,682)___04/2006: 13,268 (3,563)
    05/31: 18,353 (2,675)___05/2006: 15,048 (3,762)

  • Metro Phoenix Inventory (Sales) 2008

    Tracking Maricopa & Pinal Counties, Arizona

    Population 2007: 4.1 million
    01/01/2007 Listing per population ratio 1:85
    10/31/2007 Listing per population ratio 1:63

    01/2007: 51,913 (4,520)___01/2006: 32,512 (5,260)
    02/2007: 53,598 (4,280)___02/2006: 36,176 (5,460)
    03/2007: 57,615 (5,385)___03/2006: 39,852 (7,265)
    04/2007: 59,616 (4,855)___04/2006: 44,290 (5,980)
    05/2007: 60,800 (5,220)___05/2006: 47,187 (6,870)

  • Sacramento Inventory (Sales) 2008

    Tracking Sacramento/El Dorado/Placer/Yolo Counties, California

    Population 2007: 2.1 million
    01/01/2007 Listing per population ratio 1:178
    08/30/2007 Listing per population ratio 1:116

    01/2007: 12,480 (1,149)___01/2006: 10,582 (1,309)
    02/2007: 12,947 (1,154)___02/2006: 11,215 (1,338)
    03/2007: 14,272 (1,459)___03/2006: 11,833 (2,060)
    04/2007: 15,755 (1,462)___04/2006: 12,989 (1,739)
    05/2007: 16,553 (1,581)___05/2006: 14,824 (2,439)

  • San Diego County Inventory (Sales) 2008

    Tracking San Diego County, California

    Population 2007: 3.10 million
    1/01/2007 Listing per population ratio 1:191
    09/30/2007 Listing per population ratio 1:131

    01/2007: 17,109 (2,772)___01/2006: 16,161 (2,898)
    02/2007: 17,544 (2,863)___02/2006: 17,262 (3,035)
    03/2007: 18,638 (3,218)___03/2006: 18,261 (4,367)
    04/2007: 20,122 (3,436)___04/2006: 19,480 (3,974)
    05/2007: 21,169 (3,385)___05/2006: 21,175 (4,480)

  • Las Vegas Inventory (Sales) 2008

    Tracking Clark County, Nevada

    Population 2007: 1.9 million
    01/01/2007 Listing per population ratio 1:86
    09/30/2007 Listing per population ratio 1:61

    01/2007: 22,748 (1,715)___01/2006: 15,744 (2,233)
    02/2007: 24,068 (1,684)___02/2006: 16,978 (2,271)
    03/2007: 26,794 (1,946)___03/2006: 18,418 (3,167)
    04/2007: 27,620 (1,677)___04/2006: 19,871 (2,807)
    05/2007: 28,577 (1,941)___05/2006: 21,168 (3,161)
    06/2007: 29,646 (1,820)___06/2006: 22,479 (3,097)

  • Los Angeles Inventory (Sales) 2008

    Tracking Los Angeles County, California

    Population 2007: 10.33 million
    01/01/2007 Listing per population ratio 1:288
    09/30/2007 Listing per population ratio 1:175

    01/2007: 36,715 (6,805)____01/2006: 27,732 (7,309)
    02/2007: 41,251 (6,300)____02/2006: 29,420 (7,089)
    03/2007: 42,057 (8,353)___03/2006: 31,819 (10,805)
    04/2007: 45,918 (7,225)____04/2006: 34,032 (9,284)
    05/2007: 52,198 (7,426)____05/2006: 37,847 (10,714)
    06/2007: 52,769 (7,580)____06/2006: 42,317 (11,234)

  • Riverside County Inventory (Sales)

    Tracking Riverside County, California

    Population 2006: 1.95 million
    1/30/2006 Listing per population ratio 1:116
    8/20/2006 Listing per population ratio 1:76

    01/2006: 16,846 (4,695)___1/2005: (3,951)
    02/2006: 18,767 (4,796)___2/2005: (4,084)
    03/2006: 20,334 (6,986)___3/2005: (5,915)
    04/2006: 21,388 (5,444)___4/2005: (5,718)
    05/2006: 22,952 (5,468)___5/2005: (5,985)
    06/2006: 24,490 (5,927)___6/2005: (6,485)

  • Metro Phoenix Inventory (Sales)

    Tracking Maricopa & Pinal Counties, Arizona

    Population 2006: 4 million
    1/30/2006 Listing per population ratio 1:123
    9/30/2006 Listing per population ratio 1:73

    01/2006: 32,512 (5,260)___01/2005: (9,360)
    02/2006: 36,176 (5,460)___02/2005: (7,935)
    03/2006: 39,852 (7,265)___03/2005: (10,035)
    04/2006: 44,290 (5,980)___04/2005: (8,735)
    05/2006: 47,187 (6,870)___05/2005: (10,425)
    06/2006: 50,974 (5,460)___06/2005: (11,545)

  • Ventura County Inventory (Sales)

    Tracking Ventura County, California

    Population 2006: 817,000
    11/26/2006 Listing per population ratio 1:122

    11/2006: 6,593 (855)___11/2005: (1,235)
    12/2006: 5,677 (978)___12/2005: (1,134)

    Population 2007: 825,000
    01/01/2007 Listing per population ratio 1:150
    06/10/2007 Listing per population ratio 1:139

    01/01: 5,435
    01/31: 5,641 (689)___01/2006: (804)

  • San Bernardino County Inventory (Sales)

    Tracking San Bernardino County, California

    Population 2006: 2 million
    11/26/2006 Listing per population ratio 1:112

    11/2006: 17,245 (2,926)___11/2005: (3,992)
    12/2006: 15,758 (3,154)___12/2005: (4,580)

    Population 2007: 2 million
    01/01/2007 Listing per population ratio 1:129
    06/10/2007 Listing per population ratio 1:90

    01/01: 15,457
    01/31: 16,310 (2,373)___01/2006: (3,321)

  • Orange County Inventory (Sales)

    Tracking Orange County, California

    Population 2006: 3.07 million
    1/02/2006 Listing per population ratio 1:422
    7/30/2006 Listing per population ratio 1:176

    01/2006: 8,430 (2,868)____01/2005: (2,903)
    02/2006: 10,420 (2,928)___02/2005: (2,890)
    03/2006: 11,762 (4,203)___03/2005: (5,033)
    04/2006: 13,268 (3,563)___04/2005: (4,547)
    05/2006: 15,048 (3,762)___05/2005: (4,548)
    06/2006: 16,692 (3,862)___06/2005: (4,898)

  • Greater San Jose Inventory (Sales)

    Tracking Santa Clara County, California

    Population 2006: 1.77 million
    1/02/2006 Listing per population ratio 1:708
    8/17/2006 Listing per population ratio 1:335

    01/2006: 2,838 (1,486)___01/2005: (1,862)
    02/2006: 2,921 (1,776)___02/2005: (1,882)
    03/2006: 3,353 (2,632)___03/2005: (2,823)
    04/2006: 3,734 (2,424)___04/2005: (2,830)
    05/2006: 4,259 (2,496)___05/2005: (2,838)
    06/2006: 4,835 (2,763)___06/2005: (3,220)

  • Metro Sacramento Inventory (Sales)

    Tracking Sacramento/El Dorado/Placer/Yolo Counties, California

    Population 2006: 2.07 million
    1/02/2006 Listing per population ratio 1:217
    7/30/2006 Listing per population ratio 1:119

    01/2006: 10,582 (1,309)___01/2005: 3,597 (1,873)
    02/2006: 11,215 (1,338)___02/2005: 3,554 (1,919)
    03/2006: 11,833 (2,060)___03/2005: 3,793 (2,965)
    04/2006: 12,989 (1,739)___04/2005: 4,423 (2,925)
    05/2006: 14,824 (2,439)___05/2005: 5,284 (2,967)

  • San Diego County Inventory (Sales)

    Tracking San Diego County, California

    Population 2006: 3.07 million
    1/01/2006 Listing per population ratio 1:220
    7/31/2006 Listing per population ratio 1:131

    01/2006: 16,161 (2,898)___01/2005: (3,324)
    02/2006: 17,262 (3,035)___02/2005: (3,442)
    03/2006: 18,261 (4,367)___03/2005: (5,018)
    04/2006: 19,480 (3,974)___04/2005: (5,345)
    05/2006: 21,175 (4,480)___05/2005: (5,141)
    06/2006: 22,588 (4,533)___06/2005: (5,663)

  • Los Angeles County Inventory (Sales)

    Tracking Los Angeles County, California

    Population 2006: 10.25 million
    1/02/2006 Listing per population ratio 1:417
    9/30/2006 Listing per population ratio 1:216

    01/2006: 27,732 (7,309)____01/2005: (7,633)
    02/2006: 29,420 (7,089)____02/2005: (7,056)
    03/2006: 31,819 (10,805)___03/2005: (10,878)
    04/2006: 34,032 (9,284)____04/2005: (10,299)
    05/2006: 37,847 (10,714)___05/2005: (10,128)
    06/2006: 42,317 (11,234)___06/2005: (12,001)

  • Las Vegas Inventory (Sales)

    Tracking Clark County, Nevada

    Population 2006: 1.89 million
    1/30/2006 Listing per population ratio 1:120
    9/30/2006 Listing per population ratio 1:77

    01/2006: 15,744 (2,233)___01/2005: (2,426)
    02/2006: 16,978 (2,271)___02/2005: (2,508)
    03/2006: 18,418 (3,167)___03/2005: (3,864)
    04/2006: 19,871 (2,807)___04/2005: (3,649)
    05/2006: 21,168 (3,161)___05/2005: (3,847)
    06/2006: 22,479 (3,097)___06/2005: (4,079)
    07/2006: 23,221 (2,501)___07/2005: 13,276 (3,937)
    08/2006: 23,957 (2,609)___08/2005: 13,722 (4,145)
    09/2006: 24,300 (2,177)___09/2005: 14,289 (3,654)
    10/2006: 24,103 (2,046)___10/2005: 14,925 (3,226)
    11/2006: 23,634 (1,871)___11/2005: 14,784 (3,042)
    12/2006: 22,208 (2,016)___12/2005: 14,368 (3,024)

    Population 2007: 1.9 million

  • Tracking Austin/Travis & Williamson Counties

    Population 2006: 1.22 million
    11/27/2006 Listing per population ratio 1:143

    11/2006: 8,426
    12/2006: 7,953

    Population 2007:
    01/01 Listing per population ratio 1:159
    05/31 Listing per population ratio 1:131

    01/01: 7,677
    01/31: 7,673
    02/28: 7,609
    03/20: 7,802
    04/30: 8,657
    05/31: 9,251

  • Tracking Foreclosures and Pre-Foreclosures

    Using foreclosure.com as the source, foreclosure figures are listed first, pre-foreclosures are listed next, with the % of pre-foreclosures moving forward to foreclosures in parentheses. These are cumulative numbers. Special thanks to reader moqui for Aug '05 and June '06 data.

    San Diego County
    08/25/05: 83/3,087 (2.7%)
    06/15/06: 354/4,382 (8.1%)
    10/31/06: 998/4,983 (20.0%)
    11/30/06: 1,304/5,245 (24.9%)
    12/30/06: 1,251/4,637 (27.0%)
    01/30/07: 1,475/4,760 (31.0%)
    02/27/07: 1,879/5,008 (37.5%)

  • This Cat's Got 9 Lives

    A month ago Jim the Realtor reminded us of the backlog of REOs using the Deutsche Bank as an example. In his survey back in December of '07, Jim found the following:

    Here is the survey of 123 Deutsche REOs in North County:
    --64 active listings
    --18 pending listings
    --41 homes not on market yet (33%)

    Jim reported at the time that his foreclosing neighbor at the time was still living rent free 4 months after their foreclosure. Which reminds us of this gem in 4Closure Ranch...

  • 05/27-05/30 NODs in 92127

    Few of the interesting points here regarding these 11 homes:--2 out of 11 are listed for sale--11 out of 11 were purchased or constructed after 2003--11 out of 11 were refi'd, purchased or constructed after 2004--4 of 11 are from 4S Ranch proper--2 of 11 are from Santaluz
    11353 AVENIDA DE LOS LOBOS #E, SAN DIEGO 92127
    --1,230 sqft
    --11/04/2005: purchased for $390,000
    --05/30/2008: NOD
    --not listed or pending

    17081 W BERNARDO DR #102, SAN DIEGO 92127
    --1,040 sqft
    --09/27/2004: purchased for $362,990
    --11/21/2007: listed for $224,777-$249,777
    --05/30/2008: NOD

    16588 GETTYSBURG DR, SAN DIEGO 92127

  • Let's Postpone Our Way Out of This Mess

    In addition to the profiling of our real estate friends foreclosing away, the U-T story this past weekend also had some pretty scary numbers. For example, there were 1,305 actual foreclosures in January, this was up 257% in comparison to a year ago. With only 1,826 homes sold, the number of foreclosures in the county may soon overtake home sales.

    What is even scarier is what's not published. These foreclosure numbers are actually lower than expected because of the 'postponement phenomenon.'

  • Paseo Del Sold?

    Spelling mistakes on the MLS are not unusual, but this gives us a glimpse into the seller's desperation...43446 MONTE COURT, Temecula, CA 92592
    --4 beds, 3.0 baths, 3,036 sq ft
    --06/2003: purchased from builder for $378,500.
    --10/2006: sold to current sucker for $508,000.
    --10/10/2007: current sucker listed home for sale at $590,000.
    --10/20/2007: realized he was delusional and reduced to $410,000.

  • More NODs in 92009

    Much less REALTOR®-related NODs in eastern Carlsbad this week. Only 3 out of the 9 new NODs filed between December 6th to 12th are connected to REALTORS®.

  • Yes Virginia, There Are Places Worse Than Oxnard

    Our most recent 'If Only I Waited...' post on Oxnard prompted one irate anonymous reader to write, "What's up with slamming Oxnard? There are places to live that are in worse shape than Oxnard..."

    And we wholeheartedly agree!

    Case in point, Bakersfield. Here we have a REO going for 33% less today compared to a year and a half ago...

    12109 Trackside Dr., Bakersfield, CA 93312

  • A Brand New Day and a Brand New Blog

    One of our BMIT regulars golfer_x has been secretly working on his blog over the last couple of months. The Blog is Housing Kaboom and its main focus is the Inland Empire.

    Not that anyone would want to live there, but golfer_x managed to find today something in San Jacinto for less than $90/sqft. (As one of golfer_x's reader puts it, calling it a city is an insult to cities. But hey, the less-than-$100/sqft-club got to start somewhere!)

    665 Drake Dr, San Jacinto, CA 92582 (3,148 sqft)
    --04/2005: purchased for $339,500.