The market and business have been very busy in the previous couple of months and I didn’t have the time to publish the Poulsbo Real Estate Home Sales data report for May. This was the first month since beginning the blog that I was unable keep up with the reports and active business. Has the market improved and is it busy? Yes!
There were 36 homes Sold in Poulsbo during the month of May 2012 and in June there were 38 homes Sold, which is the largest number of monthly home sales in the Poulsbo area since October of 2009!
Another market health indicator is the number of distressed properties (REO foreclosures & Short Sales) sold in Poulsbo as a percentage of total home sales, declined to 28% in May and only 13% in June!
The median home price in Poulsbo went from $250,500 in May to $298,500 in June and the average days on market was identical for both months at 107 days.
The market is strong across all price points, interest rates are very low and it is a great time to Buy or Sell a home.
If you have any questions or would like specific information not presented here, please let us know and we’ll be happy to assist you.
Thank you for visiting our blog.
–Brian Wilson, Broker
19723 10th Ave NE; Suite 200
Poulsbo, WA 98370