Poulsbo Real Estate Market - April 2012

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 April median sales price for Poulsbo was $289,975, down about 3% from a year ago and up about 10% from last month. The more stable three month moving average closed sale price was $270,492, about 5% lower than a year ago. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average number of closed sales in Poulsbo fell 50% from a year ago. The 3 month moving average of closed sales is up 4% Countywide from a year ago. Poulsbo's 3 month moving average of pending sales was up 10% from a year ago. The Poulsbo listing inventory (121) is the same as a year ago and 22% higher than last month - inventory is building quickly! The inventory turnover (total homes on the market divided by number sold last month) fell slightly to 20 months (very slow) from last month's 7.1 month turnover rate and is slower than the 10 months reported a year ago. Poulsbo is a buyer's market.

Poulsbo Real Estate - April 2012

Median Price3 mo Ave Price3 mo Ave Closed Sales3 mo Ave Pending SalesInventory Turnover (months)
April 2012 $289,975 270,492 11 22 20
March 2012 $264,500 243,833 10 19 7.1
April 2011 $299,500 284,725 11 20 10

More about Poulsbo Real Estate

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Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

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