Kitsap Closings: June 15-21

Closing activity is increasing, both from last year at this time and from last week. Silverdale and Poulsbo markets continue to favor sellers. Kingston is neutral. Bainbridge Island buyers market is moving toward neutral for homes under $1M.


8 single family homes, 2 condos

Silverdale 1 home on market for 2.6 months sold for $239,750, 1% over the original list price

Poulsbo 3 homes (2 presale); avg mkt time 4.3 months; average sale $290,000--97.6% of the average original list price

Kingston 1 home on market for 2 weeks sold for the full listing price of $212,000

Bainbridge 3 homes, avg mkt time 7.1 months; avg selling price $707,667--80% of the average original list price; 2 condos, avg mkt time 3.6 months, avg sale price $334,000--95.7% of avg original list price

The same period in 2008 closed 6 homes and 2 condos

Silverdale 1 condo on market for 6.6 months, sold for $273,000--91% of the original listing price.

Poulsbo 4 homes; average time on market 7.9 months; average sale $299,500--94.5% of the original listing price.

Bainbridge 2 homes; average time on market 1 month; average sale $1,106,250--94.4% of the original listing price; 1 condo on market for 9.6 months, sold for $339,000--89.4% of the original listing price.

If you're curious about the selling price of the home in your neighborhood, email me for details.