Real Estate Market Report for Seabeck WA - March 2009

Here is the real estate market report for NWMLS Area 145 - Seabeck WA - as of March 23, 2009.

Current Active Listings:     92

Sold in Past 6 months:     38

Average Sales Price:        $ 259,126

Average List Price:           $ 274,922

Ratio of LP vs. SP:           96%

Days on Market:              109

Pending this week:           3

After what has seemed like an eternity of waiting, the proposed Olympic View Marina project is finally moving forward. County Commissioners approved an amendment to the shoreline master plan, changing the existing zoning anomaly from conservancy to rural, allowing the the construction of the new marina to commence. The developers hope to begin the dismantling of the existing marina soon. Completion of the new marina will no doubt have a huge positive impact on the local economy and further improve property valuations in the immediate area.

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.