Kitsap This Week: Activity Surges Again (And Buyers Moved FAST)
Another week of numbers in Kitsap County and this one?
Big jump in activity — especially in pendings and homes sold.
If the last two weeks felt like a “balancing” market, this week leaned back toward momentum.
📊 This Week’s Kitsap Real Estate Stats
70 new listings
5 back on market
44 price reductions
15 price increases
70 homes accepted an offer (pending)
70 homes sold
33 homes cleared inspection contingencies
48 homes pending or through inspection in 10 days or less
1 contingent offer
2 expired listings
3 canceled listings
And yes — several homes went straight to pending again.
Pre-inspections? Strong offers? Strategic pricing? Likely a mix.
📈 3-Week Market Comparison
New Listings
Two Weeks Ago: 51
Last Week: 65
This Week: 70
→ Inventory has steadily increased for three weeks in a row.
Back on Market
Two Weeks Ago: 13
Last Week: 9
This Week: 5
→ Fewer deals falling apart week over week (very healthy sign).
Price Reductions
Two Weeks Ago: 42
Last Week: 40
This Week: 44
→ Sellers are still adjusting to meet the market.
Price Increases
Two Weeks Ago: 7
Last Week: 9
This Week: 15
→ Noticeable jump in seller confidence.
Homes Accepted an Offer (Pending)
Two Weeks Ago: 63
Last Week: 50
This Week: 70
→ Major rebound in buyer activity.
Homes Sold
Two Weeks Ago: 53
Last Week: 45
This Week: 70
→ Closings surged alongside pendings.
Homes Cleared Inspection Contingencies
Two Weeks Ago: 49
Last Week: 42
This Week: 33
→ Slight dip, likely due to more homes going straight pending.
Homes Off Market in 10 Days or Less
Two Weeks Ago: 35
Last Week: 31
This Week: 48
→ HUGE jump in speed of sales.
Expired Listings
Two Weeks Ago: 6
Last Week: 0
This Week: 2
→ Still extremely low overall.
Canceled Listings
Two Weeks Ago: 6
Last Week: 10
This Week: 3
→ Fewer sellers pulling listings this week.
🔍 What Changed From Last Week (And What It Means)
🚀 Pending activity exploded
Last week: 50 pendings
This week: 70 pendings
That is a significant shift. Buyers did NOT disappear - they just got more selective for a week while inventory rose. Now they’re jumping again when the right homes hit.
⏱ Homes moved MUCH faster
31 homes ≤10 days last week → 48 this week
That tells us:
Well-priced homes are getting immediate attention
Serious buyers are acting quickly
The “right” listings are not sitting
Very important narrative for sellers.
🏠 Inventory is still rising (but absorption is keeping up)
Listings increased again (65 → 70), BUT pendings and sold numbers rose even faster.
This is not oversupply.
This is an active absorption market.
💰 More price increases than we’ve seen in weeks
15 price increases is the highest in this 3-week stretch.
That usually means:
Sellers testing pricing confidence
Competitive micro-markets (especially in Bremerton/Silverdale price bands)
🧠 The Ongoing 3-Week Market Story in Kitsap
Here’s the bigger trend you’re seeing unfold:
Week 1: Strong activity, steady pricing adjustments
Week 2: Inventory jump + slight cooling in pendings
Week 3 (This Week): Activity surge + faster sales + strong buyer movement
That is NOT a declining market pattern.
That is a responsive, strategic, very active Kitsap market.
🏡 What This Means for Sellers in Bremerton, Silverdale & Kitsap County
You are entering a competitive window:
More listings each week
Buyers moving fast on the best homes
Pricing and presentation matter more than ever
The homes that shine are still selling quickly — some even going straight to pending.
🔑 What This Means for Buyers
You have more inventory than you did two weeks ago…
But you still cannot hesitate on the right house.
48 homes going off the market in 10 days or less proves:
The good homes are NOT lingering.
Status pulled from the NWMLS 2/16 @ 8:15am
