September-November Quarterly 2013 Home Sales in Kingston, Port Gamble & Hansville

Real Estate Sales Kingston, Port Gamble & Hansville November 2013

Kingston, Port Gamble & Hansville reach year high in average selling price.

Wow November!

It appears to have been an outstanding month for Real Estate in the Kingston, Hansville & Port Gamble areas with 18 Homes Sold.   This is a decrease from the 28 homes sold in October, but look at the jump in the average selling price!  This is a high average selling price for the year at $404,788 and resembles November 2012’s high average selling price.   It appears November is a prime month to sell higher priced homes in this area, which means they typically need to be on the market during August & September.

Twenty Eight (28)  Homes were  Sold in October, which was a 65% increase from September, but the Average asking and Selling prices declined from Sept. to Oct.   Though all prices jumped dramatically in November.   The average selling price in Nov 2013 was about 2.4% lower than Nov of 2012, while the Median Selling price was about 30% lower during Nov 2013 compared with Nov of the previous year.

Distressed property sales which include bank REO’s and short sale properties have varied widely from month to month, but overall, they still represent over 20% of the market on average.

There were 50% fewer homes Sold in September as compared with the record month we had in August but the number of monthly home sales in this area have been trending upward and each month for the quarter including Sept., Oct., and Nov., all had much higher numbers of home sales than the same months in the previous year by 31%, 40% and 50% respectively!

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September 2013 October   2013 November 2013
Avg. Original $ $300,862 $280,418 $438,272
Avg. Listing $ $287,950 $266,793 $418,946
Avg. Selling $ $278,664 $262,704 $404,788
Median Selling $ $255,000 $218,750 $275,000
$/sq ft $179 $128 $173
TTL # sold 17 28 18
CDOM 123 79 149
DOM 106 79 113
TTL # Distressed/% 3/18% 8 /29% 5/28%
SS 1 2 4
REO 2 6 1

Table 1

Brian Wilson, Broker: mobile: 360-689-2466


Jana Salmans, Managing Broker; mobile: 360-509-9684

John L. Scott Real Estate
19723 10th Ave NE; Suite 200
Poulsbo, WA 98370


 By Briana Wilson, reviewed by Brian Wilson

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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