This Week in the Kitsap Market
Every Monday, I like to take a step back and look at what actually happened in the Kitsap County real estate market over the last seven days. Not headlines. Not national predictions. Just real activity happening in our neighborhoods.
Because the story of a market is not told by one number. It’s told by the patterns.
Here’s what this past week looked like.
New Listings vs. Buyer Activity
49 new listings hit the market
72 homes accepted an offer
That’s the first thing to notice.
More homes went under contract than came on the market. That tells us buyers are active and absorbing inventory quickly, especially the homes that are priced and presented well.
This is not a slow market. It’s a selective one.
Price Reductions Are Sending a Clear Message
38 price reductions
3 price increases
This is important. Sellers who started a little too optimistic are adjusting quickly, and buyers are responding to the homes that are priced realistically.
Homes that meet the market are moving. Homes that miss the mark are having to correct course.
That’s actually healthy market behavior.
Homes That Came Back on the Market
9 homes returned to active status
These are often from inspection negotiations, financing hiccups, or expired listings that relisted. This creates opportunity for buyers who may have missed them the first time around.
If you’re watching closely, these are the listings worth a second look.
How Fast Are Homes Moving?
29 homes either accepted an offer or passed inspection in 10 days or less
This is the clearest signal of the week.
The right homes are moving very quickly. Buyers are not hesitating when a home is priced well, in good condition, and in a desirable area.
This is why strategy matters so much right now.
Inspection Contingencies Tell a Bigger Story
39 homes made it through inspection contingencies
That’s a strong number. It means buyers and sellers are successfully negotiating through the inspection phase and getting closer to closing.
This is not a market full of deals falling apart. It’s a market where transactions are progressing.
Contingent Offers Are Still Happening
2 homes accepted contingent offers (buyer has a home to sell)
Even in a market where speed matters, there is still room for contingent buyers when the situation makes sense.
That’s encouraging for homeowners who need to sell before they buy.
Sold, Expired, and Canceled Listings
30 homes officially sold
2 listings expired
5 listings were canceled
The low number of expired and canceled listings tells us most sellers are finding a path forward, either through pricing adjustments or negotiations.
What This Week Really Tells Us
This week shows us a few very clear patterns in the Kitsap market:
Buyers are active and decisive
Correct pricing is everything
Well-presented homes move quickly
Sellers are adjusting to the market instead of fighting it
Transactions are successfully making it through inspections and into closing
This is not a chaotic market. It’s a smart one.
What This Means for Buyers
You have options, but you don’t have unlimited time to decide on the good ones.
Homes that are priced correctly are moving fast. Watching the market and being prepared makes a big difference.
What This Means for Sellers
The market is rewarding realistic pricing and good preparation.
Homes that come out strong are getting attention quickly. Homes that overshoot are having to adjust.
Final Thoughts
The Kitsap market this week was active, healthy, and very telling. The numbers show momentum, but they also show that strategy is what separates the homes that move quickly from the ones that sit.
If you’re curious how your home or your buying plans fit into what’s happening right now, this is exactly the kind of week-to-week data that helps guide smart decisions.
And I’ll be back next Monday with the next snapshot of what’s happening in the Kitsap market.
*Info pulled from the NWMLS on Monday Jan. 26th at 11:00am
