Here is the real estate market report for NWMLS Area 166 - Poulsbo WA - as of March 23, 2009.

Current Active Listings:     162

Sold in Past 6 months:     67

Average Sales Price:         $338,319

Average List Price:            $348,983

Ratio of LP vs. SP:           97%

Days on Market:              86

Pending this week:           5

One of the hot developments in Poulsbo WA has been Quadrant Home's Stendahl Ridge.

I was honored to sell the very first home in this neighborhood. They've sold nearly twenty homes already this year which is truly amazing for new construction! They have prices starting at $235,900 up to $342,900, with square footage floorplans from 1555 sq. ft. to 4000 sq. ft. Quadrant is a pre-sale builder only, but they do have a couple of homes already built in Stendahl Ridge that are ready for immediate sale/occupation due to the previous buyers backing out because of financing issues. There are only about 17 lots left and which should be easily sold out by summer. For more information, go to Quadrant Homes/Stendahl Ridge. If you visit the development, ask for my good friend, Dan Spurlock, the Community Sales Manager, and tell him I sent you!

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.