Kitsap County Weekly Housing Market Update: Sep 15-21, 2025
Welcome back to this week’s Kitsap Housing Market Update, your go-to guide for staying in the know about what’s really happening in our local real estate world. Each week, I break down how Kitsap stacks up so you don’t have to sort through endless charts or stale headlines. And while this week didn’t bring any wild swings or dramatic plot twists, we did get a little piece of good news worth celebrating: interest rates are starting to come down (even if just slightly). A small shift, but in real estate, even small changes can feel like a breath of fresh air.
Now, let’s talk about the market itself. The Kitsap market continues to hold strong, even as inventory creeps up. More homes on the market might sound like a cooling trend, but don’t be fooled, we are still well below what’s considered a “normal” or balanced market. In other words, sellers still have the upper hand, and buyers are still out there hunting for the right place to call home.
You may have noticed that homes are staying on the market a bit longer, and at first glance that might raise an eyebrow. But after digging into the numbers, it’s clear this isn’t a sign of fading demand. Instead, most of the homes sitting longer than 30 days tend to be overpriced or simply not in their best condition. Buyers are savvy, and in today’s market, the homes that shine and are priced right still move at a healthy pace.
Kitsap is still a competitive market with strong demand, and even with more inventory, we’re far from “slow.” Sellers if you price it right and prep it well, you’ll attract serious buyers. Buyers, be sure to keep your eyes open, because while homes may linger a bit longer, the gems are still going quickly. And with interest rates inching down, the next few weeks could bring even more opportunities on both sides of the table.
Pending Price Data
Pending sales data is one of the juiciest pieces of intel we now have access to inside the NWMLS and it’s something you simply can’t find anywhere else. Unlike closed sales, which are already in the rearview mirror, pending sales show you what’s happening right now. They’re a sneak peek into the market’s next moves, giving us a window into buyer demand, price trends, and how quickly homes are being scooped up. Think of it as reading tomorrow’s headlines today.
This matters because the real estate market doesn’t wait. By the time a sale closes and shows up in public stats, the market could have shifted. Pending sales data bridges that gap. It lets us see which price points are hot, how long it’s taking for homes to go under contract, and whether buyers are starting to pull back or charge full speed ahead. For sellers, that means smarter pricing and timing. For buyers, it means knowing exactly what kind of competition they’re up against.
And here’s the kicker, this level of insight is exclusive to NWMLS and.… ME! Zillow, Redfin, and all the big national sites? They don’t have it. That means when I’m pulling stats for you, we’re not playing with the same watered-down data everyone else is using. We’re tapping into information that actually reflects the pulse of the Kitsap market as it’s happening. In other words, when we talk strategy, we’re not guessing, we’re armed with facts that only licensed pros can see.
Kitsap County Stats: Sep 15-21, 2025
Median Pending Price
Average Pending Price to List Ratio (%)
Pendings with Multiple Offers (%)
When you look at the monthly stats, you’re really seeing the “big picture” story of our market and it’s not just Kitsap County in a bubble. I’ll be showing you a side-by-side comparison of Kitsap County versus the rest of the NWMLS, so you can see how our little corner stacks up against the broader region.
Here’s what those numbers mean: Active listings tell us how many homes are available right now, while new listings show how many fresh options just hit the market. Pending sales (the homes that went under contract) give us a clue about buyer activity in real time, and sold listings show how many deals officially crossed the finish line. Months of inventory measures how long it would take to sell every available home if no new ones popped up, aka, the “speedometer” of the market. And of course, the median sales price is the crowd favorite, showing the middle price point where half the homes sold for more and half sold for less.
The August stats are HERE!
