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Poulsbo Real Estate July 2010

Reposted From:http://bprowse.com/poulsbo_market

Poulsbo Real Estate - July 2010

 Med price3mo price3 mo. Ave. closed sales3 mo. Ave. Pending SalesInventory Turnover (months)
July 2010 $317,750 322,446 18 16 4.7
June 2010 $359,500 320,529 15 17 6.4
July 2009 $282,960 309,320 18 27 6.4

These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The July median sales price for Poulsbo was $317,750, up about 12% from a year ago and down about 11 % from last month. The more stable three month moving average closed sale price was $322,446, about 4% higher than a year ago. The Kitsap County 3 month moving average median price is 1% higher than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo rose 2% from a year ago. The 3 month moving average of closed sales is down 3% Countywide from a year ago.  Poulsbo’s 3 month moving average of pending sales fell 41% from a year ago. The Poulsbo listing inventory (103) is 11% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 4.7 months, faster than the 6.4 months reported last month and better than most other areas in the County. Poulsbo is still a buyer’s market.

Poulsbo Real Estate May 2010

Reposted from http://bprowse.com/poulsbo_market

These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The May median sales price for Poulsbo was $290,087, down about 18% from a year ago. The more stable three month moving average closed sale price was $307,362, about 6% lower than a year ago. The Kitsap County 3 month moving average median price is 3% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 56% from a year ago. The 3 month moving average of closed sales is up 25% Countywide from a year ago.  Poulsbo’s 3 month moving average of pending sales fell 18% from a year ago. Recall this number includes pending short sales and new construction that may not close soon. The Poulsbo listing inventory (103) is 15% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.7 months, improved from the 8.2 months reported last month. Poulsbo is still a buyer’s market.

Poulsbo Real Estate - May 2010

 Med price3mo price3 mo. Ave. closed sales3 mo. Ave. Pending SalesInventory Turnover (months)
May 2010 $290,087 307,362 28 18 5.7
Apr 2010 $312,000 308,483 13 18 8.2
May 2009 $355,000 328,333 18 22 8.1

Poulsbo Real Estate Market April 2010

Reposted From http://bprowse.com/poulsbo_market

These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The April median sales price for Poulsbo was $312,000, up about 2% from a year ago. The more stable three month moving average closed sale price was $308,483, about 10% higher than a year ago. The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 18% from a year ago. The 3 month moving average of closed sales is up 20% Countywide from a year ago.  The 3 month moving average of pending sales was up 13% in Poulsbo. Recall this number includes pending short sales and new construction that may not close soon. The Poulsbo listing inventory (106) is 25% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.2 months, a slowdown from the 5.2 months reported last month. Poulsbo is still a buyers market.

Poulsbo Real Estate - April 2010

  Median Price 3 mo ave Price 3 mo ave Closed Sales 3 mo ave Pending Sales Inventory Turnover (months)
Apr 2010 $312,000 308,483 13 18 8.2
Mar 2010 $320,000 300,317 13 18 5.2
Apr 2009 $307,000 279,667 11 16 12.8

Poulsbo Real Estate - March 2010

Reposted from http://bprowse.com/poulsbo_market

These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The March median sales price for Poulsbo was $293,450, up about 40% from a year ago, but sales a year ago were at a low point. The more stable three month moving average closed sale price was $278,400, about 5% lower than a year ago. The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 57% from a year ago. The 3 month moving average of closed sales is up 55% Countywide from a year ago.  The 3 month moving average of pending sales was up 25% in Poulsbo. Recall this number includes pending short sales and new construction that may not close soon. The Poulsbo listing inventory (99) is 30% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.2 months, a considerable improvement over the 11.1 months reported last month. Poulsbo is still a buyers market.

 

  Median Price 3 mo Ave Price 3 mo ave Closed Sales 3 mo ave Pending Sales Inventory Turnover (months)
Mar 2010 $320,000 $300,317 13 18 5.2
Feb 2010 $293,450 $278,400 11 15 11.1

Mar 2009

$323,000 $279,000 11 15 8.8

Poulsbo Real Estate - December 2009

Reposted from http://bprowse.com/poulsbo_market

These statistics are for Poulsbo, including the downtown core, from the head of Liberty Bay southeast to Ne-Si-Ka Bay, and parts north to Sawdust Hill Rd. Other parts of Poulsbo and its suburbs should have similar trends. The December median sales price for Poulsbo was $254,250, down about 13% from a year ago. The more stable three month moving average closed sale price was $282,709, about 5% lower than in December 2008. The Kitsap County 3 month moving average median price is just about the same as it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 50% from a year ago. The 3 month moving average of closed sales is up 39% Countywide from a year ago.  December pending sales were up 50% in Poulsbo. Recall this number includes pending short sales and new construction that may not close soon. The Poulsbo listing inventory (98) is 36% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.9 months, somewhat worse than the 4.2 months reported last month - but still very good. Poulsbo is probably still a buyers market because of the shadow inventory of homes pulled off the market in the past year without selling, but looks like it has improved recently.

 

  Median Price 3 mo Ave Price 3 mo ave Closed Sales 3 mo ave Pending Sales Inventory Turnover (months)
Dec 2009 $254,250 $282,709 18 15 5.9
Nov 2009 $291,378 $298,293 20 20 4.2

Dec 2008

$362,000 $344,000 12 10 36