Fourth Quarter 2010   The fourth quarter of 2010 showed nearly a quarter fewer transactions than in 2009, but the average closing time was less than a month.   The average sales price increased by 13%. Sellers were quick to negotiate, accepting 12% less than the original listing price. If you are a buyer, now is the time. If you are a seller, be patient.   As of this post, there are 16 single family residences on the market, ranging in list price from $100,000 to $1.99 million. The average list price is just over $336,000.    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.     01/28/2011

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 December median sales price for Poulsbo was $288,500, up about 14% from a year ago and up about 1% from last month. The more stable three month moving average closed sale price was $306,000, about 8% higher than a year ago.  The Kitsap County 3 month moving average median price is 3% lower than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo fell 39% from a year ago. The 3 month moving average of closed sales is down 21% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales rose 13% from a year ago. The Poul... 01/11/2011

 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.         01/09/2011

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 November median sales price for Poulsbo was $285,000, down about 2% from a year ago and down 17% from last month. The more stable three month moving average closed sale price was $308,735, about 4% higher than a year ago.  The Kitsap County 3 month moving average median price is 3% lower than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo fell 41% from a year ago. The 3 month moving average of closed sales is down 26% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 25% from a year ago. The Poulsb... 12/09/2010

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) 12/09/2010

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 listi... 11/09/2010

 Closed Transactions Month of October   Seventy-two percent fewer closings this October than last year.   Transactions closed much faster.  The average selling price was up by twelve  percent.    Inventory in Poulsbo gives you plenty of choice. It's still a buyer's market   If you would like details of the home that closed in your neighborhood, call or email me.                     11/04/2010

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 September median sales price for Poulsbo was $296,705, down about 1% from a year ago and down about 7% from last month. The more stable three month moving average closed sale price was $311,402, about 7% higher than a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo fell 17% from a year ago. The 3 month moving average of closed sales is down 20% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 50% from a year ago. The ... 10/19/2010

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 August median sales price for Poulsbo was $319,750, up about 10% from a year ago and up less than 1% from last month. The more stable three month moving average closed sale price was $332,333, about 15% higher than a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago.  The 3 month moving average number of closed sales in Poulsbo fell 30% from a year ago. The 3 month moving average of closed sales is down 15% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 42% from a year ago. The P... 09/14/2010

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 July median sales price for Poulsbo was $317,750, up about 12% from a year ago and down about 11 % from last month. The more stable three month moving average closed sale price was $322,446, about 4% 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 rose 2% from a year ago. The 3 month moving average of closed sales is down 3% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 41% from a year ago. The Poulsb... 08/11/2010

Closed Transactions July 15-21 A subscriber emailed me this week: "Jeez, Paul, can't you make these reports less like objective Wall Street Journal reports and more fun like we see on Fox News?" Well okay, Tim, this headline's for you. Bet you opened it, too! I guess I can fun it up a little, but I won't lie about the statistics. okay The good news: the market is picking up, especially in Poulsbo, and buyers are snapping up well-priced homes quickly. Buyers are offering 92-100% of what sellers are asking. The hard news: selling prices lower on average than last year during this period. If you'd like the selling details of the home that closed in your neighborhood,  just ask.                           07/22/2010

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 June median sales price for Poulsbo was $359,500, up about 24% from a year ago. This rise in price reflects a change in the distribution of sales rather than an increase in all market closed sale prices. With expiration of the homebuyer tax credit, fewer first time buyers are in the market, while the low interest rates are still attracting move up and downsizing buyers who want to move in the summer. The more stable three month moving average closed sale price was $320,529, about 1% higher than a year ago.The Kitsap County 3 month moving average median price is 2% ... 07/19/2010

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 May median sales price for Poulsbo was $290,087, down about 18% from a year ago. The more stable three month moving average closed sale price was $307,362, about 6% lower than a year ago. The Kitsap County 3 month moving average median price is 3% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 56% from a year ago. The 3 month moving average of closed sales is up 25% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales fell 18% from a year ago. Recall this number includes pending short sales... 06/08/2010

  Closed Transactions May 15-21 Except for Silverdale, the numbers indicate the market continues to strengthen. The single quick sale in Silverdale is an example of what happens when a home is priced well: the transaction closed in three weeks and brought an offer 5% over the list price. For the second straight week, Kingston was far ahead of last year's activity at this time. Poulsbo showed improvement in all categories. Bainbridge Island average sales price declined. If you'd like the selling details of the home that closed in your neighborhood,  just ask.                   05/23/2010

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 $312,000, up about 2% from a year ago. The more stable three month moving average closed sale price was $308,483, about 10% higher than a year ago. The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 18% from a year ago. The 3 month moving average of closed sales is up 20% Countywide from a year ago.  The 3 month moving average of pending sales was up 13% in Poulsbo. Recall this number includes pending short sal... 05/18/2010

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 March median sales price for Poulsbo was $293,450, up about 40% from a year ago, but sales a year ago were at a low point. The more stable three month moving average closed sale price was $278,400, about 5% lower than a year ago. The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 57% from a year ago. The 3 month moving average of closed sales is up 55% Countywide from a year ago.  The 3 month moving average of pending sales was up 25% in Poulsbo. Reca... 04/14/2010

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 February median sales price for Poulsbo was $293,450, up about 40% from a year ago, but sales a year ago were at a low point. The more stable three month moving average closed sale price was $278,400, about 5% lower than a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 57% from a year ago. The 3 month moving average of closed sales is up 55% Countywide from a year ago.  The 3 month moving average of pending sales was up 25% in Poulsbo. Recall this... 03/16/2010

Closed Transactions March 8-14 The market remains sluggish except for Poulsbo. The numbers indicate that we are still in a strong buyer's market. Prices are generally lower than even last year. Expect increased activity as the tax credit deadline approaches. If you'd like the selling details of the home that closed in your neighborhood,  just ask. 03/16/2010

Closed Transactions Feb 8-14   Significantly more activity this week in all four areas. Sales in Poulsbo and Kingston very fast, with sales prices nearly matching list prices. Bainbridge sellers are still apparently willing to wait a long time for their buyers.   If you'd like the selling details of the home that closed in your neighborhood,  just ask.     02/14/2010

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 January median sales price for Poulsbo was $287,500, down about 6% from a year ago. The more stable three month moving average closed sale price was $277,709, about 17% lower than a year ago. The Kitsap County 3 month moving average median price is 2% lower than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 67% from a year ago. The 3 month moving average of closed sales is up 57% Countywide from a year ago.  The 3 month moving average of pending sales was up 44% in Poulsbo. Recall this number includes pending short sales and n... 02/12/2010