Average & Median Selling Price of Homes hit multi-year high in December 2013
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:
| Avg. Original $ | $525,563 |
| Avg. Listing $ | $499,796 |
| Avg. Selling $ | $484,065 |
| Median Sale $ | $484,500 |
| $/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!
Brian Wilson,Broker; mobile: 360-689-2466
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Jana Salmans, Managing Broker; mobile: 360-509-9684
John L. Scott Real Estate
19723 10th Ave NE; Suite 200
Poulsbo, WA 98370
Data Source: Northwest MLS (NWMLS)
The NWMLS, Brian Wilson or Jana Salmans do not guarantee the accuracy of this data and are not responsible for it’s accuracy. Data from the NWMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
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