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 October median sales price for Poulsbo was $344,500, up about 14% from a year ago and 16% from last month. The more stable three month moving average closed sale price was $320,218, about 7% higher than a year ago. The Kitsap County 3 month moving average median price is 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo fell 47% from a year ago. The 3 month moving average of closed sales is down 24% Countywide from a year ago. Poulsbo's 3 month moving average of pending sales fell 50% from a year ago. The Poulsbo listing inventory (121) is 42% higher than a year ago. Unlike most areas - inventory is building in Poulsbo. The inventory turnover (total homes on the market divided by number sold last month) has ballooned to 20 months, a big slow down from the 5.2 months reported last month and the 3.9 months reported a year ago. Poulsbo is a buyer's market.
Bainbridge Island Real Estate - August 2010
| |
Median Price |
3 mo Ave Price |
3 mo Ave Closed Sales |
3 mo Ave Pending Sales |
Inventory Turnover (months) | |
| October 2010 |
$344,500 |
320,218 |
12 |
13 |
20 |
September 2010 |
$296,705 |
311,402 |
17 |
13 |
5.2 |
| October 2009 |
$302,500 |
298,500 |
22 |
26 |
3.9 |
More About Poulsbo Real Estate
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