November 2012 data are in. Here's some key takeaways and of course, the charts.
- After several year-over-year thumpings of monthly 2011 sales, November 2012 was higher than November 2011...but only by ~15% (versus the ~30% advantages we saw in September and October year-over-year comparisons). Perhaps the we're finally settling in for our winter hibernation.
- Median prices for Seattle overall saw a soft landing, slightly higher than November 2011 but considerably lower than the banner October 2012 numbers ($245K versus $275K).
- At the neighborhood level Belltown/Downtown remains the most solid overall with sales almost as high as October 2012, median prices up 10% month over month, and inventory still tight.