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Silverdale Real Estate Market - June 2011

By
Real Estate Agent with Prowse and Company

 

Homes in Silverdale were selling for a June median price of about $272,000,  1% lower than a year ago and 2% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $271,500, 1% higher than last month and about 6% higher than a year ago. The Kitsap County 3 month moving average median price is about 3% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 20% lower than a year ago. The 3 month moving average of closed sales is down 20% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in June was 13% higher than a year ago. The number of active listings in Silverdale (108) is 3% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.3 months, faster than the 8.8 months reported last month and the 8.5 month turnover of a year ago. Silverdale is  a buyer's market.

Silverdale Real Estate - June 2011
Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
June 2011 $272,000 271,500 11 18 8.3
May 2011 $266,500 269,167 9 17 8.8
June 2010 $274,950 256,317 14 16 8.5

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Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)