Kitsap Closings: Nov 29-Dec 13

Where have all the buyers gone (long time passing)? This is the best buyers market in nearly forty years and yet we are seeing almost no activity! Interest rates are under 5% for a 30-year conventional loan and sellers are willing to look at any reasonable offer. Are buyers afraid of losing their jobs?

Risk nothing, gain nothing. Buyers thinking of downsizing or relocating should make their move now.

4 closings for single family homes, 1 condo, 2 land parcels

All homes sold at under $440,000. One lot sold the day it was listed for $110,000. The other sold in less than 2 weeks for (gulp) nearly $3,300,000.

Silverdale 1 home on the market for 26 days

Kingston, 1 condo on the market for just under 7 months

Bainbridge 3 homes, average market time 7 months; 2 parcels, average market time 1 week

The same period last year closed 25 homes, 2 condos, and 3 lots. Silverdale was the hot spot.

Silverdale 11 homes, 1 parcel

Poulsbo 5 homes, 1 condo, 1 lot

Kingston 3 homes

Bainbridge 7 homes, 1 condo

Curious about the selling price of the home or condo that closed in your neighborhood? Ask me for a detailed report including photos, time on market, listing price and selling price.