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About Jefferson County, WA

Port Townsend Real Estate Homes & Land

Charlie Arthur, CCIM: Real Estate Brokerage in Port Townsend, WA
Port Townsend is located on the Olympic Peninsula, nestled in a rain shadow created by the Olympic Mountain range. This small Victorian Seaport sits upon its own little peninsula called the Quimper Peninsula. Needless to say, there is water on 3 sides. The real estate market here is beginning to heat up again. Port Ludlow to the south about 15 miles is a little slower, but there are DEALS galore down there. Awesome retirement communities.

This Market is getting HOT!

Charlie Arthur, CCIM: Real Estate Brokerage in Port Townsend, WA
The deals are happening! Don't believe the media. The interest rates are still LOW, LOW, LOW! Inventory is huge. If people aren't buying right now they are going to totally regret it. We are at a point in real estate history when the deals are hard to pass up. Low rates, large supply. Off the Fence, it is time to buy! Port townsend is a Victorian Seaport located on the Olympic Peninsula and sitting on another peninsula called the Quimper peninsula, in other words...water, water everywhere. If you haven't been to Port Townsend, you MUST visit. Views of the Cascades, Olympic mountains, stunning.

Washington State Ferries

Charlie Arthur, CCIM: Real Estate Brokerage in Port Townsend, WA
Port Townsend, Washington located in Jefferson county is experiencing a serious problem with the ferry system. We normally have 2 boats that hold upwards of 60+ cars. No we only have 1 ferry on loan(thank you to Pierce County) and this cute little ferry can only hold 50 cars. Our retailers and food establishments down town are experiencing a little turn-down in their economy right now. Anyone with pull at the state level should let the powers that be know, we need 2 ferrys that hold a decent amount of cars. I have hope that in a couple of years we will have 2 larger ferries plying the waters, plus a passenger ferry service to Seattle. Cross your fingers.

Let's stop worrying about the market and look at the facts

Charlie Arthur, CCIM: Real Estate Brokerage in Port Townsend, WA
The first quarter of 2008 is looking very good so far. compared to this same perior in 2007. In Jefferson County we have already closed over 124 sides with a dollar volume of over $42,000,000 compared to this same period last year with only 100 sides, but over $52,000,000 in dollar volume. Looking at the pending transactions, by the end of this quarter we may actually do better than 2007. This is all good news!

Port Townsend Jefferson County Sold data

Charlie Arthur, CCIM: Real Estate Brokerage in Port Townsend, WA
Port townsend, Jefferson county, information derived from the northwest multiple listing service. In Jefferson county year to date(february 25th, 2008) There have been 55 listings sold with an average days on the market of 174 and average sales price of $330,000 and Median sales price of $270,000. Pretty normal market. Let's all get back to work.