Poulsbo Real Estate - February 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 February 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 4% 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 (89) is 40% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 11.1 months, a considerable slowdown from the 6.2 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) | |
| Feb 2010 | $293,450 | $278,400 | 11 | 15 | 11.1 |
| Jan 2010 | $287,500 | $277,709 | 15 | 13 | 6.2 |
|
Feb 2009 |
$209,000 | $292,000 | 7 | 12 | 29.8 |
