I know you guys love to hear the stats. I am happy to oblige. Here is a graph showing what the current median home price is doing in Seattle. Below the graph is the raw data for those of you who want to dig into it. The price for the most recent month of $420K is down roughly 13% from the highs of June 2007. Keep in mind a couple of things: First of all prices typically spike in the summer so it is best to compare year over year at the same time of year. We should expect prices to flatten out or dip a little further this winter. Also, keep in mind that the value within a specific neighborhood may be very different then the overall Seattle stats.
If you want to see a specific neighborhood, let me know and I can post it.
I'll post the condo stats tomorrow. Enjoy.