The graphs reached through the link below show the average market time, average list price and average selling price for homes over the past several years for North Kitsap County (NK), Southeast Jefferson County (SEJ) and Bainbridge Island (BI).
At the time these graphs were created, the average sales price as a percentage of the average list price for active listings in NK decreased to 65 percent. This same statistic declined slightly to 72 percent for SEJ and remained at 86 percent for BI. For just those properties that sold, the average selling price as a percentage of the asking price at the time that property was sold is usually over 95 percent. In our current market, it is becoming more common for the selling price to exceed the asking price.
The average home selling prices in NK turned upward after a seasonal downward adjustment. They turned down slightly in SEJ and turned upward in BI.
To view the graphs, click on the link below.http://bigwaterproperties.com/index.cfm?fuseaction=page&page=14270