Tag Archive

Weekly Scorecard 4-11-11

By George Thurtle

Finally a SMALL uptick in inventory however the sales continue to march along. Both the closed sales and the pending sales. There is one very important trend developing in the numbers. The average per sq. ft. price of the pending sales is significantly higher than sales of the closed prices. This trend is now clearly established. The reason this is... »

Weekly Scorecard 4-4-11

By George Thurtle

The inventories have ticked up by a hair but the big story this week is the closed sales. West Bellevue had 18 alone. This is a record for an area which does only two to three. Many of those sales looked to be potential tear downs but that number is very high for any market. In Bellevue market area this... »

Weekly Scorecard 9-27-10

By George Thurtle

Still getting caught up.¬† The same trends as the last few weeks continue; pretty good numbers for the clsoed sales but weaker numbers for the pending sales. The big news though is that in West Bellevue we are seeing some big numbers.¬† Another large water front closed along with two more homes¬†either side of¬†$3,000,000 these were not distressed sales sales.... »

Weekly Scorecard 8-9-10

By George Thurtle

Things appear to be settling down. Inventories are peaking and the sales are lower after the expiration of the tax credit. Basically over the last few months inventory have risen and the sales volume has fallen. If you take a look at the monthly statistics this trend is very noticeable¬†on the graphs.¬† In looking at the spreadsheet attached you will... »