Kitsap County median house costs achieve $600,000; state costs drop

Kitsap County median house costs achieve 0,000; state costs drop

The median residential house value in Kitsap County jumped from $550,000 to $600,000 in June, a record-high value for homebuyers who’re increasingly more discovering it tough to manage to pay for a house, in keeping with information from Northwest More than one Checklist Provider.

In the meantime, median house costs in Washington state dropped reasonably from $660,000 to $650,000.

Energetic listings rose from 288 listings in Would possibly to 606 listings in June, a list building up of 110%. The marketplace has 1.28 months of housing stock, in comparison with simply 0.54 months in June of final 12 months.

‘Simply no longer sufficient housing’:Efforts to accommodate tribal contributors hampered through lack of land Suquamish Tribe persisted

However Frank Wilson, Kitsap regional supervisor at John L. Scott Actual Property, stated that a regular housing marketplace 3 years in the past would have had between 1,300 and 1,500 energetic listings every month, relatively than below 1,000. “We wish to put all of it in point of view,” he stated.