The following is a brief analysis of the combined single-family home and condo market within Kitsap County, Washington for March 2010, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA (this includes data for Bainbridge Island WA)
- Properties currently active on the market: 1775
- Properties closed in the last 180 days: 1339
- Average Sales Price: $284083
- Average List Price: $295,292
- Ratio of List Price to Sales Price: 97%
- Average Days on Market: 93
- Sales Pending this Week: 87
Seabeck WA statistics separately: (Area 145)
- Properties currently Active on the market: 70
- Properties closed in last 180 days: 43
- Months of Inventory: 9.77
- Average Sales Price: $290,041
- Average List Price: $299,131
- Ratio of List Price to Sales Price: 96%
- Average Days on Market: 91
- Sales Pending this week: 3
For additional area specific market statistics, go to www.KitsapLife.com
WHAT’S HAPPENING IN THE KITSAP COUNTY WA MARKET NOW?
Now that the National Health Care Bill has been passed, perhaps Washington DC can get back to the task of kick starting our economy and hopefully improving the housing outlook for the near future. Historically, we normally begin to see a slight increase in sales activity as we enter into the Spring season. No doubt the April 30th deadline for the 1st Time Home Buyer’s Tax Credit will encourage some to get off the fence. Rates still continue to hover just below 5% for a 30-year fixed with .75 to 1 points. For more mortgage rate details, go to The Mortgage Porter.
“SONGS FOR A NEW WORLD” AT CSTOCK COMMUNITY THEATER
This coming weekend is your final opportunity to see CSTOCK’s Black Box Young Adult production of “Songs For A New World” directed by students Billy Buhl, Cherisse Martinelli, and Jessica Rothwell. This amazing show features local teens and young adults ages 13-20. The vocals are powerful and moving, and showcases the tremendous talents of our area young people. For more information, go to CSTOCK.org
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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, Everyday CK, and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com