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Windermere Real Estate/West Sound, Inc.
Wayne Paulson | Poulsbo: 360-598-5291 | Port Ludlow: 360-437-9508 | Bainbridge Island: 206-780-1500 | wpaulson@windermere.com
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February 11 West Sound Market Graphs
Posted on March 4, 2011
The graphs reached through the link below show the average market time, average list price and average sales price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI). At the time these graphs were created, the average sales price was 74 percent of the average list price for all listings in NK, 77 percent for SEJ and BI. These figures are down from historic levels. For just those properties that sold, the selling price was between 96 and 97 percent of the asking price at the time it was sold.
The graphs show that since early 2009, average selling prices have been hovering at levels last seen in 2005, with some relatively sharp swings around those levels. Over the month of February average selling prices made some minor movements, but nothing that indicated a significant new trend. Inventory levels are slightly below last year’s at the same time.
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