Is Poulsbo, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poulsbo is a seller's market

Buyer's
Market

Difference Since June 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

$659,544

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$29,549(+4.7%)

Key Takeaway

Homes in Poulsbo have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Poulsbo was $659,544 in June 2024, up 4.7% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $369.9K$250K
-32.4%
2 $419.7K$490K
+16.7%
3 $600K$638.6K
+6.4%
4 $675K$699.9K
+3.7%
5+ $695.5K$663.6K
-4.6%

Summary: Poulsbo housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.4%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 4.6%.

Housing Supply in Poulsbo, WA

How many homes are available in Poulsbo, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
158146-7.6%

Summary: The Poulsbo real estate market had 146 homes for sale in June 2024, a 7.6% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1614
-12.5%
3 7777
0.0%
4 5045
-10.0%
5+ 1510
-33.3%

Summary: The Poulsbo housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

May 2024Jun 2024CHANGE
5045-10.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poulsbo, you could pay more than the asking price. 37.8% of homes here sold above asking price last month.

Summary: A total of 45 homes were sold or pending in Poulsbo in June 2024, down by 10.0% month-over-month. Of the 45 sold homes, 29% were sold under asking, 33% were sold at asking, and 38% 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

Jun 2023Jun 2024CHANGE
28 Days11 Days-59.9%

Summary: Homes in Poulsbo had an average of 11 days on market in Jun 2024, down by 59.9% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Poulsbo are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 45 homes were sold in Poulsbo; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

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