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Silverdale Real Estate Market - January 2010

By
Real Estate Agent with Prowse and Company

Homes in Silverdale were selling for a January median price of about $270,000, a big jump to 41% higher than a year ago. Silverdale's more stable 3 month moving average median closed sale price was $261,667, less than a percent higher than both last month and a year ago.  The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average for Silverdale's number of closed sales was down 15% from a year ago. The 3 month moving average of closed sales is down 18% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in January fell 9% from a year ago. The number of active listings in Silverdale (92) is 42% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.4 months,  faster than the 11.3 months reported last month and slower than the 7.2 month turnover of a year ago. Silverdale is  a buyer's market.

Silverdale Real Estate - January 2011
Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
January 2011 $270,000 261,667 10 10 8.4
December 2010 $230,000 259,667 9 10 11.3
January 2010 $230,000 259,667 11 11 7.2

 

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Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

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