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During the month of December there were 49. [21 homes less than November] homes that sold in Port Orchard. These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as 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 Port Orchard Washington.
Let's look at those 49 Port Orchard homes -
Average List Price
Average Sold Price
The average sq ft of these 49 Port Orchard homes was 2052 sq ft. These homes spent an average of 155 days on the market (DOM).
The list to sale ratio for these homes was 97.96 percent. What that meas is that buyers offered 97.96% of what the seller requested.
Not a bad time to purchase a home in Port Orchard, Washington. The market is still under correction and there are several homes listed under $200,000. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here
Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI
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.
Port Orchard Real Estate 2009 Market Reports
Similar Posts
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed
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During the month of November there were 70 (^2) homes that sold in Port Orchard. This is 2 more homes than in October. These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as 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 Port Orchard Washington.
Let's look at those 70 Port Orchard homes -
Average List Price
Average Sold Price
The average sq ft of these 70 Port Orchard homes was 1771 sq ft. These homes spent an average of113 days on the market (DOM).
The list to sale ratio for these homes was 98.48 percent. What that meas is that buyers offered 98.48% of what the seller requested.
Not a bad time to purchase a home in Port Orchard, Washington. The market is still under correction and there are several homes listed under $200,000. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here
Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI
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.
Port Orchard Real Estate 2009 Market Reports
Similar Posts
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed
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What a storm, I am glad I dont deal with this type of weather anymore!
The southern states are a great place to visit but I am glad I dont live there anymore!
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Each month I publish a real estate market report for Kitsap County WA on my local blog, SOUNDBITEBLOG. It provides an analysis of the combined single-family home and condo market within Kitsap County, Washington for each particular month, including data for Bainbridge Island WA.
Included along with the relevant market statistics is my own personal take on the current markety dynamics/conditions.
In addition, I always provide engaging information that highlights our area and showcases all that Kitsap County WA has to offer.
This week, I share about the pending extension of the $8000 1st-Time Home Buyers Federal Tax Credit and where to find your 'Sushi' fix.
To access the latest market report, go to Kitsap County WA Real Estate Market Report for November 2009.
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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
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According to an article today on Forbes.com, it appears that the $8000 Federal Housing Tax Credit for First Time Home Buyers is very close to being extended!...
With everything else that's been going on out in Washington D.C. of late, i.e. massive debt to bailout Wall Street, dismal 'Cash for Clunkers' program, government take-over of Health Care, indecision on Afghanistan, etc., it's encouraging to see progress on legislation that is truly effective for a change, and makes a difference for taxpayers and the economy.
For additional coverage on this breaking story, go to the full article at SOUNDBITEBLOG (opens up into a separate window for your viewing ease)
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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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