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Windermere Real Estate/West Sound, Inc
Karen "KJ" Lange, Realtor:: :: Direct Line 360.649.5413:: :: www.lifeisgoodinkitsap.com
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For Home Sellers to Consider: Spring market
Posted on March 30, 2010
I love numbers.
I love numbers even more when we can make pictures out of them so sellers can see where they fit in the field of homes SELLING.
This was the February Market Update... if you're ready to sell, I can help you take that next step. Let's sell your home together.
From February of 2009 thru January 2010
I love numbers even more when we can make pictures out of them so sellers can see where they fit in the field of homes SELLING.
This was the February Market Update... if you're ready to sell, I can help you take that next step. Let's sell your home together.
From February of 2009 thru January 2010
For Home Sellers to Consider
Prepared Thursday, February 11, 2010
Prepared Thursday, February 11, 2010
What does this mean to you?
If you had put your home on the market last year in Kitsap County, you would have been competing
against 1800 homes thru most of the year. You can see how SOLD properties began trending UP around June and it was pretty steady thru December.
We can attribute to a few things, not the least of which is the First Time Home buyer Credit. We can also attribute it to pent up buyers' demand and lower market prices.
Let's look at how our Inventory changed:
Now there is where we can see a difference, visibly.
Months of Inventory tell us if all we had is what is on the market RIGHT NOW,
And buyers kept buying at the rate they are CURRENTLY BUYING,
Then it would take 10.5 months to use up all the inventory, for instance, according to January�s figure.
You can see it was coasting along 7-8 months thru the summer and then dropped into the 6 month range in December.
This means it is LESS OF A BUYER'S MARKET. So if you have been sitting on the "Oh-Should-I-list-My- House-or-Not-Fence", it might be a good time to jump off!
