Industry News JLS in the News Market Update

Kitsap County home prices reach a five-year high

 

Julianne Stanford | Kitsap Sun

Home prices in Kitsap County skyrocketed to a five-year high last month as the available supply of homes on the market continued to dwindle, according to Northwest Multiple Listing Service statistics for the month of March.

“It’s a perpetuating problem,” said Christin Webb, a broker with the John L. Scott office in Silverdale. “Higher home prices are making a lack of inventory, and that lack of inventory is spiking home prices. We’re seeing this sort of really ugly cycle that’s not’s going to end quickly.”

Click here to read the fully story

Related posts

Welcome Erin Varriano to John L. Scott!

jlspr

NAR June 2017 HOME Survey

jlspr

An improved supply is slowing escalating home prices

jlspr