Tuesday, February 3, 2015

A peek at real estate numbers from the past 10 years

Now that the groundhog has seen his shadow, I figured it was time to look at real estate statistics from the past year. Thanks to the Snake River Multiple Listing Service I was able to "drill down," and in fact I drilled a lot deeper than I initially planned.

When it comes to looking at charts I believe you're as capable as me at figuring out what the numbers mean. One reason I decided to go back 10 years was that I became increasing fascinated with finding out when things went south and how far they'd fallen from the overheated days of the second Bush administration.

I think you'll agree that while last year, 2013 and 2012 represent comeback years, after 2011 there was nowhere to go except back up. Splitting the years into five-year chunks, it's obvious there were more houses selling faster and for more money than there have been since the new decade started.