Homes in Silverdale were selling for a December median price of about $261,700, 14% higher than a year ago and 7% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $267,483, 5% higher than last month and about 3% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 50% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in December was 90% higher than a year ago. The number of active listings in Silverdale (82) is 9% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.9 months, faster than the 9.1 months reported last month and faster than the 11.3 month turnover of a year ago. Silverdale is a buyer's market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$261,700 |
267,483 |
14 |
19 |
5.9 |
November 2011 |
$280,750 |
253,583 |
14 |
19 |
9.1 |
December 2010 |
$230,000 |
259,667 |
9 |
12 |
11.3 |
|
These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The December median sales price for Poulsbo was $260,550, down about 10% from a year ago and down about 10% from last month. The more stable three month moving average closed sale price was $278,350, about 9% lower than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 24% from a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. Poulsbo’s 3 month moving average of pending sales fell 6% from a year ago. The Poulsbo listing inventory (95) is 17% lower than a year ago and 13% lower than last month. The inventory turnover (total homes on the market divided by number sold last month) slowed to 7.9 months, slower than last month’s 6.8 month turnover rate and slower than the 6.4 months reported a year ago. Poulsbo is a buyer’s market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$260,550 |
278,350 |
14 |
16 |
7.9 |
November 2011 |
$289,500 |
276,500 |
16 |
17 |
6.8 |
December 2010 |
$288,500 |
306,000 |
11 |
17 |
6.4 |
|
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 $329,000 at the end of December, 47% higher than a year ago and 39% lower than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($365,492) of closed sale price is 51% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 6% lower than a year ago, while the number of pending sales was 40% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The number of active listings in Kingston (50) is 35% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 16.7 months, way slower than the 6.7 month turnover reported last month and slower than the 6.2 month turnover of a year ago. Kingston is still a buyer's market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$329,000 |
365,492 |
6 |
7 |
16.7 |
November 2011 |
$537,475 |
344,292 |
7 |
8 |
6.7 |
December 2010 |
$223,150 |
242,683 |
6 |
5 |
6.2 |
|
Statistics are for the Bremerton downtown core and west to Kitsap Lake. The market for other parts of Bremerton and its suburbs should be similar. Bremerton homes were selling for a month end median price of $137,988 at the end of December, 16% lower than a year ago and 2% higher than last month. The more stable 3 month moving average median price ($124,719) was about 21% lower than a year ago and less than 1% lower than last month. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. Bremerton's 3 month moving average for number of closed sales is 3% lower than a year ago and 5% higher than last month. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average number of Bremerton pending sales is up 18% from last year. The number of Bremerton active listings (127) is 7% higher than a year ago and 6% lower than last month. The inventory turnover (total Bremerton homes on the market divided by number sold last month) is 7.1 months, slower than both the 6.4 month turnover last month and the 6.0 month turnover of a year ago. The Bremerton market is still a buyer’s market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$137,988 |
124,719 |
20 |
26 |
7.1 |
November 2011 |
$135,000 |
125,056 |
19 |
25 |
6.4 |
December 2010 |
$163,500 |
158,633 |
21 |
22 |
6.0 |
|
Bainbridge Island residential properties were selling for a December median price of $483,000, about 5% lower than in November and less than 13% lower than a year ago. The more stable three month moving average closed sale price rose 5% from last month to $486,000 and is 6% lower than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average for Bainbridge Island's number of closed sales is about 7% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average number of Bainbridge pending sales in December was down 13% from a year ago. The number of active listings on Bainbridge (173) is 20% lower than in November and 11% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.7 months, faster (due to falling inventory) than the 11.3 months in November and slower than the 6 months of a year ago. Bainbridge Island is a buyer’s market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$483,000 |
$486,000 |
20 |
21 |
8.7 |
November 2011 |
$510,000 |
$441,667 |
23 |
26 |
11.3 |
December 2010 |
$554,500 |
$515,292 |
19 |
24 |
6.0 |
|
My team at Prowse and Company has been selling Kitsap County real estate since 1998 (and myself for over 30 years). We understand today's real estate market and how best to help buyers and sellers.
Brenda Prowse - Listing Agent and Broker
Brenda founded Prowse and Company in 1998. In the past 10 years she has individually listed and sold over 600 homes in Kitsap County (the Prowse and Company team has sold more than 1000). In addition to being a licensed broker, she is a Graduate of the Realtors Institute (GRI) and the Howard Brinton Star Power Real Estate University. Brenda recently has earned the prestigious Certified International Property Specialist (CIPS) designation and joins a worldwide referral network of elite global real estate practitioners with expertise in working with international clients as well as immigrants. Most recently Brenda has completed certification as a Certified Distressed Properties Expert (CDPE). Two other members of her team are also CDPE's, and she is committed to helping distressed property homeowners avoid foreclosure.
She has been a top selling agent in Kitsap County for more than 30 years and has won numerous sales awards. Brenda holds a BA in Education from Eastern Washington University (1972). She started in real estate when she returned to the US after teaching school in Australia for 6 years. She was President of the Poulsbo Chamber of Commerce in 2002 and was chosen as the Poulsbo Chamber's Person of the Year for 2004.
Brenda specializes in the listing and sales of Kitsap County real estate in Bremerton, Poulsbo, Silverdale, Bainbridge Island, Kingston, Suquamish, Indianola, Hansville, and Port Orchard, WA. The Kitsap Peninsula is located across Puget Sound from Seattle. Commuting to work in Seattle via the Washington State Ferries is common, and in this respect Kitsap County functions as a suburb of Seattle. Her husband Hugh is a Naval Academy graduate and retired Navy submarine officer, so she is very familiar with military life and programs that support military moves to Naval Base Kitsap, Keyport, Puget Sound Naval Shipyard, and local support facilities.
Brenda sells residential properties, land, condominiums, multifamily dwellings, and new construction homes. She specializes in the sale of waterfront properties and land. You can download our monthly waterfront mailer with properties and market statistics. Use our web site to search all the homes on the market in Kitsap County. She is a Certified Distressed Properties Expert (CDPE).
Take a look at our web site to see many more referrals like the ones below.
Jason and Kelly Morris
Bought a home in Bremerton through agent Noelle Osborn of Prowse & Company
"Noelle - We can't thank you enough for helping us and giving us the gift of being able to raise our girls in a home of our own. This special season will be their 1st Christmas in their home."
Brian and Susan Burns
Bought a home through agent Jim Valentine of Prowse & Company and referred a friend.
"Dear Brenda, and especially Lori and Taylor — Thank you so very much for the lovely roses you sent us this afternoon. They are sitting in the place of honor in our entry hall and they are beautiful!! We felt very secure in referring your realty to our friends, Sandi and Mike Cruickshank. As I told you last year, we were extremely pleased with the service we received from Jim Valentine - who showed us 17 houses in one day and followed through as our agent during the escrow process while we were still living in California. He was fabulous and, Lori and Taylor, so are you. The Cruickshanks are delighted with your patience and knowledge and ability to make things happen quickly. I spoke with them today and they are in serious discussions about several of the homes you showed them. Again, thank you for the wonderful roses. We will enjoy them over the next days and remember you the next time someone asks us to recommend a realtor."
Dr. Michael and Toni Grabowski
Sold a home in Suquamish through Prowse & Company
"Thank you, Brenda and the team at Prowse and Company. We were so pleased with your service. You are a great communicator which helped tremendously in the process of selling our waterfront home on Balzow Rd.
in Suquamish. The weekly reports which you e mailed kept us up to date on the the showings, the feed back from buyers, the market trends. We appreciated your honesty in this difficult real estate market; it was not always what we wanted to hear but it was the truth, was appropriate and resulted in the successful sale of our home. We highly recommend Prowse and Company."
Terry and Bethany Lew
Sold a home in Bremerton through Prowse & Company
"Thanks again for all your help in getting our house sold—it’s been a very stressful couple of months and the peace of mind that you provided has been invaluable. We don’t know if/when we’ll be back in the area, but we’ll certainly give your name to anyone who asks."
Scott and Laura Harkins
Sold a home in Poulsbo through Prowse & Company
"With Scott already in Georgia, I thought that I was going to be overwhelmed with selling this house by myself. But you have made the process very easy and smooth by setting up people to come fix what needed to be fixed to get this house sold. You have gone above and beyond the call of duty for me and for that, I am truly thankful!"
Charles and Nancy Swenson
Bought a home through Taylor and Lori Brown of Prowse & Company
"You guys rock! We can’t thank you enough for all you have done in helping us with our Poulsbo dream!"
Stan and Anita Smith
Bought a home in Poulsbo through agents Taylor & Lori Brown of Prowse & Company
"Please thank Hugh and your staff for doing such a great job for us. We really appreciated all the help. Taylor and Lori, but mostly Taylor at least from my end, were extremely helpful and in constant contact with us. Taylor took care of all the leg work and did an outstanding job. I don’t think I ever had a question or concern that he didn’t take care of. Kudos to him. Hugh jumped in as necessary and took care of whatever they couldn’t and left nothing unresolved."
Donna & Georgy Dimof
Sold a home in Poulsbo through Prowse & Company
"We are writing in reference to our real estate transaction during the fall of 2007 with Brenda Prowse & Company. We contracted with Brenda Prowse to sell our home in Poulsbo. From the first meeting with Brenda until our home closed, she and her staff communicated regularly with us regarding the status of our listing. They provided regular updates on mortgage rates, pending sales, market changes, etc. We especially appreciated Brenda’s honesty and knowledge of the local real estate market. Her experience in Kitsap County and her grasp of the market—during a record downturn in number of homes sold and decreasing prices—contributed to our home being sold in five weeks for our asking price. Brenda also successfully negotiated a longer closing time due to a family emergency during the counteroffer period. We would highly recommend Brenda Prowse & Company for any real estate needs. Her staff is extraordinarily knowledgeable and everyone responded quickly to questions and issues that arose during the sale process."
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