April 2012 Real Estate market report for Hansville, Kingston & Port Gamble:
As with all of the other areas around Kitsap County and as you can see in the graph, April was a good month for Real Estate Sales in Hansville, Kingston and Port Gamble and the trend is continuing. There are currently 32 home that are “Pending Sale” in these areas and many of them will close during the month of May. Strong buyer activity in the market is continuing and well positioned properties are being snatched up quickly.
We are definitely seeing some scarcity develop in the lower price points and even with some of the stunning opportunities in waterfront and view properties. As evidenced from the extending CDOM data, we are seeing some of the properties that have been on the market for an extended period of time, finally getting under contract, as the choices buyers have are becoming somewhat limited. I’m sure this is not a linear proposition, and I expect we will periodically see influxes of new listings, including some of the shadow inventory of distressed properties; none-the-less there is a lot of activity, and more motivated Buyers than we’ve seen for some time. If you are looking for or wanting a special property, I recommend you contact your broker with your wish list and get prepared to act quickly when the right property hits the market. I am definitley seeing increased competition among buyers and great properties are receiving multiple offers.
If you don’t have a favorite broker, we would love the opportunity to assist you. Just contact us at your convenience…we’re frendly and would love to talk with you.
-Brian Wilson, Broker
John L. Scott Real Estate
19723 10th Ave NE; suite 200
Poulsbo, WA 98370