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Kingston, WA Real Estate News

By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $247,500 at the end of March, 14% lower than a year ago and 28% higher than last month. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can make a big change in the statistics but may not mean much of change in the market. The more stable 3 month moving average ($233,333) of closed sale price is 24% lower than a year ago.  We have low inventory and few sales. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average of Kingston closed...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Kingston: Closed Transactions in March Please note: we are comparing closings during this year's March and last year's March. 25% fewer homes closed in March this year. Transactions closed 13 days longer.  The average selling price dropped eight percent.    Sellers accepted 19% less than they originally asked. There are 62 homes on the market, with the highest listing price $1.2M.  Average listing  price is $412,5677) , with half the 62 homes under median price of $382,450. If you would like details of the home that closed in your neighborhood, call or email me.      
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $194,000 at the end of February, 35% lower than a year ago and 15% lower than last month. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can make a big change in the statistics but may not mean much of change in the market. The more stable 3 month moving average ($215,217) of closed sale price is 27% lower than a year ago.  We have low inventory and few sales. The Kitsap County 3 month moving average median price is about 1% higher than it was a year ago. The 3 month moving average of Kingston c...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 Kingston Closed Transactions Month of February   Please note: we are comparing closings during this year's February and last year's February.   February this year saw 40% fewer closings in Kingston.   Transactions closed very quickly--in just over a month.  The average selling price was down by 22%.   Sellers accepted 5% less than they originally asked. The low time on market indicates that the 3 homes that sold this quickly were priced for the market.   There are 38 Kingston homes in inventory at all price ranges ($137,700 - $1,200,000).  Average asking price is $442,220, with half of the 38 homes under $435,000.   If you would like details of the home that closed in your neighborhood, call or email me.      
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Annual Transaction Report for 2010 Here are last year's statistics for Kingston 2010 saw an increase of sixteen percent in closed transactions compared to the previous year.  The average sale price fell thirteen percent.  Market time decreased by three months.   Kingston is moving towards a seller's market.  As of this date (February 21), there are 39 single family homes in inventory.  Average list price is $429,313, but there are homes in every price bracket. Half the homes on the market are below the median list price of $409,119.   If you'd like the selling details of the home that closed in your neighborhood, just ask.            
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
   Closed Transactions Month of January  Please note: we are comparing closings during this year's January and last year's January.   No change in the number of transactions. Transactions closed faster.  The average selling price was eight percent below last January's average.      Sellers accepted 7% less than they originally asked.    Inventory in Kingston is steady.  It is still a buyer's market.   If you would like details of the home that closed in your neighborhood, call or email me.                
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Fourth Quarter 2010   The fourth quarter of 2010 closed only nearly 40% fewer transactions than in 2009, but the average closing time was less than half as long.   The average sales price decreased by 26%.  On the average, sellers accepted 11% less than their original asking price.   If you are a buyer, now is the time. If you are a seller, be patient.   As of this date (February 1), there are 38 single family residences on the market, ranging in list price from $60,000 to $1.2 million. The average list price is $427,462.  If the $1+ million listing is not taken into account (it's clearly an exceptional property), the average list price is $406,500.   If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.    ...
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By Brenda Prowse
(Prowse and Company)
North Kitsap Real Estate Market Trends Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $223,150 at the end of December, 25% lower than a year ago. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can skew the market. The more stable 3 month moving average ($242,683) of closed sale price is 16% lower than a year ago.  The Kitsap County 3 month moving average median price is 3% lower than it was a year ago. The 3 month moving average of Kingston closed sales fell 50% from a year ago, while the number of pending sales fell 38% from a year ago. The 3 month moving...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 Closed Transactions Month of  December   Please note: we are comparing closings during this year's December and last year's December.   There were 42% fewer closings this December compared to December of last year.   Transactions closed much faster.  The average selling price dropped 30%. (Buyers note!)   Sellers accepted 16% less than they originally asked.    Inventory in Kingston  is still good.  It's still a buyer's market.   If you would like details of the home that closed in your neighborhood, call or email me.            
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $215,000 at the end of November, 22% lower than a year ago. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can skew the market. The more stable 3 month moving average ($289,133) of closed sale price is 1% lower than a year ago.  The Kitsap County 3 month moving average median price is 3% lower than it was a year ago. The 3 month moving average of Kingston closed sales fell 22% from a year ago, while the number of pending sales fell 42% from a year ago. The 3 month moving average of closed sales is down 26% Cou...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 Kingston Closed Transactions Month of November   Very little action in Kingston last month.   Transactions closed much faster.  The average selling price was down by only twelve percent, much better than the nation as a whole--but remember all real estate is local.    Sellers priced their homes much more realistically as evidenced by the fact that they are conceding only seven percent of their original listing prices. Inventory in Kingston is still good.  It's still a buyer's market. If you would like details of the home that closed in your neighborhood, call or email me.                                                                    
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $289,900 at the end of October, 1% lower than a year ago. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can skew the market. The more stable 3 month moving average ($320,800) of closed sale price (which unfortunately was skewed by a high median price last month) is up 14% compared to a year ago. The Kitsap County 3 month moving average median price is 1% higher than it was a year ago. The 3 month moving average of Kingston closed sales fell 4% from a year ago, while the number of pending sales fell 43% from a...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 Closed Transactions Month of October   Forty-two  percent fewer closings this October than last year.   Transactions closed over five months faster but the average selling price is down by thirty percent.    Inventory in Kingston is strong: 46 homes to choose from.  It's still a buyer's market   If you would like details of the home that closed in your neighborhood, call or email me.  
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $362,500 at the end of September, 17% higher than a year ago. Because of the relatively lower sales volume in Kingston, a couple high priced sales (or lack thereof) can skew the market. The more stable 3 month moving average ($293,742) of closed sale prices is down 12% compared to a year ago. The Kitsap County 3 month moving average median price is 26% higher than it was a year ago. The 3 month moving average of Kingston closed sales rose 15% from a year ago, while the number of pending sales is unchanged from a year ago. The 3 month moving average of closed sales ...
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $310,000 at the end of August, 28% higher than a year ago (after being 54% lower last month - median prices hop around in North Kitsap because of the relatively fewer number of sales. A couple high priced sales (or lack thereof) can skew the market. The more stable 3 month moving average ($252,575) of closed sale prices is down 22% compared to a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago. The 3 month moving average of Kingston closed sales rose 15% from a year ago, while the number of pending sales is unchang...
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $208,725 at the end of July, 54% lower than a year ago. The more stable 3 month moving average ($253,480) of closed sale prices is down 28% compared to a year ago. The Kitsap County 3 month moving average median price is 1% higher than it was a year ago. The 3 month moving average of Kingston closed sales rose 39% from a year ago, while the number of pending sales is unchanged from a year ago. The 3 month moving average of closed sales is down 3% Countywide from a year ago. The number of active listings in Kingston (73) is up 7% from a year ago and down 16% from la...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
No kidding this time (pay attention, yo). If this comes through, look for a lot of activity in the Kingston market by this time next year!   Closed Transactions August 1-7   Bainbridge and Kingston were the only markets making any progress over last year at this time, and that hardly worth noting on Bainbridge. Kingston picked up dramatically.  No closings in Silverdale.  Poulsbo not much better. If you'd like the selling details of the home that closed in your neighborhood,  just ask.                                  
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $239,000 at the end of June, 14% lower than a year ago. The more stable 3 month moving average ($256,348) of closed sale prices is down 33% compared to a year ago. The Kitsap County 3 month moving average median price is 2% lower than it was a year ago. The 3 month moving average number of Kingston closed sales rose 250% from a year ago, while the number of pending sales is up 33% from a year ago. Recall again that our current pending sales include pending short sales that may not close. The 3 month moving average of closed sales is up 17% Countywide from a year ag...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Closed Transactions June 15-21 Closings this week were ahead of last year's at this time.  In all four areas the average selling price was lower, especially in Bainbridge Island.    The lower prices and the higher percent of selling to list price resulted in a much quicker closing time. Sellers are pricing their homes more appropriately to the market (still a strong buyer's market in all four areas), the the market is clearly responding. If you'd like the selling details of the home that closed in your neighborhood, just ask.                              
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By Brenda Prowse
(Prowse and Company)
Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $312,715 at the end of May, 4% lower than a year ago. The more stable 3 month moving average of closed sale prices is down 32% compared to a year ago - this has been affected by the very low median price of last month.  The Kitsap County 3 month moving average median price is 3% higher than it was a year ago. The 3 month moving average number of Kingston closed sales rose 350% from a year ago, while the number of pending sales is up 75% from a year ago. Recall again that our current pending sales include pending short sales that may not close. The 3 month moving av...
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