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建筑商 Bulletin: Supply Continues to Drop but Permit Activity Rises

Posted on Dec 23, 2021 in:
  • 建筑商 Bulletin

Homing in on Our Region's Housing Statistics

Despite headlines about a housing market cooldown 和 home prices dipping slightly compared to last month, median housing prices continue to rise year over year, 与一个8.03% rise 和 a 22.29% rise in King 和 Snohomish counties, respectively, for combined single family 和 condo sales. 同样的, for-sale housing supply continues to drop, with both King 和 Snohomish counties—和 much of the state—more accurately described as having weeks of supply, 不是几个月. Year over year, months of supply dropped 59% in 金县 和 37% in Snohomish County. There is at least some relief on the horizon, 然而, as year to date residential building permit activity is up 30% in our two-county region.

Please contact data@nicarnahan.com with questions or feedback. We want to know what data would be useful to you!


Months' Supply of Housing Inventory

As of November 2021

icon showing a house for sale 金县 had 0.38 months' supply of inventory (down 从 0.93 months' of inventory a year ago).
icon showing a house for sale Snohomish County had 0.24 months' supply of inventory (down 从 0.38 a year ago).

Many industry analysts consider a four-to-six-month level as an indicator of a healthy market.

来源: Northwest Multiple Listing Service

 

Median Home Price

November 2021

icon showing a price tag The median price of single-family homes 和 condos was $740,000 in 金县$658,505 in Snohomish County.
icon showing a price tag For single-family homes only, the median price in 金县 rose 12.25%, 从 $730,500 a year ago to $820,000. The median price in Snohomish County rose 22.79%, 从 $566,000 to $695,000.
icon showing a price tag In Seattle, the median price of single-family homes 和 condos was $765,000. The median price for single-family homes only was $850,000, a 3.66% increase 从 $820,000 in November 2020.

来源: Northwest Multiple Listing Service

 

Building Permit Activity

 

工作

icon showing a h和 holding a hammer The seasonally adjusted Washington unemployment rate for November 2021 is 4.7%; for Seattle/Bellevue/Everett, it is 4.4%.
icon showing a h和 holding a hammer Construction employment in Washington increased by 1,800 between October 2021 和 November 2021. Total construction employment is 229,400 statewide110,200 for Seattle/Bellevue/Everett specifically.

来源: Employment Security Department: WA Employment Estimates (Seasonally Adjusted), November 2021Bureau of Labor Statistics.

 

人口

icon showing a group of people The Puget Sound region's population as of April 1, 2021 was 4,330,400. Over the past year, the region added 66,200 people, as follows:
 

金县

+32,500

Kitsap County

+3,400

Pierce County

+16,400

Snohomish County

+13,900

来源: Office of Financial Management

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