Kingston (WA) market report for July - 08/11/11 01:41 PM

Kingston: Closed Transactions in July
 
Please note: we are comparing closings during this year's July and last year's July.
 
One more home closed in July this year.
 
Transactions took about five weeks longer to close.  The average selling price was six percent  lower.   
 
Sellers accepted 13% less than they originally asked.

There are 77 homes on the market, with the lowest listing price $145,000, the highest at $1.8 million.   The average listing  price is $450,000 , with half the 77 homes under the median price of $403,000.
 
If you would like details of … (0 comments)

Silverdale (WA) market report for July - 08/11/11 12:52 PM
Silverdale: Closed Transactions in July
 
Please note: we are comparing closings during July of this year and last year. 
 
21% fewer homes closed last month than during the same month last year.
 
Transactions closed about 11 days faster.  The average selling price dropped by 15%.   
 
Sellers accepted 2% less than they originally asked, which indicates their asking prices were very close to what the market wants.

There are plenty of homes in inventory (113) at all price ranges (the lowest listing is $98,900, the highest is $3.2M).  Average listing  price is $370,000 , with half … (0 comments)

Bad housing news nationally, great news for Tacoma - 08/10/11 07:01 PM

According to David Stiff, chief economist for Fiserve, which provides financial analysis for the financial industry, the chances of the housing market recovering in the near future are slim (see this article from CNNMoney). But the outook in Tacoma is much, much brighter.
"Stiff said markets that are ripe for a turnaround will be in the Pacific Northwest. The biggest gainer is expected to be Tacoma, Wash., where Fiserv said prices will rise nearly 25% by March 2013. Seattle and Portland's prices are expected to stay flat through next March and then record double-digit gains of just over 10% each … (3 comments)

Poulsbo (WA) market report for July - 08/08/11 08:05 PM

 Closed Transactions Month of July
 
Please note: we are comparing closings during July of this year and last year.
 
41% fewer homes closed in Poulsbo in July.
 
Transactions took five weeks longer to close.  The average selling price was 10 percent  lower. 
 
There are 154 homes in inventory at all price ranges ($94,000 to $1.8M)  Average listing  price is $369,000 , with half the inventory under $319,000. 

Sellers accepted six percent less than their original asking price.
 
If you would like details of the home that closed in your neighborhood, … (1 comments)

Bainbridge closings up sharply in July; more homes in inventory - 08/06/11 04:06 PM
 Closed Transactions Month of July
 
Please note: we are comparing closings for July of this year to last year.
 
80% more homes closed in July this year.
 
Transactions took about 65 days longer to close.  The average selling price was down seven percent.  
 
Sellers accepted 9% less than they originally asked.

There are 280 homes in inventory, 31 more than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $890,000, down from last month) , with half the inventory under $657,000.  
 
In summary, Bainbridge has more homes … (0 comments)

North Tacoma market report for July - 08/01/11 04:06 PM
Closed Transactions for July

Here are last month's statistics for North Tacoma, including downtown and University Place. 
33% fewer homes closed this month than during July last year, and they closed 11 days sooner.
 
The average sale was down only 2% from the same month a year ago, an improvement over last month's numbers. Sellers accepted about  11% less than their original asking price.

Tacoma continues to be a buyers' market, but the trend is moving toward neutral.
 
Currently 748 single family residences are on the market. Listing prices range from $40,000 to $7M. … (0 comments)

 

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