{"id":2890,"date":"2013-12-10T17:38:20","date_gmt":"2013-12-11T00:38:20","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=2890"},"modified":"2013-12-10T19:10:30","modified_gmt":"2013-12-11T02:10:30","slug":"poulsbo-3-month-home-sales-trends-september-november-2013","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2013\/12\/10\/poulsbo-3-month-home-sales-trends-september-november-2013\/","title":{"rendered":"Poulsbo 3 Month Home Sales & Trends September-November 2013"},"content":{"rendered":"
\"Poulsbo<\/a>

Poulsbo home sales and average selling prices decrease from October, but best November 2012 home sales. Record number of homes Sold in October!<\/p><\/div>\n

49 homes were sold in Poulsbo during October 2013<\/strong>, which is the highest monthly sales we have seen in the past 5+ years!\u00a0<\/strong> More impressive, is the relative consistency in high numbers of monthly home sales since May. \u00a0 June through October have all showed sales near record levels between 40-49 homes.\u00a0<\/strong> November home sales decreased to 35, but still show a marked improvement from the 29 sold during the same period last year.<\/p>\n

The average selling price between August & September remained virtually the same at $271,208 and the median price for homes in September was $259,500.<\/p>\n

During October, the average selling price increased to $339,306, well above the 270K we have seen the past 2 months, and is the highest\u00a0 in the past 18 months.\u00a0<\/strong>\u00a0\u00a0 The Median selling price in October 2013 was $315,190 which was about 4.4% above the same period one year ago.<\/strong>\u00a0 Clearly, October was the month to sell higher priced homes in Poulsbo.<\/p>\n

November’s average selling price was $293,050<\/strong>, which is a bit weaker compared with October, and the Median dropped to $269,900<\/strong> which is about 7% below<\/span><\/strong> the median from the same period one year ago<\/strong>.\u00a0 A big factor in this is the increased number of lower priced new construction homes that comprise the data.<\/p>\n

An indicator of a tightening market is the decreasing difference between the average initial asking prices compared with the average actual selling prices<\/strong><\/em>.\u00a0 \u00a0\u00a0 Over the course of the year the average\u00a0 difference has been about 3.08%<\/strong>.\u00a0 During the month of September this dropped to 1.15%<\/strong> which is the lowest differential between average asking and average selling prices we’ve seen in more than 18 months.\u00a0 This is closely linked to supply and demand.\u00a0 With decreasing supply and increasing demand prices firm and that’s what this differential shows.<\/strong><\/p>\n

The average time on market dropped in September & November to 69 and 64 Combined Days on Market (CDOM).\u00a0\u00a0 These represent the lowest time on market in over a year and are another indicator of a tightening market. \u00a0 Compare this to the CDOM in September of 2012 which was 132 days!<\/p>\n

Distressed properties comprised a consistently lower percentage of total sales in Poulsbo than for the County as a whole, though the actual number of distressed home sales remains stubbornly consistent.<\/strong><\/p>\n

Thank you for visiting our Blog! We hope to see you again soon and please subscribe to our RSS Feed<\/strong><\/a> if you would like to stay updated with our posts and information.
\n<\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\nSeptember 2013<\/td>\nOctober\u00a0\u00a0 2013<\/td>\nNovember 2013<\/td>\n<\/tr>\n
Avg. Original $<\/td>\n$274,351<\/td>\n$361,223<\/td>\n$305,188<\/td>\n<\/tr>\n
Avg. Listing $<\/td>\n$271,606<\/td>\n$351,866<\/td>\n$300,424<\/td>\n<\/tr>\n
Avg. Selling $<\/td>\n$271,208<\/td>\n$339,306<\/td>\n$293,050<\/td>\n<\/tr>\n
Median Selling $<\/td>\n$259,500<\/td>\n$315,190<\/td>\n$269,900<\/td>\n<\/tr>\n
$\/sq ft<\/td>\n$138<\/td>\n$162<\/td>\n$149<\/td>\n<\/tr>\n
TTL # sold<\/td>\n40<\/td>\n49<\/td>\n35<\/td>\n<\/tr>\n
CDOM<\/td>\n69<\/td>\n84<\/td>\n64<\/td>\n<\/tr>\n
DOM<\/td>\n63<\/td>\n82<\/td>\n54<\/td>\n<\/tr>\n
TTL # Distressed\/%<\/td>\n5\/13%<\/td>\n8\/16%<\/td>\n6\/17%<\/td>\n<\/tr>\n
SS<\/td>\n2<\/td>\n5<\/td>\n1<\/td>\n<\/tr>\n
REO<\/td>\n3<\/td>\n3<\/td>\n5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Brian Wilson, Broker<\/a><\/strong><\/em>; mobile:\u00a0360-689-2466<\/h2>\n

-and-<\/strong><\/p>\n

Jana Salmans, Managing Broker<\/a>;<\/strong><\/em> mobile:\u00a0360-509-9684<\/h2>\n

John L. Scott Real Estate
\n19723 10th Ave NE; Suite 200<\/strong>
\nPoulsbo, WA 98370<\/strong><\/p>\n

\"jls_logo_trans_200x60\"<\/a><\/p>\n

 <\/p>\n

by Briana Wilson, reviewed and edited by Brian Wilson<\/span><\/strong><\/em><\/span><\/p>\n

Data Source: Northwest MLS (NWMLS)<\/span>
\nThe\u00a0 NWMLS, Brian Wilson or Jana Salmans do not guarantee the accuracy of this data and are not responsible for it\u2019s accuracy.\u00a0 Data from the NWMLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

49 homes were sold in Poulsbo during October 2013, which is the highest monthly sales we have seen in the past 5+ years!\u00a0 More impressive, is the relative consistency in high numbers of monthly home sales since May. \u00a0 June … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[286],"tags":[333,31,373,372,388,360,371],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/2890"}],"collection":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/comments?post=2890"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/2890\/revisions"}],"predecessor-version":[{"id":3047,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/2890\/revisions\/3047"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=2890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=2890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=2890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}