Kitsap County WA Real Estate Market Report February 2012
February 1st, 2012 by Rich JacobsonThe following is a brief overview and analysis of the combined single-family home and condo market within Kitsap County, Washington for February 2012, provided by Rich Jacobson of Keller Williams West Sound Realty, in Silverdale, WA.
- Properties currently active on the market: 1457
- Properties closed in the last 180 days: 1167
- Average Sales Price: $ 269,892
- Average List Price: $ 277,568
- Ratio of List Price to Sales Price: 97%
- Average Days on Market: 127
- Sales Pending this Week: 58
Poulsbo WA statistics separately: (Area 166)
- Properties currently Active on the market: 98
- Properties closed in last 180 days: 78
- Average Sales Price: $301,102
- Average List Price: $308,274
- Ratio of List Price to Sales Price: 98%
- Average Days on Market: 141
- Sales Pending this week: 5

Though we are at our traditionally slow time of the year, there is a surprising amount of brisk Buyer activity throughout the area. Regardless of the current economic doldrums, there are always great opportunities for someone. Mortgage rates remain incredibly low and short sales/bank-owned properties offer some super affordable deals!
For all the latest mortgage rate quotes, go to The Mortgage Porter
WHAT’S HAPPENING IN KITSAP COUNTY WA NOW?
In his classic novella, ‘Of Mice and Men,’ Nobel prize winning author John Steinbeck immortalized the quote:
“The best-laid plans of mice and men often go awry.”
My brokerage, Keller Williams West Sound Realty, had just signed a 5-year lease for office space here in Silverdale WA. The tenant improvements were slated to begin on Monday January 9th. On the afternoon of January 8th, a fire broke out in a tanning bed at The Desert Sun Tanning Salon. Within just a few short hours, the entire building at Town Centre Plaza at the corner of Silverdale Way and Ridgetop Blvd. lie in waste, including popular coffee hang-out Forza, and the space we had negotiated to lease next door!
Unlike many of the other tenants whose businesses were destroyed, we were simply inconvenienced/delayed for a short period of time. Keller Williams West Sound is committed to establishing a presence here in Kitsap County WA. And as such, we currently plan to wait until a new building is constructed at the same location and re-negotiate a lease for space next to the new Forza’s. In the interim time frame, we will identify some temporary office space to use until the new building is complete. Stay tuned!
~ o ~ o ~ o ~ o ~ o ~

Rich Jacobson is a licensed real estate professional with Windermere Real Estate, 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
Share on FacebookTags: forza, keller williams west sound realty, kitsap county wa real estate market reports, silverdale wa



















