Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $370,000 at the end of April, 86% higher than a year ago and 30% higher than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret, but this rise means more homes are selling in the higher price ranges rather than a rise in prices in the overall market. The more stable 3 month moving average ($270,333) of closed sale price is 27% higher than a year ago. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average of Kingston closed sales was 67% higher than a year ago, while the number of pending sales was 80% higher than a year ago. The 3 month moving average of closed sales is up 4% Countywide from a year ago. The number of active listings in Kingston (53) is 9% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 7.6 months, slower than the 4.9 month turnover reported last month and faster than the 14.5 month turnover of a year ago. Kingston is still a buyer's market.
About Brenda Prowse:
Prowse and Company celebrated its 13th anniversary on January 1, 2011, continuing as a significant presence in the Poulsbo and Kitsap Real Estate markets.
For over 30 years Brenda Prowse has been one of Kitsap County's top listing agents. If you are a buyer we have an experienced team of buyer agents who know the county from Port Orchard to Hansville and Bainbridge Island and know the land and multi family market just as well as a the residential market. Unlike most agents, they all have the help they need so that they can devote their entire effort to finding clients the right home.
With Prowse and Company, you receive first class service and great results! Whether you desire waterfront, view property, or even a ranch, Prowse and Company will have that special property listed or our Buyers agents will be able to find it for you.
"Our goal is for you to sell your home for the most profit in the least amount of time and for you to buy your home knowing that you have made the best choice at the right price."
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
