JLS in the News Market Update News

Housing market in Kitsap County is on track for seasonal slowdown

Photo by Sam McJunkin on Unsplash

John L. Scott broker Nate Leach comments on the seasonal slowdown in the Kitsap area. He notes he’s already seen the effects of the seasonal slowdown in west and east Bremerton, but said the changes have been pretty typical. 

Julianne Stanford | Kitsap Sun

Kitsap’s housing market is heading into its usual seasonal slowdown, and buyers looking to purchase a home will likely have more options to choose from as demand continues to cool heading into the fall and winter months.

Although the number of homes listed on the county’s market last month remained consistent over this time last year, a drop in closed sales indicates that buyers will face decreased competition with a steady flow of options, according to monthly statistics from the Northwest Multiple Listing Service.

[…] “This is a normal September,” said Bremerton-based John L. Scott broker Nate Leach. “Every year, the market slows down. This isn’t a huge ‘Oh my gosh, we’re crashing.’ It’s normal to slow down heading into the winter months.”

To read the full story, click here: Kitsap’s housing market on track for seasonal cool down

Related posts

Buyers in Kitsap County are getting relief after years of stiff competition

jlspr

Washington REALTORS® announces the Margo Wheeler Aspiring Leader Grant

jlspr

A bird’s eye view on today’s luxury market

jlspr