Mixed results shown in June housing sales

North End results for June.

Housing sales had mixed results in Kitsap County during June, according to recent statistics provided by the Northwest Multiple Listing Service.

For total residential and condominium sales, slightly more closings took place this June over last year’s results, but the median price was 8.17 percent lower. Total closed sales in Kitsap were 259 this year versus 242 last year. The median price for a home sold in June this year was $247,900; last year’s median price for the same period was $269,500 throughout the county.

Median sale prices for the North End communities reflected a more disparate picture. The median sale price in Kingston for June dropped from $329,750 in 2008 to $279,000 this year based on the sale of six homes in 2008 versus seven this year. For Hansville, the median price dropped from $404,450 in 2008 to $251,920 this year based on sale of four homes in each year.

Median sale price went up in Port Gamble, however, from $309,068 last year to $330,582 this year based on sales of two homes in 2008 versus three this year, and in Indianola, from $225,000 to $274,000 with five homes sold in 2008 versus two this year.

More representative, though discouraging, are the year-to-date figures for North End communities. Kingston’s median sale price fell from $322,000 year-to-date 2008 to $315,000 year-to-date this year based on sales of 34 homes in 2008 versus 24 homes in 2009. Hansville’s year-to-date median price went from $319,900 through June 2008 to $309,950 through June 2009 based on sales of 15 homes in 2008 and 14 homes so far this year.

Port Gamble’s year-to-date median price went from $323,610 through June 2008 to $282,405 through June 2009 based on sales of 16 homes in 2008 and 15 homes so far this year. Indianola’s median price declined only slightly, from a year-to-date average of $380,002 in 2008 to $365,398 this year based on sales of 17 versus 12 homes in the respective years.

One bright spot was a 55.6 percent increase in the number of pending sales this June compare to June 2008. This was much higher than the 19.52 percent jump throughout the NWMLS’s 19-county market area that include King, Pierce, Snohomish and other western Washington counties, but does not include eastern Washington counties such as Spokane.