Kitsap County WA Real Estate Market Report – November 2009
November 5th, 2009 by Rich JacobsonThe following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for November 2009, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA (this includes data for Bainbridge Island WA)
- Properties currently active on the market: 1793
- Properties closed in the last 180 days: 1482
- Average Sales Price: $291,137
- Average List Price: $302,224
- Ratio of List Price to Sales Price: 96%
- Average Days on Market: 93
- Sales Pending this Week: 69
Port Orchard WA statistics separately: (Area 143)
- Properties currently Active on the market: 94
- Properties closed in last 180 days: 117
- Average Sales Price: $204,241
- Average List Price: $207,086
- Ratio of List Price to Sales Price: 99%
- Average Days on Market: 60
- Sales Pending this week: 9
For additional area specific market statistics, go to www.KitsapLife.com
WHAT’S HAPPENING NOW?
The biggest changes compared to last month were that the number of Active properties (homes currently available for sale) has decreased by about 7.5% or 150 homes, but the sales of pending homes over a 180 day period has increased. Most attribute the continuing positive sales growth to several factors, including lower interest rates, attractive and competitive pricing incentives offered by Sellers/Builders, and the pending expiration of the $8000 Federal Tax Credit for 1st Home Buyers.
Speaking of the $8000 1st-Time Home Buyers Tax Credit, it appears that this program is headed for an extension in the very near future. A measure for the Feds to continue offering the tax credit until April of 2010 has passed through the Senate and should be approved by sometime next week.
For more information, go to First-Time Home Buyer Tax Credit nears Extension.
FINDING YOUR SUSHI ‘FIX’ ON THE KITSAP PENINSULA
Whenever I travel or visit a new area, I’m always scoping out new places to indulge one of my favorite pastimes – eating sushi!
Here on the Kitsap Peninsula WA, there are a number of enjoyable local restaurants where you can feast to your heart’s content. However, there are times when you just want to relax at home, watch the game on TV, and pork out in private. For such occasions, I prefer ‘Sushi Ko‘ at Central Market in Poulsbo. You can choose from a wide assortment of freshly made sushi, or have them custom prepare it while you shop.
For more information, go to Good Sushi Hunting on the Kitsap Peninsula.
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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, ActiveRain, and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
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Tags: $8000 1st time home buyers tax credit, central market, kitsap county WA real estate market report, Port Orchard Real Estate, poulsbo wa, sushi ko
