{"id":1409,"date":"2013-01-14T13:23:25","date_gmt":"2013-01-14T20:23:25","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=1409"},"modified":"2013-01-14T16:21:07","modified_gmt":"2013-01-14T23:21:07","slug":"december-2012-home-sales-prices-trends-for-indianola-suquamish","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2013\/01\/14\/december-2012-home-sales-prices-trends-for-indianola-suquamish\/","title":{"rendered":"December 2012 Home Sales, Prices & Trends for Indianola & Suquamish"},"content":{"rendered":"
\"Graph<\/a>

Graph of Sales, Prices & Trends for Indianola & Suquamish December 2012<\/p><\/div>\n

The slower Winter Real Estate season continues in these areas as the number of homes sold dropped from 6 to 5 in the areas of Indianola & Suquamish. Yet, there was\u00a0 a significant increase in the average selling price<\/strong> compared to both the previous month and the same period last year.<\/p>\n

Currently there are 36 homes listed in the NWMLS in these areas, so with only 5 homes Sold in December, this would equate to about a 7 month supply which statistically is a slow market.\u00a0 However; a closer look at the data reveals some interesting facts.\u00a0 Half of the homes currently available for sale are priced above $300,000.\u00a0 With nearly 70% of the homes Sold in Kitsap being priced below $300,000., This means that for the active portion of the market, there really is only about a 3 month inventory, which is a strong seller biased market.<\/p>\n

In summary, this area is currently a tale of three markets, the High End above $500,000 which is currently slow, the lowest end which is also slow and the properties priced just right which are moving quickly.<\/p>\n

The average selling price of homes sold in Indianola & Suquamish during the month of December was $289,390, with a median selling price of $179,950.<\/strong>\u00a0 Compared with the previous month (November 2012 ) The Average was up by about $100,000 while the Median was lower by about $60,000! <\/strong>\u00a0 With such a few number of homes sold comprising the data, one high priced home sale greatly affects these data.<\/p>\n

The interesting thing about this area is that there are price points and properties to attract just about any Buyer.\u00a0 This is good for sellers, as the area attracts a diversity of buyers.<\/p>\n

40% of home sales this month (2 homes) were distressed properties, specifically REO\u2019s. This is expected during the slow months, as banks continue to introduce these homes onto the market at a regular frequency and a relatively consistent quantity month over month.\u00a0 In months where there are fewer total sales, these distressed properties comprise a larger percentage of total sales, so in these months, these types of sales have a larger impact on the prices and the market.<\/p>\n

Thank You for visiting our Blog. Subscribe to our RSS feed for up-to-date information as we publish it!<\/p>\n

By Briana Wilson<\/p>\n

Reviewed by Brian Wilson<\/a>, Broker<\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

19723 10th Ave NE; Suite 200
\nPoulsbo, WA 98370<\/p>\n","protected":false},"excerpt":{"rendered":"

The slower Winter Real Estate season continues in these areas as the number of homes sold dropped from 6 to 5 in the areas of Indianola & Suquamish. Yet, there was\u00a0 a significant increase in the average selling price compared … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[291],"tags":[303,28,300,301,257],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/1409"}],"collection":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/comments?post=1409"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/1409\/revisions"}],"predecessor-version":[{"id":1453,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/1409\/revisions\/1453"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=1409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=1409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=1409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}