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Windermere Real Estate/West Sound, Inc.
Wayne Paulson | Poulsbo: 360-598-5291 | Port Ludlow: 360-437-9508 | Bainbridge Island: 206-780-1500 | wpaulson@windermere.com

Q1 2017 Gardner Report

Posted on May 5, 2017

The Q1 2017 edition of the Gardner Report is available. The link below will take you to a blog post written by Windermereís chief economist, Matthew Gardner. It includes detailed statistics and analysis regarding the Puget Sound real estate market, broken down by county.

 

https://www.windermere.com/blogs/windermere/categories/western-washington-real-estate-market-update/posts/western-washington-real-estate-market-update--10

Shoreline Protection Measures

Posted on May 5, 2017

Waterfront properties universally experience some level of erosion where the land meets the water. If the shore is earth rather than solid rock, as is usually the case in the Puget Sound region, the erosion can be more pronounced. The Puget Sound region has conditions that differ from other regions, requiring local knowledge to develop appropriate measures for protecting shorelines. The State of Washington has produced a comprehensive document called Marine Shoreline Design Guidelines to give the needed insight for those projects. To download or review the 400+ page document, click on the link below.

 

http://wdfw.wa.gov/publications/01583/

Who Knew?

Posted on May 5, 2017
I find it fascinating that interesting tidbits of information show up in the most unexpected places. Last week I attended a real estate continuing education class called With a Water View: Shore Friendly Beach and Bluff Properties. It provided an abundance of useful information about low impact ways of protecting both the uplands and the beach of waterfront properties. One of the topics was how plants on the face of the bank and along edge at the top help to stabilize the banks. Good to know. But we also learned that plantings along the top edge of a bank help discourage Canada Geese from landing on your lawn and making a mess of it. Apparently, they like to have a clear approach for a landing. I didnít expect to learn that in a real estate class!

April 17 West Sound Real Estate Graphs

Posted on April 3, 2017

Graphs

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 dropped to 64 percent. This same statistic held steady at 77 percent for SEJ and decreased to 74 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. 

The average home selling prices in all areas are holding steady after a seasonal decline. It is reasonable to expect that they will begin at least a moderate climb in the coming weeks.

 

To view the graphs, click on the link below.

http://bigwaterproperties.com/index.cfm?fuseaction=page&page=14270

April 17 West Sound Real Estate Data

Posted on April 3, 2017

Statistics

The percentages of change can give a good indication of the direction the market is moving, but donít put too much emphasis on the actual numbers and specific percentages of change since most are comparing snapshots in time that will vary week to week.


Bainbridge Island

 

26-Mar-17

Change From Same Week One Year Ago

Total Active Listings

76

52.0%

Average List Price

$1,212

-21.1%

Average Market Days (Sold)

56

21.7%

Average Market Days (Active)

100

-18.7%

Number of Pending New Sales

5

0.0%

Average Sales Price (Closed)

$896

12.0%

 

 

 


North Kitsap

 

26-Mar-17

Change From Same Week One Year Ago

Total Active Listings

111

-19.6%

Average List Price

$561

11.3%

Average Market Days (Sold)

52

-20.0%

Average Market Days (Active)

89

2.3%

Number of Pending New Sales

22

69.2%

Average Sales Price (Closed)

$361

6.5%

 

 

 



South East Jefferson


             

26-Mar-17


Change From Same Week One Year Ago

Total Active Listings

175

-15.5%

Average List Price

$463

-1.5%

Average Market Days (Sold)

103

-17.6%

Average Market Days (Active)

164

-28.7%

Number of Pending New Sales

15

87.5%

Average Sales Price (Closed)

$355

11.3%

Save the Port Gamble Forest

Posted on April 1, 2017

The West Sound community has been working for several years to save the 3,536-acre Port Gamble Forest from development into 20 acre residential parcels and keep it available for public recreational use. The current owner has allowed open public use of the Forestís 65 miles of trails, where more than 20,000 hikers, birders, mountain bikers, equestrians, cyclists and runners recreate each year. But development would bring those uses to an end.

 

Recent successes in the protection effort include acquisition of a 535-acre shoreline block in 2014 for $4.6 million, and the acquisition of a 1356-acre block of forestland in late 2016 for $2.3 million. Most of these funds have come from pubic sources.

 

But the effort isnít over. The last phase of the effort is the purchase of a block of 1645 acres of forest for $3.5 million. The primary public sources of funds have been exhausted, so this last phase must rely mostly on private donations. To date, $1.9 million has been committed, leaving $1.6 to be raised by the July 2017 deadline.

 

To learn more or to join Windermere in helping bring this dream to reality, click on the link below:

 

www.SavePG.org

More Blog Entries
FREE Document Shredding & Electronics Recycling - Posted on March 27, 2017
Q4 2016 Gardner Report - Posted on March 27, 2017
Hood Canal Coordinating Council - Posted on March 27, 2017
Fast Ferry to Seattle - Posted on March 27, 2017
A Strong Real Estate Market - Posted on March 27, 2017
Waterfront Stewardship - Posted on March 27, 2017
March 17 West Sound Real Estate Graphs - Posted on March 4, 2017
March 17 West Sound Real Estate Data - Posted on March 4, 2017
February 17 West Sound Real Estate Graphs - Posted on February 10, 2017
February 17 West Sound Real Estate Data - Posted on February 10, 2017
January 17 West Sound Real Estate Graphs - Posted on January 7, 2017
January 17 West Sound Real Estate Data - Posted on January 7, 2017
December 16 West Sound Real Estate Graphs - Posted on December 3, 2016
December 16 West Sound Real Estate Data - Posted on December 3, 2016
Q3 2016 Gardner Report - Posted on November 28, 2016
Owning Haunted Real Estate - Posted on November 28, 2016
The Trump effect. How will it impact the US economy and housing? - Posted on November 28, 2016
Real Estate Safety - Posted on November 28, 2016
Real Estate Prices Across the Nation - Posted on November 28, 2016
November 16 West Sound Real Estate Data - Posted on November 15, 2016
 
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