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Kitsap County WA Real Estate Market Report – October 2009

October 24th, 2009 by Rich Jacobson

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) kitsap-county-wa-real-estate

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 Ridge at McCormick Woods by Quadrant Homes

October 8th, 2009 by Rich Jacobson

New construction here in Kitsap County WA has been hard hit of late due to the economic downturn and lenders tightening their purse strings. quadrant-homes-the-ridge-at-mccormick-woods

However, one area builder appears to be thriving in this challenging market, Quadrant Homes.

A Fortune 500 company and wholly-owned subsidiary of Weyerhauser Corporation, Quadrant Homes “More House. Less Money” is Washington State’s Largest Home Builder, with over 14 active developments from Mount Vernon to Yelm.

I had the good fortune of selling one of the first homes in the Stendahl Ridge development in Poulsbo WA. At first, many area agents were somewhat wary and hesitant at showing Quadrant properties to their Buyers. There was a lot of negative buzz floating around at the time, whether real, imagined, or otherwise, to the effect that Quadrant salespeople weren’t exactly ‘Buyer Agent’ friendly.

port-orchard-wa-real-estate

I think part of this mis-perception stemmed from Quadrant’s required procedure of generating their own purchase & sales contract on-site, and their seemingly ‘overbearing’ control over the entire transaction. Add to that the rather unique practice of paying out the Buyer’s agent commission at the beginning of the transaction versus at the completion of building. Many who take agency representation seriously felt that Quadrant was intentionally forcing the Buyer’s agent out of the equation.

Having been through the process as a Buyer’s agent myself, I can certainly understand how such attitudes could occur. However, such was not my experience.

In order for Quadrant to deliver on their promise of “More House. Less Money” they have to tightly control the entire process from start to finish. If you’ve ever been involved in a new construction project, you know how quickly things can go south! And as far as being paid up front, who in their right mind would complain about something like that? Homes-for-sale-in-kitsap-county-wa

I am currently working with some awesome 1st-Time Home Buyers right now who are under contract on one of the homes in Phase 3 of Quadrant’s “The Ridge at McCormick Woods” in Port Orchard WA. We are working closely with Dan Spurlock, the Development Community Manager. Dan commands an impressive knowledge of Quadrant’s products and is intimately versed in all stages of the construction process. He skillfully guided my Buyers through each section of the contract, careful to explain key portions in detail, and answer all of their questions. I have every confidence that my Buyers will continue to be treated with the utmost courtesy, respect, and care.

If you’re a 1st-Time Buyer or just looking for a great value in a home purchase, give me a call @ 360-440-4758, and I’d be glad to give you a personal guided tour of ‘The Ridge at McCormick Woods!

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