Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $355,000 at the end of February, down about 3% from a year ago and down about 9.6% from last month. Kingston prices fluctuate more than some of the other markets because of the lower listing and sales volume. Kitsap County median prices have fallen 6% 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 38%. The number of closed sales is down 19% Countywide from a year ago. The number of active listings in Kingston (84) is up 33% from a year ago and up 11 percent since last month. The inventory turnover (total homes on the market divided by number sold last month) is 28 months - only 3 sales closed in Kingston last month.
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