Is Poulsbo, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Poulsbo has remained a Seller's Market.
Key Takeaway
Poulsbo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poulsbo, WA
How much do homes in Poulsbo, WA cost?
Median Sold Price
$649,995
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Poulsbo have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Poulsbo was $649,995 in May 2024, up 6.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $369.9K | $255K | -31.1% |
| 2 Bedrooms | $420K | $490K | +16.7% |
| 3 Bedrooms | $593.5K | $623.1K | +5.0% |
| 4 Bedrooms | $675K | $689.9K | +2.2% |
| 5+ Bedrooms | $672.4K | $663.6K | -1.3% |
Summary: Poulsbo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in Poulsbo, WA
How many homes are available in Poulsbo, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 130 | 145 | +11.5% |
Summary: The Poulsbo real estate market had 145 homes for sale in May 2024, a 11.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 16 | +23.1% |
| 3 Bedrooms | 62 | 73 | +17.7% |
| 4 Bedrooms | 43 | 42 | -2.3% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Poulsbo housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 17.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Poulsbo, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in Poulsbo in May 2024, up by 23.5% month-over-month. Of the 42 sold homes, 17% were sold under asking, 43% were sold at asking, and 40% were sold over asking.
Days on Market for Poulsbo, WA
How long does it take to sell a home in Poulsbo, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +11.6% |
Summary: Homes in Poulsbo had an average of 34 days on market in May 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Poulsbo are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 42 homes were sold in Poulsbo; 74% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.