Brokers in several counties outside of King County also commented on inventory shortages and the velocity of sales. NWMLS figures show December's inventory in Kitsap, Mason, Pierce and Jefferson counties declined more than 35% from the selection of a year ago, while prices jumped 10.4%. Collectively, there is less than a month's supply (0.94 months) in these South Sound counties. And it seems that local builders are finding that they are selling out of their new construction before it is ready for occupancy, this from a member of the Northwest MLS board of directors.
Kitsap offers a better quality of life for the money. The fact that it’s a beautifully secluded place to live is just the icing on the cake. More and more often home buyers are happy to take the ferry every day - it adds to the experience of life.
“Looking ahead, brokers expect brisk activity.”
-NWMLS, January 2020
