North Kitsap Real Estate Market Trends Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $217,330 at the end of April, 60% lower than a year ago. Wow! You can see the volatility of this market, which has fewer sales and much larger price swings than more southerly parts of the County. The more stable 3 month moving average of closed sale prices is down 6% compared to a year ago.  The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of Kingston closed sales rose 133% from a year ago, while the number of pending sales is up 114% from a... 05/18/2010

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $288,750 at the end of March, 13% lower than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is down 6% compared to a year ago.  The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of Kingston closed sales rose 25% from a year ago, while the number of pending sales is up 120% from a year ago. Recall again that our current pending sales include pending short sales that... 04/14/2010

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $297,000 at the end of February, 22% lower than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is up 18% compared to a year ago.  The Kitsap County 3 month moving average median price is about 4% higher than it was a year ago.  The 3 month moving average number of Kingston closed sales rose 75% from a year ago, while the number of pending sales is unchanged from a year ago. Recall again that sales at the end of last year were very few and far betwe... 03/16/2010

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $299,000 at the end of January, 36% higher than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is up 41% compared to a year ago.  The Kitsap County 3 month moving average median price is about 2% lower than it was a year ago.  The 3 month moving average number of Kingston closed sales rose 167% from a year ago, while the number of pending sales is unchanged from a year ago. Recall again that sales at the end of last year were very few and far betwe... 02/12/2010

Closed Transactions: Feb 1-7, 2010 Three total transactions in the entire area, half the number for the same period last year. No closings in Silverdale or Bainbridge. The quick sales in Poulsbo and Kingston along with the high sale-to-list percentage suggest that Silverdale and Bainbridge Island sellers are still pricing their homes above the market.  If you are interested in the details of the home that sold in your neighborhood, email me. 02/08/2010

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $299,000 at the end of December, 94% higher than a year ago - December 2008 was a terrible month for Kingston home sales. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is up 13% compared to a year ago.  The Kitsap County 3 month moving average median price is just about the same as it was a year ago.  The 3 month moving average number of Kingston closed sales rose 175% from a year ago, while the number of pending sales is 100% higher than a year ago. Recall a... 01/11/2010

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $275,000 at the end of November, 12% higher than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is down 15% compared to a year ago.   The Kitsap County 3 month moving average median price has fallen 4% over the past year.  The 3 month moving average number of Kingston closed sales rose 50% from a year ago, while the number of pending sales is 140% higher than a year ago. Recall our current pending sales include pending short sales that may not clos... 12/16/2009

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $292,000 at the end of October, 21% lower than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is down 34% compared to a year ago.  We are getting more sales in the higher price ranges as some sellers reduce their asking price. The Kitsap County 3 month moving average median price has fallen 6% over the past year.  The 3 month moving average number of Kingston closed sales rose 29% from a year ago, while the number of pending sales is 100% higher th... 11/10/2009

Statistics here are for Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. Kingston homes were selling for a month end median price of about $309,500 at the end of September, 26% lower than a year ago. The low sales volume can produce large fluctuations when one or two high priced homes sell.  The more stable 3 month moving average of closed sale prices is down 22% compared to a year ago.  The Kitsap County 3 month moving average median price has fallen 8% over the past year.  The 3 month moving average number of Kingston closed sales fell 14% from a year ago, while the number of pending sales is 50% higher than a year ago. Recall our current pending sales include pending short sales that may not close.... 10/16/2009

06/06/2009

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a March median price of about $332,500, 17% less than a year ago, while the 3 month moving average of median closed sale price has fallen 19% compared to a year ago. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County’s 3 month moving average median price has fallen 15% over the past year. The 3 month moving average number of closed sales in Kingston is the same as a year ago, and the number of March pending sales is down 43%. The 3 month moving average for number of Kingston closed sales is down 20% from a year ago. The number of closed sales is down 21% Countywide from a year ago. The number of active listings in Kin... 04/09/2009

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a February median price of about $383,000, up about 8% from a year ago, while the 3 month moving average of median closed sale price has fallen 44% compared to a year ago. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County 3 month moving average median price has fallen 16% over the past year. The 3 month moving average number of closed sales in Kingston is the same as a year ago, and the number of February pending sales is also unchanged. The number of closed sales is down 28% Countywide from a year ago. The number of active listings in Kingston (65) is down 23% from a year ago. The inventory turnover (total homes on ... 03/13/2009

Statistics here are for residential properties in Kingston, the largest housing market in North Kitsap. Activity in Kingston should be representative of the other areas in North Kitsap. The low sales volume results in large fluctations from month to month. 02/12/2009

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $362,500 at the end of December, up about 1.5% from a year ago. However, the December median for Kingston was only $154,500, reflecting how homes in the lower price ranges are moving better than higher priced homes. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 9% over the past year. The YTD number of closed sales in Kingston is down 29% from a year ago, and the YTD number of pending sales is down 32%. The number of closed sales is down 25% Countywide from a year ago. The number of active listings in Kingston (78) is down 4% from a year ago. The inventory tu... 01/19/2009

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $370,000 at the end of November, up about 6% from a year ago. However, the November median for Kingston was only $245,000, reflecting how homes in the lower price ranges are moving better than higher priced homes. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 9% over the past year. The YTD number of closed sales in Kingston is down 28% from a year ago, and the YTD number of pending sales is down 33%. The number of closed sales is down 24% Countywide from a year ago. The number of active listings in Kingston (92) is down 2% from a year ago. The inventory turn... 12/13/2008

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $372,500 at the end of October, up about 2% from a year ago and the same as last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 9.5% over the past year. The YTD number of closed sales is down 26% from a year ago, and the YTD number of pending sales is down 32%. The number of closed sales is down 24% Countywide from a year ago. The number of active listings in Kingston (94) is down 2% from a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 24 months. Kingston is a buyer's market. 11/11/2008

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $372,500 at the end of September, up about 6% from a year ago and up about 3% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 8.8% over the past year.  The YTD number of closed sales is down 28% from a year ago, and the YTD number of pending sales is down 31%.  However, September pending sales were 13% higher than a year ago. The number of closed sales is down 26% Countywide from a year ago. The number of active listings in Kingston (96) is down 9% from a year ago. The inventory turnover (total homes on the market divided by number sold last m... 10/14/2008

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a YTD median price of about $362,500 at the end of August, up about 4% from a year ago and up about 4% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 8.5% over the past year.  The YTD number of closed sales is down 33% from a year ago, and the YTD number of pending sales is down 35%. The number of closed sales is down 27% Countywide from a year ago. The number of active listings in Kingston (103) is down 4% from a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 14.7 months, a significant slow down since last month. King... 09/15/2008

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $337,500 at the end of June, down about 5.6% from a year ago and down about 1% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 12% over the past year. The YTD number of closed sales is down 40% from a year ago, and the YTD number of pending sales is down 43%. The number of closed sales is down 28% Countywide from a year ago. The number of active listings in Kingston (111) is up 25% from a year ago and up 7% since last month. The inventory turnover (total homes on the market divided by number sold last month) is 18.5 months. Kingston is a buyer's m... 07/12/2008

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $340,000 at the end of May, down about 11% from a year ago and down about 18% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County YTD median price has fallen 6.6% over the past year. The YTD number of closed sales is down 44% from a year ago, and the YTD number of pending sales is down 43%. The number of closed sales is down 26% Countywide from a year ago. The number of active listings in Kingston (104) is up 25% from a year ago and up 5% since last month. The inventory turnover (total homes on the market divided by number sold last month) is 17 months. Kingston is a buyer's mar... 06/14/2008