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.

Poulsbo activity sharply up in October

Poulsbo Closed Transactions in October

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

Poulsbo transactions nearly doubled in October .

Transactions took two and a half months longer to close.  The average selling price was down seven percent from last October .   

There are 211 homes in inventory at all price ranges ($80,000 to $1.5M).  Average listing  price is $348,000 , with a median of $315,000.  Overall, the average and median prices have increased since September

Sellers accepted ten percent less than their original asking price. It is still a strong buyer's market.

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

Poulsbo market slows in September

 Closed Transactions Month of September

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

Twenty-four percent fewer homes closed in Poulsbo in September.

Transactions took fewer than 60 days to close.  The average selling price was down four percent from last September.   

There are 89 homes in inventory (down from 156 in August) at all price ranges ($89,000 to $1.5M)  Average listing  price is $346,000 , with a median of $309,000.


Sellers accepted seven percent less than their original asking price. It is still a strong buyer's market, but inventory is shrinking as sellers take their homes off market.

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

Poulsbo market report for August

 Closed Transactions Month of August

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

Five percent more homes closed in Poulsbo in August.

Transactions took about three and a half months to close.  The average selling price was up five percent from last August.   

There are 156 homes in inventory at all price ranges ($89,000 to $1.8M)  Average listing  price is $357,000 , with a median of $315,000.


Sellers accepted nine percent less than their original asking price. It is still a strong buyer's market.

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

Poulsbo market report for July

 Closed Transactions Month of July

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

41% fewer homes closed in Poulsbo in July.

Transactions took five weeks longer to close.  The average selling price was 10 percent  lower. 

There are 154 homes in inventory at all price ranges ($94,000 to $1.8M)  Average listing  price is $369,000 , with half the inventory under $319,000. 


Sellers accepted six percent less than their original asking price.

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

Poulsbo market slows in second quarter of 2011

Second Quarter 2011

The second quarter of 2011 saw a decrease of 19% compared to the second quarter of 2010.

Transactions closed nearly a month slower. The average selling price was down ten percent. Sellers accepted 10 percent less than they had originally asked.

Last year's second quarter benefited from the tax credit, so it is not surprising that the numbers are down slightly this year.

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

Poulsbo market report for June

 Closed Transactions Month of June

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

15% fewer homes closed in Poulsbo in June.

Transactions took slightly longer to close.  The average selling price was 5% lower. 

Sellers accepted 11% less than they originally asked.


There are 144 homes in inventory at all price ranges ($77,000 to $1.8M)  Average listing  price is $378,000 , with half the inventory under $320,000. Five homes are listed above $1M. Factoring out those homes, the average listing price is $340,000 with a median of $319,000.

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

May home sales up in Poulsbo

 Closed Transactions Month of May

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

5% more homes closed in Poulsbo this month.

Transactions took two months longer to close.  The average selling price was 3% higher. 

Sellers accepted 10% less than they originally asked.


There are 148 homes in inventory at all price ranges ($210,000 to $1.8M)  Average listing  price is $380,000 , with half the inventory under $320,000. Six homes are listed above $1M.

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

Average sale price higher this month in Poulsbo

 Closed Transactions Month of April

Please note: we are comparing closings during this year's April and last year's April.

32% fewer homes closed in Poulsbo this month.

Transactions took 47 days longer to close.  The average selling price was 10% higher. 

Sellers accepted 8% less than they originally asked.


There are 145 homes in inventory at all price ranges (I am not including three homes priced over $1M).  Average listing  price is $349,000 , with half the inventory under $326,000. 

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

Poulsbo prices stable in first quarter of 2011

First Quarter 2011

The first quarter of 2011 saw a decrease of 36% compared to the first quarter of 2010.

Transactions closed more quickly (3 days). The average selling price was up very slightly. Sellers accepted 7% less than they had originally asked.

Traditionally, selling activity increases in the second quarter, and there is no reason not to expect this to happen this year. 

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

Poulsbo Market Report for March

Poulsbo: Closed Transactions in March

Please note: we are comparing closings during this year's March and last year's March.

38% fewer homes closed in March this year.

Transactions closed 35 days faster.  The average selling price dropped 14 percent.   

Sellers accepted 9% less than they originally asked.


There are plenty of homes in inventory at all price ranges (the highest listing is $1.95M).  Average listing  price is $363,427) , with half the 143 homes under $324,000. 

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

Poulsbo inventory strong, prices up this February

 Closed Transactions Month of February

Please note: we are comparing closings during this year's February and last year's February.

February this year saw 42% fewer closings in Poulsbo.

Transactions closed nearly a month and a half faster.  The average selling price was up by three percent.

Sellers accepted 8% less than they originally asked.

There are plenty of Poulsbo homes in inventory at all price ranges ($110,000 - $1,950,,000).  Average asking price is $378,489, with half of the 147 homes under $329,500--3 are above $1,000,000 if you want luxury.

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

Poulsbo values decline slightly in 2010

Annual Transaction Report for 2010

Here are last year's statistics for Poulsbo. 

2010 saw a decrease of eight percent in closed transactions compared to the previous year. 


The average sale price was six percent lower. Sellers accepted seven percent less than their original listing price.

Poulsbo continues to be a buyers' market. As of this date (February 17), there are 151 single family homes in inventory.  Average list price is $379,000, but there are homes in every price bracket. Half the homes on the market are below the median list price of $343,000.

If you'd like the selling details of the home that closed in your neighborhood, just ask.

Poulsbo January Report

 Closed Transactions Month of January 

Please note: we are comparing closings during this year's January and last year's January.

Closings were down more than a third this January.

Transactions closed two months faster.  The average selling price was up by sixteen percent.   

Sellers accepted 5% less than they originally asked. 

Inventory in Poulsbo is dropping. It is still a buyer's market, but as inventory shrinks we can expect the advantage to go to those sellers who price their homes according to market.

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

December 2010 better than December 2009 in Poulsbo

 Closed Transactions Month of  December

Please note: we are comparing closings during this year's December and last year's December.

Closings were up 31% this December compared to December of last year.

Transactions closed much faster.  The average selling price was up by four percent.   

Sellers accepted 10% less than they originally asked. 

Inventory in Poulsbo  is still good.  It's still a buyer's market.

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

Poulsbo average selling price up in November

Poulsbo Closed Transactions Month of November

Forty-four percent fewer closings Poulsbo last month than there were last year in November.

Transactions closed much faster--in less than month on average.  The average selling price was up by 41%.  

Sellers conceded sixteen percent of their original listing prices.

Inventory in is Poulsbo is still good.  It's still a buyer's market.

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

 

Related articles

• Kitsap Housing Prices Continue to Fall in November (kitsapsun.com)

Poulsbo activity down but buying time improved

Closed Transactions Sept 8-14

Clearly the two homes that closed this week were priced right on the money. 30 days from offer to contract, average sale to list 100%.  Average price down nearly 33%, but the sample is small.

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

Think times are tough? They're not!

Thanks to Steve Cook for sending these photos. If you think times are tough, look at what was happening in our country 70 years ago!

Closed Transactions August 8-14

Bainbridge closed 75% more transactions than last year during this time period.  Silverdale, Poulsbo and Kingston lagged behind.  But in Silverdale, Poulsbo and Bainbridge, transactions closed much quicker. 

The average sale price dropped in all markets (except for Kingston).

If you'd like the selling details of the home that closed in your neighborhood,  just ask.

Passenger ferry slated for Kingston

No kidding this time (pay attention, yo). If this comes through, look for a lot of activity in the Kingston market by this time next year. Easier access from Seattle to Kingston brings more people. People buy houses.

Closed Transactions August 1-7

Bainbridge and Kingston were the only markets making any progress over last year at this time, and that hardly worth noting on Bainbridge. Kingston picked up dramatically.  No closings in Silverdale.  Poulsbo not much better.

If you'd like the selling details of the home that closed in your neighborhood,  just ask.

North Kitsap Market Report July 1-7

Closed Transactions July 1-7

Almost no activity this week, and what little there was much less than that during the same holiday weekend last year.

Except for Kingston, time on market was less in all areas, particularly in Bainbridge Island.  The average selling price in Bainbridge was significantly lower than the median.  We expected activity to drop at the end of the tax credit incentive deadline, but not this much.

If you'd like the selling details of the home that closed in your neighborhood,  just ask.