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.

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.