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Poulsbo Real Estate Market - September 2010

By
Real Estate Agent with Prowse and Company

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 September median sales price for Poulsbo was $296,705, down about 1% from a year ago and down about 7% from last month. The more stable three month moving average closed sale price was $311,402, about 7% 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 17% from a year ago. The 3 month moving average of closed sales is down 20% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 50% from a year ago. The Poulsbo listing inventory (110) is 12% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.2 months, a much improved from the 13.3 months reported last month and the same as we reported a year ago. Poulsbo is a buyer's market, but appears to have healthier sales than some other parts of the County.

Poulsbo Real Estate - September 2010

Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
September 2010 $296,705 311,402 17 13 5.2
August 2010 $319,750 332,333 15 15 13.3
September 2009 $301,000 291,987 21 26 5.2

More About Poulsbo Real Estate Market Trends

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)