Belfair Homes for Sale~98528~October 2009~Real Estate Area Market Report

The amount of pending sales on homes for sale in the local Belfair WA area has kept a fairly steady pace throughout the last couple of months. There are still a lot of choices available and some great buys. Buyers might want to jump on the bandwagon as soon as possible as we have also started seeing certain price ranges lacking in inventory and multiple offers on the ones available. Let's take a look at specifics.

The Belfair real estate market seemed to be a lot more active in the last month.... Let's take a look and see what fall has brought to the Belfair, WA real Estate market.

• Homes for Sale in Belfair, WA- (These are homes only for sale that are actively listed with real estate agents).
• Active Listings : 90
• Average Median Price : $383,871
• Average Market Time : 203
• Price range : Lowest $89,000; highest is $5,995,000 (waterfront home on South Shore Hood Canal)

There are a lot of great choices and opportunities out there! Buyers don't miss your chance!

This is an overall look at all homes in the 98528 zip code and includes waterfront homes for sale, so the median price is a little skewed due to the list price of the higher end waterfront homes. Call me for more specific information on homes for sale in Belfair that meet YOUR specific criteria and price range

Pending homes for sale in Belfair- These have a mutually accepted purchase and sale between buyer and seller and they are going through the closing process; typically a 30-45 day time line depending on various factors.

• Pending Feasibility - 1
• Pending Back up offers (sellers would like back up offers) - 2
• Pending Inspection : 12
• Pending: 14
• Average Median Price : $302,984.25 (this is high due to a waterfront home for sale pending at $599,000)
• Average Market Time : 193 days
• Average Dollars per square foot : $254.12 (Again, this number is high due to the waterfront home for sale pending. The Average per square foot without it is : $$137.97)

So that is a total of 29 pending homes for sale in Belfair.

Sold Homes in Belfair from September 1, 2009 through October 31, 2009:

• 9 sold in JSeptember of 2009
• 5 sold in October 2009
• Average Median Price: $144,080.00
• Average $$'s per square foot : $107.76
• Average Days on the Market: 183

Another important statistic that showed in September and October, was the selling to list price ratio.... It is at 96.46% overall.Still indicating a buyers market on sales.

Previous Belfair WA Homes for Sale and Sold Market Reports:

April 2009 Belfair Wa Real Estate Market Report

March 2009 Belfair Wa Real Estate Market Report

February 2009 Belfair WA Real Estate Market Report

January 2009 Belfair WA Real Estate Market Report

Belfair WA offers many amenities to its residents and tourists as well. There are many recreational opportunities close by and in Belfair offering for hiking, sailing, boating, and kayaking along many of the waterways and lakes; There are golf courses close by such as LakeLand Village Golf Course, Alderbrook Golf Course and Gold Mountain as well.

The gateway to both the South Shore and North Shore of the Hood Canal is another attraction for many. Being convenient to both the Southern Puget Sound and ease of access to Bremerton and the ferry,Port Orchard, Tacoma and Seattle as well as areas south such as Olympia. All within easy driving distance.

~~VALERIE~~

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If you would like more information regarding the homes for sale in Belfair WA, drop me a line, or give me a call. I would love to help you achieve your real estate goals. Remember real estate is LOCAL.

I also offer a FREE comparative market analysis for sellers tailored specifically for your home or property. If you would like more information on selling your home in this market, please give me a call, drop me a line, or stop on in! I believe in building relationships for life... YOUR SUCCESS IS MY SUCCESS!

We believe homes are where memories are made and living takes place!

~~Valerie~~

Associate Broker

Windermere Peninsula Properties : My Belfair WA Real Estate Blog : www.BelfairWARealEstate.com

My Website : www.valspaulding.mywindermere.com Email : vlsallyn@windermere.com

Direct Cell : 360-710-5622 Fax # 360-277-5006