The following is a brief overview and analysis of the combined single-family home and condo market within Kitsap County, Washington for March 2012, provided by Rich Jacobson of Keller Williams West Sound Realty, in Silverdale, WA.
- Properties currently active on the market: 1439
- Properties closed in the last 180 days: 1100
- Average Sales Price: $ 262,473
- Average List Price: $ 272,436
- Ratio of List Price to Sales Price: 96%
- Average Days on Market: 133
- Sales Pending this Week: 84
Seabeck/Holly WA statistics separately: (Area 145 )
- Properties currently Active on the market: 82
- Properties closed in last 180 days: 51
- Average Sales Price: $272,896
- Average List Price: $289,530
- Ratio of List Price to Sales Price: 94%
- Average Days on Market: 150
- Sales Pending this week: 1
WHAT’S HAPPENING IN THE KITSAP COUNTY WA REAL ESTATE MARKET RIGHT NOW?
As is typical for this time of year, activity is picking up throughout the West Puget Sound region. This is clearly evidenced in the Pending Sales this past week (84). Many brokers/agents are reporting multiple offer situations, causing some to pronounce a shift to more of a Seller’s market. Personally, I don’t find any substantive indication/basis for such claims. If a Seller prices a home aggressively and prepares it well for market, it should naturally attract a number of viable Buyers.
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UPDATE ON KELLER WILLIAMS WEST SOUND OFFICE
As you may recall from last month’s market report, our plans to open the Keller Williams West Sound Property Hub here in Silverdale were delayed due to the unfortunate fire that gutted the Forza building and displaced numerous local businesses. While our long-term goal is still to lease space next door to Forza when the new building is constructed, we have committed to a great location over in Old Town on the Northeast corner of Byron & Pacific (map link). We had our first official meeting there yesterday and established a game plan for furnishings/improvements. Look for our launch in the coming weeks!
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Rich Jacobson is a licensed real estate professional with Keller Williams West Sound, 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: email@example.comShare on Facebook