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Silverdale WA Real Estate | October Homes Sold | Homes Sold in Silverdale WA 2009

By Jo Olson

Real Estate Broker/Owner with HOMEFRONT Realty WA State Licence #23384

November 04, 2009 05:34 AM

Silverdale Homes For Sale Silverdale WA Real Estate | October Homes Sold | Homes Sold in Silverdale WA 2009

During the month of October there were 10 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Silverdale Washington.

Let's look at those 10 Silverdale homes that sold in October -

Average List Price

$311,865
$147 per sq ft

Average Sold Price

$307,150
$148 per sq ft

The average sq ft of these Silverdale homes was 2173 sq ft. These homes spent an average of 156 days on the market (DOM). DOM longer than previous month.

The list to sale ratio for these homes was 98.49 percent. What that meas is that buyers offered 98.49% of what the seller requested.

Not a bad time to purchase a home in Silverdale, Washington. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan!

Over the next couple of days we should know if the $8,000 tax credit will be extented and if it will include other buyers. Check out the information and bookmark so once I can post the information you will get it quick.

Read the information I have written about the program here

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Silverdale Real Estate 2009 Market Reports