Kitsap This Week: Real Estate Activity You Shouldn’t Ignore
If you’ve been wondering whether the market is “slow,” “hot,” or “confusing”… this week’s numbers tell a very clear story:
Homes are still moving quickly — but sellers are having to work harder for it.
Here’s what happened across Kitsap County in the last 7 days:
📊 The Raw Numbers
51 new listings
13 back on market
42 price reductions
7 price increases
63 homes accepted an offer
53 homes sold
49 homes cleared inspection contingencies
35 homes went pending or cleared inspection in 10 days or less
3 contingent (buyer has a home to sell)
6 expired
6 canceled
What’s Actually Happening (and why this week is interesting)
🏃♂️ Buyers are decisive
35 homes were off the market (pending or through inspection) in 10 days or less.
That is not a “slow” market.
That’s buyers watching closely and jumping when the right house shows up.
✂️ Sellers are adjusting faster
42 price reductions vs 7 price increases is a big tell.
Sellers who start high are correcting quickly instead of sitting. This is why you’re seeing homes:
hit the market
adjust
go pending fast
Pricing strategy is everything right now.
🔁 The Back-on-Market pattern
13 homes came back on the market.
This is almost always:
inspection fallout
financing issues
buyers getting cold feet
But here’s the key: many of these go pending again quickly when priced correctly. Buyers are ready — they’re just cautious.
✅ Inspections are not killing deals
49 homes made it through inspection contingencies.
This is huge. It means deals are sticking. Buyers aren’t walking away in droves — they’re negotiating and moving forward.
🏁 Expired + Canceled = pricing problem, not market problem
Only 6 expired and 6 canceled out of all this activity.
That’s tiny compared to how many homes are successfully moving.
So what does this mean?
If you’re a seller:
Your house will sell if:
it’s priced correctly
it shows well
you adjust quickly if needed
The market is rewarding realism, not wishful pricing.
If you’re a buyer:
You can breathe a little.
You’re not competing with 15 offers
But you do need to move fast when it’s the right one
There is opportunity right now for smart buyers.
The big takeaway
This is what we call a healthy, active, realistic market.
Not 2021 crazy.
Not “the market is dead.”
But a market where strategy matters more than ever.
And that’s exactly where having a local expert who watches this every week (hi 👋) becomes important.
Info pulled from the NWMLS Monday 2/2/26 @10:15am
