Some interesting stats we came across in RE magazine you may find interesting:
- 3.9% apartment vacancy rate in Washington; down from 4.5% in 3rd quarter 2012
- 80.6 Housing Affordability Index for first-time buyers in 3rd quarter
- $958 Average rent for 1-bedroom apartment in WA; increase of 7.9% in the last year
- $263,400 Median price resale homes in Washington in 3rd quarter
- 13,531 Number of completed foreclosures in WA (Jan-Oct); 64.8% more than last year
- 4.1 Month’s supply of homes on market in WA, 3rd quarter; down from 5.8 last year
- 38 Number of WA counties with All Buyer Housing Affordability Index above 100
- 8.4% Increase in median home price in WA 2012: Q3-2013: Quarter 3
- 34,947 Homes listed for sale in MLSs in WA as of end of 3rd quarter; 4.7% fewer than a year ago
- 55,900 Number of WA mortgages at least 90 days past due or in foreclosure; down 6.7% from 2nd quarter and down 28.1% from a year ago.
- Statistics provided by Glenn Crelin, Associate Director for Research, Runstad Center for Real Estate Studies, University of Washington