Kitsap Waterfront Update - July 2011
By Admin
Prowse and Company’s July Waterfront Update is out - see the graphs and download the latest newsletter and stats, as well as our current waterfront listings. Closed waterfront sales rose 81% in June compared to May and were up 18% from a year ago. Until last month, the total number of waterfront sales has been fairly level (10 plus or minus 1) for the past 6 months. June’s listing inventory lags last year by18% but rose 6% compared to May. Pending sales in June were the same as May. The inventory turnover rate is about 10 months, considerably faster than the 17 months in May but still definitely a buyer’s market.
See more at http://bprowse.com/kitsap_waterfront
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