Homes in Silverdale were selling for a May median price of about $266,500, 9% higher than a year ago and 3% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $269,167, less than a percent lower than last month and about 1% higher than a year ago. The Kitsap County 3 month moving average median price is about 5% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 33% lower than a year ago. The 3 month moving average of closed sales is down 20% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in May was 15% lower than a year ago. The number of active listings in Silverdale (105) is 7% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.8 months, faster than the 11.9 months reported last month and slower than the 7 month turnover of a year ago. Silverdale is a buyer's market.
Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)
| | |
May 2011 | $266,500 | 269,167 | 9 | 17 | 8.8 | |
April 2011 | $276,000 | 270,333 | 7 | 18 | 11.9 | |
May 2010 | $245,000 | 266,333 | 14 | 20 | 7.0 |
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