Kitsap home prices up 13 percent in August

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Tad Sooter, Minding Your Business, Kitsap Sun

Home prices are up in Kitsap and the supply of homes for sale is dwindling as fall approaches.

Meanwhile, a burst in sales activity in July was followed by a lull in August, according to numbers released Wednesday by Northwest Multiple Listing Service.

Homes sold for a median price of $330,000 last month, up 13 percent from August of 2016. The number of active listings in the county dropped to 788, down 19 percent from last year.

Active listings tend to peak during the summer and decline through the fall and winter. Kitsap’s market is on pace for another lean winter: (Click here for more charts and information)

Active Home Listings in Kitsap

 

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