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December 2013 End of Year Home Sales Kingston, Hansville & Port Gamble

January 14, 2014

The combined area of Kingston, Hansville & Port Gamble had 13 Home Sales in the Month of December. This is 86% more homes sold than during the same period in the previous year.

Not only did the number of homes sold show a great improvement, but the average selling price was phenomenal during December. The average selling price of $484,065 is the highest its been in the last 3 + years of our recorded data. The Median selling price was also very high as high end homes comprised a large portion of sales in this area for this month.

On another high note, Kingston, Hansville & Port Gamble experienced the lowest percentage of distressed property sales in over a year. December 2013 has 15% distressed property sales, all of which were bank re-owned. The last time we saw a lower percentage, was 8.3% November 2012.

We expect January to show an increase as well, if the previous years trends are any indication. January typically shows a great number of homes sold in the area.

Here is some additional information for December in Kingston, Hansville & Port Gamble:

Average Original $	$525,563
Average Listing $	$499,796
Average Selling $	$484,065
Average Median $	$484,500
Average $/Sq Ft	$186
TTL # Sold	13
CDOM	75
DOM	75
# Distressed	2
% Distressed	15%
SS	0
REO	2

Thank You for visiting our blog. Feel free to contact either Brian or Jana with real estate questions in the Kitsap area. Visit often for the most up to date information!

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