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Poulsbo Real Estate - April 2011

By
Real Estate Agent with Prowse and Company

Poulsbo Real Estate Market Trends

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 April median sales price for Poulsbo was $299,500, down about 4% from a year ago and up about 7% from last month. The more stable three month moving average closed sale price was $284,725, about 8% lower than a year ago.  The Kitsap County 3 month moving average median price is about 5% lower than it was a year ago. The 3 month moving average number of closed sales in Poulsbo fell 15% from a year ago. The 3 month moving average of closed sales is down 13% Countywide from a year ago. Poulsbo's 3 month moving average of pending sales rose 11% from a year ago. The Poulsbo listing inventory (121) is 14% higher than a year ago and 10% higher than last month. The inventory turnover (total homes on the market divided by number sold last month) slowed just slightly at 10.1 months compared to last month's 10.0, and is a slower than the 8.2 months reported a year ago. Poulsbo is a buyer's market.

 

Poulsbo Real Estate - April 2011

Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
April 2011 $299,500 284,725 11 20 10.1
March 2011 $279,800 293,891 10 18 10.0
April 2010 $312,000 308,483 13 18 8.2

More about Poulsbo Real Estate

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)