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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

December 11 West Sound Market Graphs

Posted on November 30, 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 increased to 82 percent of the average list price for all listings in NK, 75 percent for SEJ and 58 percent for BI. For just those properties that sold in NK, the average selling price was 98 percent of the asking price at the time it was sold. For SEJ it was 95 percent and for BI it was 100 percent. The market time for all homes on the market continues to climb for all three markets, typical for this time of year.

 

The graphs show that NK average selling prices continue to hover at levels last seen in 2005, with some relatively sharp swings around those levels. The NK average selling prices have recently flattened again. In SEJ, the average selling prices had declined to levels last seen in 2004. A more recent upward trend has flattened. They are still below early 2005 levels. The downward trend of average selling prices on BI has flattened. They are now at levels last seen  briefly in a 2004 price drop.

 

The sales rate in SEJ and BI was down over the same period last year. For NK it was up compared to last year. The sales rate in November were down compared to October in SEJ and BI . They were unchanged for NK.

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Windermere Real Estate/West Sound Inc. | 18570 State Hwy 305, Poulsbo, WA 98370 | Office: 360-779-5205 | Fax: 360-779-9549
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