Kitsap Closings: June 8-14

Though closing activity is still slow (about the same as last year at this time), buyers are making offers. Silverdale and Poulsbo markets favor sellers. Kingston is neutral. A strong buyers' market in Bainbridge Island for homes under $1M.


7 single family homes, 2 condos

Silverdale 1 homes on market 6.5 months for $273,000, 91% of the original listing price.

Poulsbo 4 homes, average market time 1.6 months. Average selling price was $299,500, 94% of the average original listing price.

Bainbridge 2 homes; average market time was 1 month (1 presale). Average selling price was $837,333, 94% of the average original listing price. 2 condos, avg mkt time 8 months, average selling price $306,000, 91% of the average original listing price.

The same period last year closed 7 homes and 1 parcel

Poulsbo 4 home, average market time 4.1 months. Average sale price was $305,000, 96% of the original average listing price.
Bainbridge Island, 3 homes, average market time 3 months. Average sale price was $412,500, 93% of the original average listing price. 1 parcel sold at full price for $235,000 in 5 weeks.

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