Some more eye-popping if localized numbers, these from Seattle’s insanely great local real-estate blog, Seattle Bubble.
Single-family home sales, median prices in King County, Washington:
|
Decline from Peak |
YOY Decline |
|
| Price Quintile: |
to Oct. 2011 |
|
| Bottom |
50% |
20% |
| Low |
42% |
18% |
| Median |
34% |
13% |
| High |
28% |
11% |
| Top |
28% |
5% |
To quote The Tim, the insanely great operator of that blog:
The bottom percentile is getting absolutely hammered.