seabeck wa real estate :: SoundBiteBlog.com

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

In the most recent issue of US News and World Report, Silverdale WA and Bremerton WA were both ranked in 1st place among the Top Ten US Housing Markets for the Next Ten Years.

Citing a recent study conducted by Moody’s Economy.com, Associate Editor Luke Mullins shared findings that the home prices of neighboring cities Silverdale WA and Bremerton WA should expect to increase by an average of 5.2 percent annually from the fourth quarter of 2008 through the same period of 2018.

Situated near the heart of the Kitsap Peninsula, Silverdale and Bremerton WA share more than 300 miles of scenic Puget Sound coastline with other area cities like Port Orchard, Poulsbo, and Seabeck.

While the attractive Pacific Northwest location is certainly a huge draw that brings new residents to the area, the study points to the area’s stable economies as the primary determining factor for the projected future growth.  A large military presence/community— of the U.S. Navy in particular — helps to insulate the local economies somewhat from the widespread volatility being experienced in other markets around the county.

With the current low mortgage rates and the $8000 tax credit, this can be an excellent time for 1st Time Home Buyers to enter the market. And, with the number of bank-owned properties and short sales, there is also opportunities for investors to acquire some bargain-priced properties.

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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.

Posted in Kitsap County Bites | 2 Comments »

Tags: Bremerton WA Real Estate, Kitsap County WA real estate, port orchard real estate, poulsbo real estate, seabeck wa real estate, Silverdale WA Real Estate

A while back, I published an article here on SOUNDBITEBLOG entitled “The Art of Offering Less.” It ended up becoming a 3-part series catered towards a Buyers perspective and provided some practical guidance/advice on how to draft offers that were less than the listing price.

In the 1st article we identified the market dynamics that tend to encourage or breed low offers.

In the 2nd article, we shared various strategies for Buyers to achieve success with low offers.

In the 3rd and final part, we discussed the risks that are inherent with making low offers.

Just recently, I received an offer on one of my listings, a secluded Hood Canal view property near DeWatto Bay in Tahuya WA.

Prior to faxing over the offer, the Selling Agent gave me a heads-up that the offer was going to be less than the current listing price.

How should Sellers respond to low offers, especially in today’s challenging market?

To find out some helpful and practical Seller strategies, go to ActiveRain (the link opens up into a separate window for your viewing ease).

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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.

Posted in Real Estate Bites, Sellers | No Comments »

Tags: Kitsap County WA real estate, low offers, seabeck wa real estate, seller strategies, Silverdale WA Real Estate

Real Estate Market Report for Kitsap County WA  06/01/2009

The following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for June 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:  2014 
• Properties closed in the last 180 days:  971 
• Average Sales Price:  $291,864
• Average List Price:  $305,043
• Ratio of List Price to Sales Price: 96%
• Average Days on Market: 104
• Sales Pending this Week: 97

Bainbridge Island WA statistics separately: (Area 170)

• Properties currently Active on the market:  350 
• Properties closed in last 180 days:  98
• Average Sales Price:  $646,191
• Average List Price:  $687,266
• Ratio of List Price to Sales Price: 94%
• Average Days on Market: 134
• Sales Pending this week: 7

Home prices in Kitsap County WA continued to drop slightly in May, while pending sales showed further improvements.

Lending rates have jumped rather significantly just over the past several weeks (from 4.5% to 5.25%), spurring many potential Buyers to get off the fence and make the home buying leap.

The market continues to offer excellent opportunities for qualified 1st Time Home Buyers with the low rates, the $8000 1st Time Buyers Tax Credit from Uncle Sam, and the large amount of homes available on the market.

If you’re a motivated Seller, now may be the time to seriously consider making a meaningful pricing adjustment, so you can move onto the next adventure in life!

Top selling neighborhoods in Kitsap County WA were Area 141 (South Kitsap West of Hwy. 16);  Area 148 (West Bremerton); and Area 150 (East Central Kitsap).

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

Posted in Kitsap Market Reports | No Comments »

Tags: Bremerton WA Real Estate, Kitsap County WA, Port Orchard Real Estate, Poulsbo Real Estate, real estate market reports, seabeck wa real estate, Silverdale WA Real Estate

Posted in Kitsap Market Reports | No Comments »

Tags: kitsap county WA real estate market report, Port Orchard Real Estate, real estate market reports, seabeck wa real estate, Silverdale WA Real Estate