The number of Kitsap County single-family homes sold in 2014 went up 8.5 percent compared to 2013 – from 3,340 units to 3,624 – and the median value of those homes increased by half a percent during that time, from $240,725 to $242,000.

Combined sales of single-family homes and condominiums in the county were valued at $1.1 billion in 2014.

The data come from Northwest Multiple Listing Service, a not-for-profit, member-owned organization of over 21,000 real estate professionals in the Pacific Northwest.

The average price of a single-family home in Kitsap County in 2014 was $295,710. The lowest-priced home sold that year was $17,500 and the highest-priced home went for $3.3 million.

Single-family homes comprised 94.39 percent (4,880 units) of pending sales in 2014. Condominium sales made up 5.61 percent (290 units).

Three-bedroom homes and condos were the most popular and comprised 58.9 percent of sales. Homes with two bedrooms or fewer made up 19.9 percent of sales. Four-bedroom homes made up 19.3 percent and homes with five or more rooms were 1.9 percent.

Kitsap County had 3.9 months of supply of single-family homes and condominiums in 2014. The industry considers a four- to six-month range as an indicator of a balanced market, favoring neither buyers nor sellers.

Although prices have trended upward, the longer-term picture shows the impact the Great Recession had on the county: Kitsap home prices are now 3.2 percent lower than in 2005, when the median price of a home was $250,000. Prices rose to $290,342 in 2007 and then dropped to $233,000 in 2012 as a result of the recession.

Taking a wider, regional view, total sales across 21 counties in western Washington was worth nearly $28 billion in 2014, the group said – 9.4 percent higher in value than 2013.

Northwest MLS reported 77,276 closed sales during 2014 to best the prior year’s volume by 1,759 transactions for a 2.3 percent increase in units.

Last year’s completed sales included 66,716 single-family homes – about 86 percent of the total – and 10,560 condominiums. The total units and dollar volume are the highest since 2007 when members registered 82,197 sales valued at $32.3 billion.

The area-wide median price for last year’s sales of single-family homes and condominiums was $285,000, higher than 2013’s figure of $270,000 (up nearly 5.6 percent). A comparison by county shows median sales prices ranged from $119,900 in Pacific County to $399,750 in King County.

High-end sales were also a factor. Northwest MLS members reported 2,069 sales of single-family homes priced at $1 million or more. The highest-priced single-family home that sold during 2014 was a property in Medina that commanded $11.3 million. Topping the chart of high-priced condominiums was one in a downtown Seattle high-rise that sold for $6.1 million.

Northwest MLS, owned by its member real estate firms, is the largest full-service MLS in the Northwest. Its membership includes more than 22,000 real estate brokers. The Kirkland-based organization expanded services to the Chelan and Douglas counties in 2014, bringing the total number of counties in the MLS network to 23 in Washington state.