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 $213,874 at the end of June, 39% lower than a year ago and 13% lower 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 ($276,291) of closed sale price is 11% lower than a year ago. The Kitsap County 3 month moving average median price is up about 4% from a year ago. The 3 month moving average of Kingston closed sales was 57% higher than a year ago, while the number of pending sales was 100% higher than a year ago. The 3 month moving average of closed sales is up 19% Countywide from a year ago. The number of active listings in Kingston (60) is 8% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 7.5 months, much faster than the 18.6 month turnover reported last month and the 13 month turnover of a year ago. Kingston is still a buyer's market.
| | Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months) |
| Jun 2012 |
$213,874 |
276,291 |
7 |
12 |
7.5 |
| May 2012 |
$245,000 |
300,333 |
8 |
9 |
18.6 |
| Jun 2011 |
$349,000 |
309,467 |
5 |
6 |
13 |
|
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