Port Townsend Real Estate Market

Still very much a Buyer's Market here in our little corner of the Pacific Northwest. Residential sales for 2011 were down by just about 2% over 2010, and prices overall declined by about 9%. (Average statewide as well. ) REO properties accounted for about 20% of all residential sales. Most popular price range was $150,000 to $350,000.

Of the 4 major companies in the area, John L Scott Port Townsend was the top selling agent with the highest number of residential sales with about 25% more sales than the closest competitor.