Paul Pival

The Silverdale and Poulsbo markets continue to heat up--both are now strong sellers' markets. Kingston is moving toward the seller's advantage but is still fairly neutral. The surprise this week is Bainbridge Island, for the past year a strong buyers' market and changing very rapidly to a sellers' market.

15 single family homes, 3 condos

Silverdale 5 homes on market for an average of 2.4 months; average selling price was sold for $337,000, 95.5% of the average listing prices.

Poulsbo 9 homes, avg mkt time 2.7 months; average sale $359,000--93.8% of the average original list price; 1 condo sold in 2 years for $230,000, 98% of the listing price.

Kingston 2 homes, avg mkt time 9.3 months; avg sale price $489,000--91% of the avg listing price.

Bainbridge 5 homes, avg mkt time less than 1 month (1 sold in 3 days at list price); avg selling price $858,900--98.5% of the average original list price; 2 condos, avg mkt time 15 months, avg sale price $352,500--98% of avg original list price

Silverdale 11 homes on market for an average of 5 months, average sale price 287,183--94.5% of the average original listing price

Poulsbo 4 homes; average time on market 6.7 months; average sale $388,988--92.6% of the average original listing price; 1 land parcel, 4.8 mo, $310,000, 84.9 % of original listing price.

Kingston 6 homes, avg mkt time 5.9 months; average sale $344,500--94.8% of avg orig list price

Bainbridge 6 homes; average time on market 2.9 months; average sale $610,000--94.3% of the original listing price; 4 condos on market for 94.7 months, sold for $423,000--96.4% of the average original listing price; 1 lot, 3.6 mo, $219,000, 73% of listing price.

Closing activity is increasing, both from last year at this time and from last week. Silverdale and Poulsbo markets continue to favor sellers. Kingston is neutral. Bainbridge Island buyers market is moving toward neutral for homes under $1M.


8 single family homes, 2 condos

Silverdale 1 home on market for 2.6 months sold for $239,750, 1% over the original list price

Poulsbo 3 homes (2 presale); avg mkt time 4.3 months; average sale $290,000--97.6% of the average original list price

Kingston 1 home on market for 2 weeks sold for the full listing price of $212,000

Bainbridge 3 homes, avg mkt time 7.1 months; avg selling price $707,667--80% of the average original list price; 2 condos, avg mkt time 3.6 months, avg sale price $334,000--95.7% of avg original list price

Silverdale 1 condo on market for 6.6 months, sold for $273,000--91% of the original listing price.

Poulsbo 4 homes; average time on market 7.9 months; average sale $299,500--94.5% of the original listing price.

Bainbridge 2 homes; average time on market 1 month; average sale $1,106,250--94.4% of the original listing price; 1 condo on market for 9.6 months, sold for $339,000--89.4% of the original listing price.

Silverdale and Poulsbo markets favor sellers. Kingston is neutral. A strong buyers' market in Bainbridge Island for homes under $1M.

7 single family homes, 2 condos

Silverdale 1 homes on market 6.5 months for $273,000, 91% of the original listing price.

Poulsbo 4 homes, average market time 1.6 months. Average selling price was $299,500, 94% of the average original listing price.

Bainbridge 2 homes; average market time was 1 month (1 presale). Average selling price was $837,333, 94% of the average original listing price. 2 condos, avg mkt time 8 months, average selling price $306,000, 91% of the average original listing price.

The same period last year closed 7 homes and 1 parcel

Poulsbo 4 home, average market time 4.1 months. Average sale price was $305,000, 96% of the original average listing price.
Bainbridge Island, 3 homes, average market time 3 months. Average sale price was $412,500, 93% of the original average listing price. 1 parcel sold at full price for $235,000 in 5 weeks.

Activity is still slow, but indications are that this market is turning around.
Silverdale and Poulsbo markets favor sellers. Kingston is neutral. A strong buyers' market in Bainbridge Island.

12 single family homes, 1 condo, 1 land parcel

Silverdale 3 homes, average market time 6.6 months
Poulsbo 5 homes, average market time 1.6 months
Kingston 3 homes, average market time 1 month
Bainbridge 1 home on market for 3 weeks; 1 condo sold in 8.4 months; 1 land
parcel sold in 4.5 months

The same period last year closed 14 homes, 1 condo, 1 land parcel

Silverdale 4 homes; average market time 1.2 months; 1 parcel on market for 3 mos Poulsbo 5 homes (1 presale) average market time 10 months
Bainbridge Island, 5 homes, average market time 4.2 months; 1 condo avg mkt time 2.7 months

If you're curious about the selling price of the home in your neighborhood, email me for details.

Activity is slower than last year at this time, especially in Silverdale and Bainbridge Island.

14 single family homes, 2 condos, 1 land parcel

Silverdale 6 homes, average market time 3.7 months
Poulsbo 5 homes (1 presale), avg mkt time 5.8 monhs; 1 lot sold in 10.7 months
Kingston 1 home sold in 11. 3 months Bainbridge Island 2 homes, average market time 9 months; 2 condos, avg mkt time 5.3 months

The same period last year closed 20 homes and 3 condos

Silverdale 7 homes; average market time 5.5 months
Poulsbo 4 homes (1 presale) average market time 10 months
Kingston 1 condo sold in 2.7 months
Bainbridge Island, 9 homes, average market time 3.4 months; 2 condos avg mkt time 2.9 months

If you're curious about the selling price of the home in your neighborhood, email me for details.