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 August median sales price for Poulsbo was $319,750, up about 10% from a year ago and up less than 1% from last month. The more stable three month moving average closed sale price was $332,333, about 15% higher than a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo fell 30% from a year ago. The 3 month moving average of closed sales is down 15% Countywide from a year ago.  Poulsbo’s 3 month moving average of pending sales fell 42% from a year ago. The Poulsbo listing inventory (106) is 5% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 13.3 months, a sharp drop from the 4.7 months reported last month and from the 4.4 months reported a year ago. Poulsbo is a buyer’s market.

 Med price3mo price3 mo. Ave. closed sales3 mo. Ave. Pending SalesInventory Turnover (months)
August 2010 $319,750 332,333 15 15 13.3
July 2010 $317,750 322,446 18 16 4.7
August 2009 $292,000 288,320 21 26 4.4