Kingston - Port Ludlow - Poulsbo - Silverdale
The Peninsula shows more stability over the three-year period we are analyzing with 48 total sales in first-half 2014, 52 total sales in first-half 2015 and 49 in first half 2016. Throughout the Peninsula, waterfront homes on average measure 2,000+ square feet and are approximately $225 per square foot.
Days on market are down from an average of 181 in 2015, now hovering at an average of 132 days for all areas, though with more variation year-to-year within in each area than in some other regions we have observed. Sales prices are nearly matching list prices, as homes are selling for, on average, 96-97% of the asking price. The areas in the Peninsula are, on average, within the $300-$700K range when it comes to average sales price, offering a very fair value for waterfront and island living.