Kitsap County Market Statistics for June 30, 2008

Over the past two weeks the absorption rate for Silverdale increased from 25 weeks of inventory to 42 weeks and then back to 25 weeks.

Kitsap County overall the rate increased from 42 weeks up to 74 weeks and then down to 70 weeks.

The market is still very volatile so we'll continue to see this throughout 2008 and then maybe "things" will begin to even out this time next year.