Brian Wilson - 360.689.2466 | Jana Salmans - 360.509.9684

Poulsbo Real Estate Trends for November 2012 with 18 Months of Sales & Price Data

Poulsbo Sales, Prices and Trends November 2012

Poulsbo Sales, Prices and Trends November 2012

Poulsbo real estate sales for the month of November 2012 were similar to the data for November of a year ago and also followed similar trends to Kitsap County as a whole.  The number of homes sold was only slightly reduced from the previous month (29 homes sold compared to 33), while the average selling price remained about the same.

The average selling price for the month of November was $296,182, while it was $297,959.  While the number of homes sold dropped slightly, the fact that selling prices remained at a consistent and strong level indicates that it is still a good time to sell your home on the market in Poulsbo!

While home sales are definitely slower during the holidays and the Winter months, there are also fewer homes available on the market, meaning less competition.  If you are planning to sell your home, being contrary and listing now may be an advantage compared to waiting until the Spring when the number of homes on the market will increase significantly.   In fact, in some price points and for certain types of properties there are almost no competing listings so there are great opportunities for selling your home now and we are available to help you get the best deals and fastest sale.

Distressed property sales in Poulsbo during November accounted for 14% of total sales, which is slightly less than the 15% during October and less than all of Kitsap County which was at 22% of sales for November.  Overall, Poulsbo is doing better than other areas in both consistency of selling prices & with consistently fewer distressed properties being sold.

Thank You for visiting our Blog.

By Briana Wilson
Reviewed by Brian Wilson, Broker

 

 

19723 10th Ave NE; Suite 200
Poulsbo, WA 98370

 

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