According to the June, 2010 Kitsap Market Statistical Summary there were 1,297 closed sales of existing homes for the year ending 6/30/2010. In a separate study I discovered that a total of 708 of those closings were classified as bank owned properties or required third party approval (aka short sales). Let’s do the arithmetic. That is 708 divided by 1,297 or 55% of all sales were closed by these highly motivated sellers.
Entries from July 2010
Foreclosures and Short Sales In Kitsap Set the Price for Everyone Else
July 23rd, 2010 · No Comments
Tags: Foreclosures In Kitsap News · Port Orchard Real Estate
Kitsap Real Estate Statistics Summary For June 2010
July 18th, 2010 · 1 Comment
These are truly unusual times for buyers. How much longer will this perfect storm of conditions last?
Tags: kitsap county real estate statistics and market trends
