| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| Sept 2011 |
$267,500 |
222,467 |
4 |
7 |
13 |
August 2011 |
$129,900 |
249,633 |
4 |
5 |
27.3 |
Sept 2010 |
$362,500 |
293,742 |
8 |
10 |
4.8 |
|
North Kitsap Real Estate Market - September 2011
Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $267,500 at the end of September, 26% lower than a year ago and 106% higher than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($222,467) of closed sale price is 24% lower than a year ago. The Kitsap County 3 month moving average median price is about 9% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 46% lower than a year ago, while the number of pending sales fell 30% from a year ago. The 3 month moving average of closed sales is up 11% Countywide from a year ago. The number of active listings in Kingston (65) is 35% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 13 months, faster than the 27.3 month turnover reported last month but slower than the 4.8 month turnover of a year ago. Kingston is still a buyer's market.
Kingston Real Estate - September 2011
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