WCRER Housing Analysis/ 2009 2nd Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2009 Second Quarter Housing Analysis; Whatcom County home re-sales were up 10.0% from the previous quarter, and down -15.7% from the second quarter in 2008. Statewide home re-sales were up 11.6% from the previous quarter and down -15.6% from the second quarter in 2008. Overall building permits in Whatcom County are down -51.1% from the second quarter of the previous year, in comparison to the -55.5% reduction statewide. The median re-sale home price in Whatcom County is up to $265,000 (down -5.4% from the second quarter in 2008), slightly below the statewide median of $265,100 (down -9.2% from the second quarter of 2008). The 2009 second quarter Housing Affordability Index (HAI) was 110.3 for Whatcom County, lower than the statewide index of 123.2

WCRER Housing Analysis/ 2009 1st Quarter/ Skagit County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Skagit County home re-sales were down +1.6% from the previous quarter, and down -37.6% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Skagit County are down -62.0% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Skagit County is down to $245,900 (down -14.0% from the first quarter in 2008), below the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 114.9 for Skagit County, lower than the statewide index of 125.5

WCRER Housing Analysis/ 2009 1st Quarter/ Snohomish County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Snohomish County home re-sales were down -2.3% from the previous quarter, and down -37.0% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Snohomish County are down -39.3% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Snohomish County is down to $311,800 (down -11.6% from the first quarter in 2008), above the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 112.4 for Snohomish County, lower than the statewide index of 125.5

WCRER Housing Analysis/ 2009 1st Quarter/ Island County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Island County home re-sales were down +4.7% from the previous quarter, and down -28.3% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Island County are down -61.5% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Island County is down to $248,000 (down -14.3% from the first quarter in 2008), below the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 115.6 for Island County, lower than the statewide index of 125.5

WCRER Housing Analysis/ 2008 4th Quarter/ Skagit County WA

According to the Washington Center for Real Estate Research 2008 Fourth Quarter Housing Analysis; Skagit County home re-sales were down -24.2% from the previous quarter, and down -46.8% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Skagit County are down -60.6% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Skagit County is down to $263,700, (down -2.0% from the fourth quarter in 2007), below the statewide median of $266,700 (down -9.3% from the fourth quarter in 2007). The 2008 fourth quarter Housing Affordability Index (HAI) was 96.9 for Skagit County, slightly lower than the statewide index of 107.5

WCRER Housing Analysis/ 2008 4th Quarter/ Snohomish County WA

According to the Washington Center for Real Estate Research 2008 fourth Quarter Housing Analysis; Snohomish County home re-sales were down -20.1% from the previous quarter, and down -41.3% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Snohomish County are down -50.5% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Snohomish County is $325,000, (down -10.6% from the fourth quarter in 2007), above the statewide median of $266,700 (down -9.3% from the fourth quarter in 2007). The 2008 fourth quarter Housing Affordability Index (HAI) was 97.1 for Snohomish County, lower than the statewide index of 107.5

WCRER Housing Analysis/ 2008 4th Quarter/ Island County WA

According to the Washington Center for Real Estate Research 2008 Fourth Quarter Housing Analysis; Island County home re-sales were down -13.4% from the previous quarter, and down -21.4% from the fourth quarter in 2007. Statewide home re-sales were down -15.8% from the previous quarter and down -29.1% from the fourth quarter in 2007. Overall building permits in Island County are down -58.8% from the fourth quarter of the previous year, in comparison to the -53.4% reduction statewide. The median re-sale home price in Island County is down to $298,000, (down -1.0% from the fourth quarter in 2007), above the statewide median of $266,700, (down -9.3% from the fourth quarter in 2007),. The 2008 fourth quarter Housing Affordability Index (HAI) was 86.8 for Island County, lower than the statewide index of 107.5.

Snohomish County WA/ WCRER Housing Market Analysis/ 3nd Quarter 2008

Snohomish County Housing Data

Here is some interesting and helpful housing data:

According to the Washington Center for Real Estate Research 2008 Third Quarter Housing Analysis; Snohomish County home re-sales were down -6.2% from the previous quarter, and down -37.8% from the third quarter in 2007. Statewide home re-sales were down -5.1% from the previous quarter and down -26.0% from the third quarter in 2007. Overall building permits in Snohomish County are down -45.7% from the third quarter of the previous year, in comparison to the -42.5% reduction statewide. The median re-sale home price in Snohomish County is $340,000, above the statewide median of $281,500. The 2008 third quarter Housing Affordability Index (HAI) was 88.3 for Snohomish County, lower than the statewide index of 96.9.

See all WA county info: http://www.wcrer.wsu.edu/WSHM/2008Q3/Snapshot_q308.pdf