Please keep in mind that it's the first month of a new year, so the year-to-date numbers may be quite variable compared to last month. Homes in Silverdale were selling for a median price of about $397,500 at the end of January, up about 40% from a year ago (this is a case where the low number of new year sales distorts the picture). The Kitsap County median closed sale price has fallen less than 1% over the past year. The number of YTD closed sales was down 50% from a year ago, compared to a drop in closed sales of 24% for the County as a whole. The number of pending sales YTD is down 17% from a year ago. The number of active listings in Silverdale (101) is 10% higher than a year ago, and it's also 10% higher than it was at the end of December. The inventory turnover (total homes on the market divided by number sold last month) is 14 months.
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