Home sales in Indianola and Suquamish showed modest gains during March with 6 homes sold, as compared to February with only 4. During March the average home price was $263.100 which was and increased of 12.62% compared with the February price of $233,625. The median selling price of $265,000 during March was also higher by 3.72% compared with the February data.
Looking ahead to April, it appears that sales will be higher as there are currently 22″Pending Sales” and 2 closed sales month to date as of 4/20
This area continues to have large monthly variations in the number, type, and price ranges of homes that are sold, so it is very difficult to make any meaningful projections about prices or sales in this combined market area. What we can assume and predict moving forward is that overall, home sales and prices here will be affected by the positive County-wide data and the positive activity in neighboring communities.
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John L. Scott Real Estate
19723 10th Ave NE; Suite 200
Poulsbo, WA 98370