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North Kitsap Real Estate Market Report - December 2007

By
Real Estate Agent with Prowse and Company

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $357,250 at the end of December, up about 7% from a year ago. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County median prices were up 6% over the past year. The YTD number of closed sales is down 18% from a year ago, and the YTD number of pending sales is down 11%. The number of closed sales is down 18% Countywide from a year ago. The number of active listings in Kingston (75) is up 32% from a year ago, and the inventory turnover (total homes on the market divided by number sold last month) is 25 months.

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)