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Originally Posted at: Homefront Realty
During the month of January there were 41 homes that sold in Bremerton. [zip codes: 98310, 98311, 98312, 98314, 98337]. These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner’s name!
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Bremerton Washington.
Let’s look at those 41 Bremerton homes -
| Total number of Homes Sold | 41 |
| Median Original List Price | $169,900 |
| Median List Price | $150,000 |
| Median Selling Price | $141,000 |
| Cumulative days on Market | 94 |
| Days on Market | 63 |
Here is a great chart to compare the sold properties by Month over the last year. Gives us a good look at the year that was 2011. The summer selling market did take place along with a couple of months that had usual spikes. October was a surprise with that sold high of 86. Our prices are still declining and will probably show a decline into and through 2012 with bank foreclosure inventory being released. Currently a 13% decline in median price from 2011. I do believe that if you are a seller and would like to sell you must list early in the year to garner the best possible price. The median sales price has come back up after that huge dip in November.
Not a bad time to purchase a home in Bremerton, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.
What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me here at Homefront Realty via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
“Statistics not compiled or published by NWMLS.” “Equal Opportunity Housing All information deemed reliable, but not guaranteed”
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I was watching an episode of some show on HGTV (don't shoot me) and as the buyers were walking through the front door they mentioned how they like it. It was of course a red door. Don't know how red front doors became so popular (probably because its bold), but this front door was hideous. Sure it was red but the paint job was a bit to be desired.
We all know the front door is a first impression and should be at its best. I have had white doors on every home I have ever owned but one and that door, which was a double door entry was pointed a blue color, sort of like a cornflower blue, it matched the shutters. I always wished they had not ruined the original natrual wood with the paint. I was always going to paint it white.
Here is a link to House Beautiful and some Front Door Paint Colors
Here is a link for those of you that would like to choose your color based on Feng Shui
And here is a vidoeo on how to choose your front door color - from GMC Trade Secrets - the Pros Who Know
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Kitsap County Real Estate Market Data - Last 12 Months.
Here is the real estate market data for the year for all of Kitsap County. You can see the year that was 2011 and then compare January 2011 to January 2012.
This first chart shows you the Sold Properties by month in Kitsap County Looks like we started the year slow and then ended on a higher note, but then again started 2012 slow.
This next chart shows what the median sold price by month was for Kitsap County. Prices seemed to stay semi steady but look at the drop in January 2012. I do believe this is due to the increase in foreclosures.
Here is a chart that shows what a Kitsap County Home was originally listed for and then what it actually sold for. We are still listing homes at a higher market price than buyers are willing to pay. This shows the buyers are dictating the sales price.
This chart shows us how many homes went under contract during the months. Once a home goes under contract the closing time will vary between 30 days and usually 60, of course short sales can really skew this figure. We have started 2012 off with a bang!
Here is the data showing how many homes were new to the market each month. Always slow in December with the holidays and back to a strong number in January 2012.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”
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WATERFRONT!
$500,000
Just over an acre of privacy with 100 ft. of no bank, sandy Hood Canal beach front. Daylight basement home has been updated with fresh paint and floor coverings. Roof, gutters and decking have been replaced. It is so private and quiet here - the perfect waterfront get away property. Stroll down to the shore of the beautiful Hood Canal. Have plenty of space for gardening if you wish. There’s an old apple tree, a detached garage shop for hobbies and of course beach walking and exploring.
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During the month of December there were 56 homes that sold in Port Orchard, Washington. These homes all have the city listed as Port Orchard. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Port Orchard WA homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents prepared by escrow for the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Auburn Washington.
Let’s look at those 56 Port Orchard WA homes -
| Total number of Homes Sold | 56 |
| Median Original List Price | $237,000 |
| Median List Price | $217,450 |
| Median Selling Price | $214,250 |
| Cumulative days on Market | 92 |
| Days on Market | 74 |
Not a bad time to purchase a home in Port Orchard, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.
What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”
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