Kingston, WA

Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $329,000 at the end of December, 47% higher than a year ago and 39% lower than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($365,492) of closed sale price is 51% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 6% lower than a year ago, while the number of pending sales was 40% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The number of active listings in Kingston (50) is 35% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 16.7 months, way slower than the 6.7 month turnover reported last month and slower than the 6.2 month turnover of a year ago. Kingston is still a buyer's market.

Kingston Real Estate - December 2011

	Median Price	3 mo Ave Price	3 mo Ave Closed Sales	3 mo Ave Pending Sales	Inventory Turnover (months)
December 2011	$329,000	365,492	6	7	16.7
November 2011	$537,475	344,292	7	8	6.7
December 2010	$223,150	242,683	6	5	6.2

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Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $537,475 at the end of November, 150% higher than a year ago and 134% higher than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($344,992) of closed sale price is 19% higher than a year ago. The Kitsap County 3 month moving average median price is about 2% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 5% lower than a year ago, while the number of pending sales was 14% higher than a year ago. The 3 month moving average of closed sales is up 8% Countywide from a year ago. The number of active listings in Kingston (55) is 45% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 6.7 months, faster than the 8.4 month turnover reported last month and faster than the 9.5 month turnover of a year ago. Kingston is still a buyer's market.

Kingston Real Estate - November 2011

	Median Price	3 mo Ave Price	3 mo Ave Closed Sales	3 mo Ave Pending Sales	Inventory Turnover (months)
November 2011	$537,475	344,992	7	8	6.7
October 2011	$230,000	209,133	5	8	8.4
November 2010	$215,000	289,133	7	7	9.5

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Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $230,000 at the end of October, 21% lower than a year ago and 14% lower than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($209,133) of closed sale price is 35% lower than a year ago. The Kitsap County 3 month moving average median price is about 7% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 40% lower than a year ago, while the number of pending sales was unchanged from a year ago. The 3 month moving average of closed sales is up 17% Countywide from a year ago. The number of active listings in Kingston (59) is 18% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.4 months, faster than the 13 month turnover reported last month but slower than the 7.1 month turnover of a year ago. Kingston is still a buyer's market.

 

Kingston Real Estate - October 2011

	Median Price	3 mo Ave Price	3 mo Ave Closed Sales	3 mo Ave Pending Sales	Inventory Turnover (months)
October 2011	$230,000	209,133	5	8	8.4
September 2011	$267,500	222,467	4	7	13
October 2010	$289,900	320,800	8	8	7.1

More About North Kitsap Real Estate

Statistics here are for Kingston, the largest of the remaining housing markets in North Kitsap. Activity in Kingston should be representative of the other nearby communities. Kingston homes were selling for a month end median price of about $267,500 at the end of September, 26% lower than a year ago and 106% higher than last month. Month-to-month fluctuations in the low volume Kingston market make these raw numbers difficult to interpret. The more stable 3 month moving average ($222,467) of closed sale price is 24% lower than a year ago. The Kitsap County 3 month moving average median price is about 9% lower than it was a year ago. The 3 month moving average of Kingston closed sales was 46% lower than a year ago, while the number of pending sales fell 30% from a year ago. The 3 month moving average of closed sales is up 11% Countywide from a year ago. The number of active listings in Kingston (65) is 35% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 13 months, faster than the 27.3 month turnover reported last month but slower than the 4.8 month turnover of a year ago. Kingston is still a buyer's market.

Kingston Real Estate - September 2011

	Median Price	3 mo Ave Price	3 mo Ave Closed Sales	3 mo Ave Pending Sales	Inventory Turnover (months)
Sept 2011	$267,500	222,467	4	7	13
August 2011	$129,900	249,633	4	5	27.3
Sept 2010	$362,500	293,742	8	10	4.8

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