Homes in Silverdale were selling for a January median price of about $219,500, 19% lower than a year ago and 16% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $253,983, 5% lower than last month and about 3% lower than a year ago. The Kitsap County 3 month moving average median price is about 10% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 9% higher than a year ago. The 3 month moving average of closed sales is down 5% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in January was 70% higher than a year ago. The number of active listings in Silverdale (81) is 12% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.1 months, slower than the 5.9 months reported last month and faster than the 8.4 month turnover of a year ago. Silverdale is a buyer's market.

 

 

Silverdale Real Estate - January 2012
Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
January 2012 $219,500 253,983 11 17 8.1
December 2011 $261,700 267,483 14 19 5.9
January 2011 $270,000 261,667 10 10 8.4

 

 

More About Silverdale Real Estate

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

 

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Brenda Prowse

Poulsbo, WA

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Prowse and Company

Address: 18887 State Hwy 305, Ste 600, Poulsbo, WA, 98370

Office Phone: (360) 779-2888

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