The Strand™ Index

Dear Clients & Friends,

The Strand™Index measures the strength of the market. Based on changes in supply and demand activity, it accurately monitors changes in the housing market. It can be applied to the regional market, or sub-markets within the region. A sub-market can be a particular neighborhood, houses priced between $300,000 and $400,000, condominiums, new construction, etc..

The table and graph above detail a comparison of different segments of our housing market as of mid-June, 1999. The methodology of the Strand™ Index is explained in other pages of this web site.

Of the market segments represented above, the market for urban Seattle, single family houses shows the greatest strength, with the lowest available supply (59 days) and highest demand (90%) characteristics. Historically, the highest Strand™ Index rating is produced by single family houses in the neighborhoods (sub-market) north of the Lake Washington Ship Canal, south of 145th Street and between Lake Washington and Puget Sound.

As mentioned, the bar graph above represents various market segments on a specific day. On other Strand™ Index pages in this site you can see how different market segments perform over a period of time.

Regards,

Robert E. Rothstein