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Silverdale Real Estate Market - December 2010

By
Real Estate Agent with Prowse and Company

Homes in Silverdale were selling for a December median price of about $230,000, 16% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale price was $259,667, about 6% lower than a year ago.  The Kitsap County 3 month moving average median price is 3% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales was down 20% from a year ago. The 3 month moving average of closed sales is down 21% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in December fell 23% from a year ago. The number of active listings in Silverdale (90) is 45% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 11.3 months,  slower than the 9.7 months reported last month and slower than the 5.2 month turnover of a year ago. Silverdale is  a buyer's market.

Silverdale Real Estate - December 2010
Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
December 2010 $230,000 259,667 9 10 11.3
November 2010 $264,000 255,633 9 13 9.7
December 2009 $274,000 275,417 12 13 5.2

More About Silverdale Real Estate Market

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

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