During the first couple of months of 2011 there have been 330 home that sold in Kitsap Coutny. These Kitsap County homes actually had a transfer of home ownership. Contracts complete and lender funds available, home buyer and seller signed all of their documents as prepared by escrow. Once all of the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name.
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Bremerton Washington.
Bremerton Homes Sold: 109 with an average asking price of $201,909 and a final sales price of $196,710. These homes took an average of 159 days to sell.
Port Orchard Homes Sold: 93 with an average asking price of $228,224 and a final sales price of $222,127. These homes took an average of 140 days to sell.
Poulsbo Homes Sold: 43 with an average asking price of $310,416 and a final sales price of $299,727. These homes took an average of 166 days to sell.
Bainbridge Island Homes Sold: 44 with an average asking price of $552,523 and a final sales price of $529,570. These homes took an average of 260 days to sell.
Silverdale Homes Sold: 13 with an average asking price of $276,531 and a final sales price of $265,837. These homes took an average of 116 days to sell.
What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”
Author:Jo Soss
Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.
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Kitsap County Real Estate Absorption Rate. I have been thinking about absorption rates lately with all the talk of how the area housing market is improving. The NWMLS (Northwest Multiple Listing Service) releases data every few weeks and of course monthly market data reports. If you want to read more from the NWMLS you can bookmark the site that the public has access to.