Poulsbo and Kitsap Real Estate News

Sat, May 19, 2012

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Kitsap Real Estate Local Markets in October 2011

By Admin

The graph shows median and average prices for residential sales in several communities from 2005 to the present. 2011 data is year-to-date. Other years show the average for the full year. Note that median prices and average prices didn’t necessarily peak at the same time, and that prices in different areas dropped at different rates. The drop from peak differs between median price and average price. The column on the right shows the year-to-year percentage drop in average price for each area. While prices have dropped 15% in Bremerton compared to last year, they have only dropped 1.2% in Poulsbo.

Our October Local Real Estate report for Bremerton, Bainbridge Island, Poulsbo, Silverdale, and North Kitsap has been posted, including graphs and tables for each area.  See the Local Market Report at http://tinyurl.com/3rkg6nx

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