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 |