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 turnover (total homes on the market divided by number sold last month) is 31 months. Kingston is a buyer's market.
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