There were 7 home sales in Kingston, Port Gamble and Hansville for the month of December 2012. This is consistent with the typical seasonal sales we have seen in the past and will likely continue into mid-February.
The average selling price of $356,557 for this month is lower than the $414,546 we saw during November. The Median price also declined from $394,750 in November to $314,900 in December. However, when compared to December of 2011, all of the prices are much higher.
The number of distressed properties sold this month (REO’s & Short Sales) accounted for 43% of home sales. Though there was a large percentage of sales that were distressed properties sold this month, December 2011 was near 63%! While it’s very easy to have skewed data and large fluctuations with such low sales numbers, overall we continue to see improvement in the real estate market and expect it to continue throughout the year.
If you would like to know the current market value of your home and get our ideas for how to maximize the selling price please contact us for more information! We’re very friendly and would love to talk with you.
Thank You for visiting our Blog.
By Briana Wilson
Reviewed by Brian Wilson, Broker
19723 10th Ave NE; Suite 200
Poulsbo, WA 98370