Gig Harbor and Kitsap County Real Estate

Gig Harbor and Kitsap County Real Estate

The Washington real estate market in Gig Harbor the Key Peninsula and Kitsap County, which includes Port Orchard, Bremerton, Silverdale, Poulsbo, Kingston and Bainbridge Island, for single family home during April 2010 showed some promising numbers.  The figures do not take condominiums or multi-family properties into account, only single family homes.  Kitsap County had a total of 240 closed home sales and 368 offer on homes made.  Gig Harbor had a total of 46 closed home sales during April and 84 offers made on homes in April.  The Key Peninsula had 9 closed home sales and 28 offer on homes made.  As you can see from the numbers below, real estate in Kitsap county for homes under the $300,000 price range doing very well.  Real estate in Gig Harbor is also starting to improve, especially for homes in the $300,000-$600,000 price range.  Although Gig Harbor is a more higher end real estate market per capita than Kitsap County, Bainbridge Island in Kitsap County is a similar real estate market to Gig Harbor, with many high end waterfront homes.  Six of the Eight over $900,000 homes in Kitsap County are on Bainbridge Island.  Real Estate on the Key Peninsula is still struggling with almost all of it’s closed home sales and offer being made under $300,000, despite there being a good number of waterfront homes for sale. 

April 2010                 Closed Sales             Offers Made

Kitsap County

under $300,000                 182                        252

$300,001-$600,000             43                         94   

$600,001-$900,000             10                         19

$900,001-$1,200,000            4                           2

above $1,200,000                 1                           1

Totals                                240                     368

Gig Harbor

under $300,000                  13                         29

$300,001-$600,000             23                         43

$600,001-$900,000              7                            8

$900,001-$1,200,000           3                            3

above $1,200,000                0                            1

Totals                                 46                        84

Key Peninsula

under $300,000                   9                           25

$300,001-$600,000              0                            2

$600,001-$900,000              0                            1

$900,001-$1,200,000           0                            0

above $1,200,000                0                            0

Totals                                   9                        28

This post and previous posts regarding the Gig Harbor Real Estate Market & Kitsap Real Estate Market can also be viewed on our website dedicated to healthcare professionals www.healthcarehomebuyer.com and my personal real estate website www.gigharbor-realestate.com.