Kitsap This Week: The Market Is Shifting (Quietly) Again
Another week, another set of numbers… and when you line them up, a pattern starts to show across Kitsap County.
This isn’t random activity.
This is the market finding its rhythm.
📊 This Week’s Raw Numbers
65 new listings
9 back on market
40 price reductions
9 price increases
50 homes accepted an offer (pending)
45 homes sold
42 homes cleared inspection contingencies
31 homes pending or through inspection in 10 days or less
2 contingent (buyer has a home to sell)
0 expired
10 canceled
Side note: several homes went straight to pending. Pre-inspections? Inspection waivers? Hard to say — but buyers were confident.
Kitsap Market Comparison - Last Two Weeks
New Listings
Last Week: 51
This Week: 65
→ Inventory is rising. Buyers have more choices.
Back on Market
Last Week: 13
This Week: 9
→ Fewer deals are falling apart.
Price Reductions
Last Week: 42
This Week: 40
→ Sellers are still adjusting quickly, but this is stabilizing.
Price Increases
Last Week: 7
This Week: 9
→ Slight boost in seller confidence.
Homes Accepted an Offer (Pending)
Last Week: 63
This Week: 50
→ A small slowdown as buyers now have more options to choose from.
Homes Sold
Last Week: 53
This Week: 45
→ Normalizing with the increased inventory.
Homes Cleared Inspection Contingencies
Last Week: 49
This Week: 42
→ Deals are still sticking at a strong rate.
Homes Off Market in 10 Days or Less
Last Week: 35
This Week: 31
→ The right homes are still moving very quickly.
Expired Listings
Last Week: 6
This Week: 0
→ Huge improvement. Sellers are adjusting before homes sit.
Canceled Listings
Last Week: 6
This Week: 10
→ Some sellers are repositioning instead of expiring.
What changed from last week?
🏠 Inventory jumped
65 new listings vs 51 last week.
Buyers suddenly have more choices. That naturally slows the “feeding frenzy” feeling.
💪 Fewer homes falling apart
Back-on-market dropped from 13 → 9.
That means deals are cleaner and sticking better.
📉 Pendings dipped (and that’s normal)
63 → 50 pending.
Not because buyers vanished, but because they have more to choose from now.
🚫 Zero expired listings
This is huge. Sellers are adjusting before homes sit too long.
⏱ Homes are STILL moving fast
31 homes off the market in 10 days or less is nearly identical to last week.
The right homes are still going quickly.
What this means for sellers
You’re entering a window where:
More competition is hitting the market
Buyers have options
Pricing and presentation matter more than ever
The homes winning are the ones that look sharp and are priced right on day one.
What this means for buyers
You finally have:
Breathing room
Negotiation power
Less chaos
But when it’s the right house? You still need to move.
The bigger story forming in Kitsap
Over the past two weeks, we’ve watched:
Inventory rise
Fewer deals fall apart
Sellers adjust faster
Buyers stay active but more selective
That’s the definition of a healthy, balanced, strategic real estate market in Kitsap.
Not slow.
Not wild.
Just smart.
