{"id":974,"date":"2012-08-06T11:47:16","date_gmt":"2012-08-06T18:47:16","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=974"},"modified":"2013-06-12T14:12:19","modified_gmt":"2013-06-12T21:12:19","slug":"kitsap-county-home-sales-prices-trends-for-july-2012-and-18-prior-months","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2012\/08\/06\/kitsap-county-home-sales-prices-trends-for-july-2012-and-18-prior-months\/","title":{"rendered":"Kitsap County Home Sales, Prices & Trends for July 2012 and 18 prior months"},"content":{"rendered":"
\"Graph<\/a>

Graph of Home Sales, Prices & Trends for Kitsap County Jan 2011 through July 2012<\/p><\/div>\n

{Note:<\/strong> In the event you got to this article from an older link, here is a link to the newest data<\/a> for this category of monthly home sales in Kitsap County}<\/h6>\n

Home sales, prices and trends in Kitsap County for the month of July 2012 was almost a mirror image of the data for the month of June 2012.\u00a0 I had to look twice just to make sure which month I was working on, because in almost every category including number of homes sold, days on market,\u00a0the number of distressed properties sold, the number of REO’s & number of short sales,\u00a0were all nearly identical between the two months.<\/p>\n

The only place where there was a little variation between the months was in the Median selling price which dropped from $245,000 in June, to $241,000 in July.\u00a0 There was also a slight decrease in the average asking price, and a very slight decrease in the average selling price, interestingly however; there was a slight increase in the average price at which an offer was received<\/strong> and there was a compression between the average initial asking price and the price at which an offer was received.<\/strong>\u00a0 This price differential compression is showing up in multiple areas and I think is indicative of an improving real estate market, increased competition among buyers, and a general sense that properties are selling more quickly.<\/em>\u00a0\u00a0 These factors are putting a bit more pressure on buyers to make stronger offers and identify homes of interest more quickly.<\/strong><\/p>\n

To quantify the other good news of a second sequential month of decreased distressed property sales:\u00a0 There were 60 Distressed properties sold County-wide during the month of July 2012 which equates to approximately 21% of the homes Sold.\u00a0 Of the distressed sales, 38 were REO (Bank Owned Foreclosures) and 22 were Short Sales.<\/p>\n

In summary, July 2012 was another terrific month for home sales in Kitsap County and the trends show the real estate market is continuing to improve.<\/p>\n

Thank you for visiting our blog.<\/p>\n

–Brian Wilson<\/a>, Broker\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

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

{Note: In the event you got to this article from an older link, here is a link to the newest data for this category of monthly home sales in Kitsap County} Home sales, prices and trends in Kitsap County for … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"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\/974"}],"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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/comments?post=974"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/974\/revisions"}],"predecessor-version":[{"id":979,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/974\/revisions\/979"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}