{"id":3212,"date":"2014-03-04T14:05:50","date_gmt":"2014-03-04T21:05:50","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=3212"},"modified":"2014-03-04T14:05:50","modified_gmt":"2014-03-04T21:05:50","slug":"kitsap-county-home-sales-trends-january-2014","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2014\/03\/04\/kitsap-county-home-sales-trends-january-2014\/","title":{"rendered":"Kitsap County Home Sales & Trends January 2014"},"content":{"rendered":"
\"Kitsap<\/a>

Kitsap county home sales improve from 2013 with 26% increase in homes sold.<\/p><\/div>\n

In January 2014 we see a marked improvement in number of homes sold and decreased days on the market (DOM) compared to January 2013. However, average and median selling price are nearly identical and we see an increase in distressed properties this year.<\/p>\n

Distressed properties accounted for 32% of homes sold in Kitsap County during January.<\/strong> Most of these homes were bank Owned REO’s.\u00a0 The actual number of distressed properties were within an average range (71) However; with seasonally lower numbers of total\u00a0 homes Sold, they represented a higher percentage of the total sales.\u00a0 The last time\u00a0 distressed properties comprised this percentage of the market in March 2012.\u00a0 We expect the number of monthly distressed homes sold to remain in a consistent range,\u00a0 but as the number of total homes Sold increases during the Spring Market, we expect to see distressed sales to again comprise the low to mid 20%\u00a0 range.<\/p>\n

Many of the areas in the county had low average selling prices and median sale prices, which is reflected in the county’s data for this month.<\/p>\n

Here is additional data for real estate activity in Kitsap County during January 2014:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Average Original $<\/td>\n$276,698<\/td>\n<\/tr>\n
Average Listing $<\/td>\n$264,937<\/td>\n<\/tr>\n
Average Sale $<\/td>\n$256,519<\/td>\n<\/tr>\n
Average Median $<\/td>\n$217,975<\/td>\n<\/tr>\n
# Homes Sold<\/td>\n220<\/td>\n<\/tr>\n
# Distressed<\/td>\n71<\/td>\n<\/tr>\n
% Distressed<\/td>\n32%<\/td>\n<\/tr>\n
# Short Sale<\/td>\n19<\/td>\n<\/tr>\n
# REO<\/td>\n52<\/td>\n<\/tr>\n
CDOM<\/td>\n103<\/td>\n<\/tr>\n
DOM<\/td>\n80<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

As a whole, Kitsap County real estate has been booming! We saw some of the largest amount of home sales this past summer seeing and can only be expecting more good things to come. Feel free to contact us about buying or selling a home as we move out of the winter season into the busy season!<\/p>\n

Brian Wilson, Broker<\/a>; 360-689-2466<\/p>\n

-and-<\/p>\n

Jana Salmans, Managing Broker<\/a>; 360-509-9684<\/p>\n

John L. Scott Real Estate<\/strong>
\n19723 10th Ave NE; Suite 200<\/strong>
\nPoulsbo, WA 98370<\/strong><\/p>\n

\"jls_logo_trans_200x60\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

Data Source: Northwest MLS (NWMLS)<\/span>
\nThe NWMLS, Brian Wilson or Jana Salmans do not guarantee the accuracy of this data and are not responsible for it\u2019s accuracy. Data from the NWMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In January 2014 we see a marked improvement in number of homes sold and decreased days on the market (DOM) compared to January 2013. However, average and median selling price are nearly identical and we see an increase in distressed … 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":[6],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/3212"}],"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=3212"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/3212\/revisions"}],"predecessor-version":[{"id":3232,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/3212\/revisions\/3232"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=3212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=3212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=3212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}