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 85 percent of the average list price for all listings in NK, decreased to 67 percent for SEJ and increased to 65 percent for BI. For just those properties that sold in NK, the average selling price was 99 percent of the asking price at the time it was sold. For SEJ it was 95 percent and for BI it was 99 percent.

The market time for all homes on the market continues to climb for all three markets, typical for this time of year. The time for all properties in all three markets is over 160 days. In SEJ, it is 243 days. These are record highs for NK and SEJ. The market time for just those properties that sold is about one third lower in all three markets, demonstrating that appropriately-priced homes are selling while the rest languish on the market.

The graphs show that NK average selling prices continue to hover at levels last seen in 2005. Following some relatively sharp swings around those levels they have remained relatively flat for the past 12 months. Early in 2011, the SEJ average selling prices began a decline that by mid- year reached levels last seen in 2004. More recently the average has trended upward, but is still at about late 2004 levels. The downward trend of average selling prices on BI has reversed and they are now at levels last seen early in 2005.

The sales rates in NK and SEJ were down over the same period last year. For BI it was up dramatically compared to last year, although the magnitude was exaggerated by the fact that those statistics are based on a single week. The sales rates in December were down compared to November in SEJ and NK . They were up for BI.