The housing market in Kitsap Lake continues to see strong price appreciation, with values up 60.9% compared to last year. The median home price of $527,000 represents a substantial 60.9% increase from this time last year. At the current pace, all available homes in Kitsap Lake would sell out in just 1.0 months, indicating a continued supply shortage. Sales volume is down 75% compared to seasonal expectations. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Kitsap Lake market with the affordability index at 1358.2. Looking ahead, the Kitsap Lake market is expected to maintain its current trajectory with relatively stable conditions.