kitsap county WA real estate market report :: SoundBiteBlog.com

The following is a brief overview and analysis of the combined single-family home and condo market within Kitsap County, Washington for July 2011, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA.

• Properties currently active on the market:  1900
• Properties closed in the last 180 days:  1185
• Average Sales Price:  $ 272,196
• Average List Price:  $ 282,241
• Ratio of List Price to Sales Price: 96%
• Average Days on Market: 148
• Sales Pending this Week: 73

Bainbridge Island WA statistics separately: (Area 170)

• Properties currently Active on the market:  340
• Properties closed in last 180 days:  162
• Average Sales Price:  $555,820
• Average List Price:  $590,679
• Ratio of List Price to Sales Price: 94%
• Average Days on Market: 217
• Sales Pending this week: 5

Weekly Property Type Breakdown (7/11/11 thru 7/17/11)

WHAT’S HAPPENING NOW?

July 1st ushered in the opening day for the recreational crabbing season in waterways surrounding the Kitsap Peninsula. Early reports are favorable with limits being pulled up in Marine Areas surrounding the Kitsap Peninsula.

For more information on recreational crabbing in the Puget Sound WA, go to CrabbingInTheHood.com

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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

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The following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for January 2010, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA (this includes data for Bainbridge Island WA)

• Properties currently active on the market:  1583
• Properties closed in the last 180 days:  1514
• Average Sales Price:  $284,379
• Average List Price:  $294,758
• Ratio of List Price to Sales Price: 97%
• Average Days on Market: 94
• Sales Pending this Week: 50

Bainbridge Island WA statistics separately: (Area 170)

• Properties currently Active on the market:  235
• Properties closed in last 180 days:  153
• Average Sales Price:  $534,999
• Average List Price:  $571,505
• Ratio of List Price to Sales Price: 94%
• Average Days on Market: 94
• Sales Pending this week: 3

For additional area specific market statistics, go to www.KitsapLife.com

WHAT’S HAPPENING NOW?

According to a recent SmartMoney.com article entitled “5 Markets Expected to Fare Best in 2010” both Seattle WA and Tacoma WA were listed. While the writer forecasts a 2.44% increase for the Tacoma market, she predicts that Seattle will continue to slide by half a percent. But that’s obviously a prettier picture than in many other housing markets across the US.

The numbers here in Kitsap County WA continue to slow and flatten out, which is fairly typical for this time of year. What remains to be seen is if the market will show any signs of rebounding in the Spring.

With the extension of the 1st Time Home Buyer Credit and the new Repeat-Buyer Credit, we should begin to see some improvement and increased activity through March and April.

For more information, go to First-Time Home Buyer Tax Credit – The Full Scoop.

‘Everyday CK’ – My New Blog on the Kitsap Sun

Just wanted to mention that I was recently afforded the opportunity of joining the team of bloggers on the Kitsap Sun website.

My blog is entitled ‘Everyday CK’ and is geared towards sharing information and encouraging conversations about the Central Kitsap area.

Please take a moment to hop over and subscribe!   ‘Everyday CK‘

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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, Everyday CK, and Crabbing in the Hood, or e-mail:  kitsapagent@gmail.com

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Tags: bainbridge island wa real estate, january 2010, kitsap county WA real estate market report

The 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

The following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for October 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:  1939
• Properties closed in the last 180 days:  1438
• Average Sales Price:  $291,990
• Average List Price:  $303,744
• Ratio of List Price to Sales Price: 96%
• Average Days on Market: 96
• Sales Pending this Week: 102

Seabeck/Holly WA statistics separately: (Area 145)

• Properties currently Active on the market:  80
• Properties closed in last 180 days:  62
• Average Sales Price:  $274,584
• Average List Price:  $290,865
• Ratio of List Price to Sales Price: 94%
• Average Days on Market: 113
• Sales Pending this week: 2

For additional area specific market statistics, go to www.KitsapLife.com

WHAT’S HAPPENING NOW?

While much of new home construction projects here in Kitsap County WA have been hard hit of late due to the economic downturn and lenders tightening their purse strings, one area builder appears to be thriving in this challenging market, Quadrant Homes. Phase 3 of ‘The Ridge at McCormick Woods’ in Port Orchard in particular is beginning to attract a lot of attention and potential Buyers.  To find out more, GO HERE.

Need a place you can go where life slows down, and great coffee and meaningful conversations flow?

Check out The Global Bean! Located in Silverdale WA on the 1st floor of the new Cavalon II Building at 2021 NW Myhre Road, between Bucklin Hill and Ridgetop.

The Global Bean isn’t your normal everyday java joint. If you’re looking for a quick ‘In-N-Out’ coffee to go with your quick ‘In-N-Out’ lifestyle, this isn’t the place for you.

The Global Bean Coffee Traders offers their customers a relaxing and elegant loft-type atmosphere featuring gas lights, a brick fireplace, cozy nooks and hand crafted beverages from around the world.

It’s also an entertainment venue with live music several nights throughout the week.

….act locally, drink globally!

The Global Bean Coffee Traders

2021 nw Myhre, ste 101 • Silverdale • 360.692.9582

Hours:  M-Th 7am-10pm • Fri 7am-Midnight

Sat 8am-Midnight • Sun 9am-7pm

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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: global bean, kitsap county WA real estate market report, october 2009, quadrant homes, seabeck wa real estate, the ridge at mccormick woods

The following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for September 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:  2056
• Properties closed in the last 180 days:  1414
• Average Sales Price:  $298,850
• Average List Price:  $311,121
• Ratio of List Price to Sales Price: 96%
• Average Days on Market: 96
• Sales Pending this Week: 68

Poulsbo WA statistics separately: (Area 166)

• Properties currently Active on the market:  116
• Properties closed in last 180 days:  112
• Average Sales Price:  $321,722
• Average List Price:  $329,347
• Ratio of List Price to Sales Price: 98%
• Average Days on Market: 89
• Sales Pending this week: 7

WHAT’S HAPPENING NOW?

The Fall season on the Kitsap Peninsula WA is definitely upon us! Temperatures are cooling down, the mornings are darker, and local high school football is in full swing!

In most markets across the country, real estate is seasonal, and typically begins to slow down once school starts back up. But here in Kitsap County WA we still are experiencing a steady flow of activity, especially with Buyers trying to take advantage of the $8000 Federal Tax Credit for 1st Time Home Buyers. In order to qualify for this credit, the purchase contract must be closed no later than December 1st, 2009.

Looking for good, economical auto repair? Try Town & Country Auto Repair!

One of the biggest challenges when moving to a new area is finding a reputable auto repair company. Your search is over with Town & Country Auto Repair on Chico Way in Bremerton! Trust Brian, Bruce, Ken and the rest of the guys at Town & Country to maintain your vehicles with knowledgeable and cost-effective service. For an appointment, call (360) 692-2262.

For more additional information and resources concerning real estate in Kitsap County WA and the Western Puget Sound, access my website, Kitsap Life .

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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: kitsap county WA real estate market report, poulsbo real estate, september 2009