Poulsbo, WA Real Estate News

By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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.      
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 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.          
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By Brenda Prowse
(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 May median sales price for Poulsbo was $350,000, down about 21% from a year ago and up about 17% from last month. Like in North Kitsap, this rise is the result of a change in the mix of homes sold (a few higher priced homes sold, shifting upward the median, or middle price in the group of sales). It is not a good indicator of rising prices - prices in fact continue to fall. The more stable three month moving average closed sale price was $309,767, about 1% higher than a year ago.  The Kitsap County 3 month moving average median price is about 5% lower than it was a...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
Given the current real estate market dynamics in Kitsap County WA, and the prevalent number of short sale and foreclosure properties being listed (about 30% of all properties), it's rather challenging for traditional Sellers who aren't upside down on their mortgage or facing imminent foreclosure to effectively sell their homes. As a result, many Buyers (and some agents/brokers) assume that every Seller is equally desperate and willing to make huge pricing concessions in order to attract a viable Buyer. Such was the case recently with one of my listed properties. I have the good pleasure of marketing a beautiful home in Central Kitsap. My Sellers take the term 'Pride of Ownership' to a whole different level. To say the home and yard are immaculate does it a disservice. It's one of those ...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 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.        
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
The following is a brief overview and analysis of the combined single-family home and condo market within Kitsap County, Washington for June 2011, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA. Properties currently active on the market:  1794 Properties closed in the last 180 days:  1129 Average Sales Price:  $ 267,248 Average List Price:  $ 278,201 Ratio of List Price to Sales Price: 96% Average Days on Market: 153 Sales Pending this Week: 68 Bainbridge Island WA statistics separately: (Area 170) Properties currently Active on the market:  288 Properties closed in last 180 days:  153 Average Sales Price:  $570,792 Average List Price:  $619,295 Ratio of List Price to Sales Price: 92% Average Days on Market: 227 Sales Pending this week: 6 Weekly Property Type Br...
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By Brenda Prowse
(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...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 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.      
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By Brenda Prowse
(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 March median sales price for Poulsbo was $279,800, down about 13% from a year ago and up about 2% from last month. The more stable three month moving average closed sale price was $293,891, about 2% 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 23% from a year ago. The 3 month moving average of closed sales is down 12% Countywide from a year ago. Poulsbo's 3 month moving average of pending sales was unchanged from a year ago. The...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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.  
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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.    
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By Brenda Prowse
(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 February median sales price for Poulsbo was $274,874, down about 6% from a year ago and down about 16% from last month, when the median spiked to $327,000. The more stable three month moving average closed sale price was $296,791, about 7% higher than a year ago.  The Kitsap County 3 month moving average median price is about 1% higher than it was a year ago. The 3 month moving average number of closed sales in Poulsbo rose 15% from a year ago. The 3 month moving average of closed sales is down 7% Countywide from a year ago.  Poulsbo's 3 month moving average of pen...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 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.    
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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.          
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By Brenda Prowse
(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 January median sales price for Poulsbo was $327,000, up about 14% from a year ago and up about 13% from last month. The more stable three month moving average closed sale price was $277,109, about 8% higher 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 20% from a year ago. The 3 month moving average of closed sales is down 18% Countywide from a year ago.  Poulsbo's 3 month moving average of pending sales rose 23% from a year ago. The ...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
.fullpost { display: inline; }  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.  
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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.    
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By Brenda Prowse
(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 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...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
 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.        
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By Brenda Prowse
(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 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...
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