Homes in Silverdale were selling for a February median price of about $270,000, 6% higher than a year ago and unchanged from last month. Silverdale's more stable 3 month moving average median closed sale price was $256,667, 2 percent lower than last month and 1% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% higher than it was a year ago. The 3 month moving average for Silverdale's number of closed sales the same as a year ago. The 3 month moving average of closed sales is down 7% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in February was the same as a year ago. The number of active listings in Silverdale (94) is 31% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 18.8 months, much slower than the 8.4 months reported last month and about the same as the 18 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) | ||
| February 2011 | $270,000 | 256,667 | 8 | 13 | 18.8 | |
| January 2011 | $270,000 | 261,667 | 10 | 10 | 8.4 | |
| February 2010 | $255,925 | 253,308 | 8 | 13 | 18.0 |
Comments(3)