Friday, April 10, 2009

Kitsap Closings: April 1-7

Still very slow, but remember that "closed" means "funded and recorded." These homes sold weeks, perhaps months ago. I expect the market to start picking up in the next quarter.

7 closings for single family homes

Silverdale
3 homes, average market time 1 year, 1.7 months
Poulsbo 1 home sold in one month
Kingston 2 homes, average market time 6.3 months
Bainbridge Island 2 homes, average market time 2.3 months. Compare the market time this week to last weeks! One home was priced so well it sold in 2 days!

The same period last year closed 13 homes and 2 land parcels

Silverdale 4 homes, average market time 13.3 months
Poulsbo 4 homes (2 presale), average market time 3.7 months; 1 land parcel sold in 5.3 months
Kingston, 1 land parcel sold in 1.7 months
Bainbridge Island, 4 homes, average market time 4.4 months

Curious about the selling price of any of these listings? Email me for details.

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