Friday, December 9, 2011

Poulsbo Market Report for November:

Poulsbo Closed Transactions in November

Please note: we are comparing closings during November of this year and last year.

Poulsbo had fewer closings last month.

Transactions closed nearly two months faster, a good sign.  The average selling price was down 16% from last year's November.   

Sellers accepted 6% less than their original asking price, a sign that they are paying attention to the market.

If you would like details of the home that closed in your neighborhood, call or email me

There are 206 homes in inventory*, five fewer than last month, at all price ranges ($60,000 to $1.5M).  Average listing  price is $341,000,  with a median of $300,000.  Overall, the average and median prices have decreased since October.

*Bank-owned properties not included.

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