Silverdale Real Estate Market - September 2008 - 10/15/08 12:50 AM
Homes in Silverdale were selling for a YTD median price of about $300,000 at the end of September, down 6.2 percent from a year ago. The September median closed sale of $300,000 was about 14% less than the September median a year ago. Kitsap County YTD median price has fallen 8.8% over the past year.   The number of Silverdale YTD closed sales was down 39% from a year ago, compared to a drop in closed sales of 26% for the County as a whole. The number of pending sales YTD is down 34% from a year ago. The number of active … (3 comments)

Poulsbo Real Estate Market - September 2008 - 10/15/08 12:49 AM
Statistics we refer to are for that part of Poulsbo encompassing the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, including parts north to Sawdust Hill Rd. The market for other parts of Poulsbo and its suburbs should have approximately similar trends. Homes in Poulsbo were selling for a YTD median sale price of about $334,126 at the end of September, down about 5.9% from a year ago and down 1% from last month. Poulsbo's September median sale price was $325,900, about the same as in September 2007. Kitsap County YTD median price has fallen 8.8% over … (0 comments)

North Kitsap Real Estate Market - September 2008 - 10/15/08 12:47 AM
Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $372,500 at the end of September, up about 6% from a year ago and up about 3% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 8.8% over the past year.  The YTD number of closed sales is down 28% from a year ago, and the YTD number of pending sales is down 31%.  However, September pending sales … (0 comments)

Bremerton Real Estate Market - September 2008 - 10/15/08 12:45 AM
Statistics we refer to are for that part of Bremerton encompassing the downtown core and west to Kitsap Lake. The market for other parts of Bremerton and its suburbs should have approximately similar trends. Homes in Bremerton were selling for a YTD median price of about $185,000 at the end of September, about 14% lower than a year ago. The September median price for closed sales ($195,000) was 7% higher than the median for last month but still 15% lower than a year ago. Kitsap County YTD median price has fallen 8.8% over the past year.  The Bremerton YTD number of … (0 comments)

Bainbridge Island Real Estate Market - September 2008 - 10/15/08 12:44 AM
Residential homes on Bainbridge Island were selling for a YTD median price of about $608,500 at the end of September, a drop of 10.5% from a year ago. The median price for closed sales occurring in September ($638,750) was down about 10.7% from a year ago. Kitsap County YTD median price has fallen 8.8% over the past year. The YTD number of Bainbridge closed sales is down 49% from a year ago, and the YTD number of pending sales is down 42%. These numbers have improved slightly as the in the past couple months. The number of closed sales is down … (0 comments)

Distressed Property Sales in Washington - 10/15/08 12:25 AM
Our latest market report highlights that sales of bank owned and distressed properties are increasingly impacting our local real estate market. Within the Northwest MLS (not including foreclosure auction sales) we calculated that at 6% of the properties listed and 18% of the pending sales were from bank owned properties or short sales (where a distressed seller obtains lender concurrence to close the sale of the property with a payoff less than the full amount of the loan). In Washington a Distressed Home is an owner occupied primary residence (single, duplex, triplex, 4-plex) in the process of foreclosure or in danger of … (0 comments)

 
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Brenda Prowse

Poulsbo, WA

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Prowse and Company

Address: 18887 State Hwy 305, Ste 600, Poulsbo, WA, 98370

Office Phone: (360) 779-2888

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