Saturday, April 4, 2009

Kitsap Closings: March 22-31

Still a very sluggish market (buyers are probably waiting for Spring weather). One home in Bainbridge finally closed after 5.3 years (years, not months!) on the market. That's because buyers able to pay over 6 million dollars are hard to find.


11 closings for single family homes, 1 vacant parcel

Silverdale
2 homes, average market time 2.75 months
Poulsbo 6 homes, average market time 8.6 months; 1 land parcel sold in 1 month
Kingston 1 home sold in 6.7 months
Bainbridge Island 2 homes, average market time 3.7 years (the other home brought over $1M, closing in just over 2 years).

The same period last year closed 16 homes, 1 condo, 2 land parcels

Silverdale 4 homes, average market time 2 months
Poulsbo 7 homes (2 presale), average market time 6.3 months; 1 land parcel sold in 10 months
Kingston, 2 homes, average market time 9.3 months
Bainbridge Island, 3 homes, average market time 3.5 months; 1 condo sold in 5.6 months; 1 land parcel sold in 1.4 months

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

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