Homes in Silverdale were selling for a October median price of about $260,000, 2% lower than a year ago and 18% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $237,500, 11% lower than last month and about 7% lower than a year ago. The Kitsap County 3 month moving average median price is about 7% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 73% higher than a year ago. The 3 month moving average of closed sales is up 17% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in October was 69% higher than a year ago. The number of active listings in Silverdale (98) is 1% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.4 months, faster than the 8.3 months reported last month and faster than the 9.7 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)| October 2011 |
$260,000 |
265,833 |
15 |
22 |
5.4 |
September 2011 |
$220,000 |
265,833 |
13 |
21 |
8.3 |
October 2010 |
$264,000 |
295,467 |
9 |
13 |
9.7 |
|
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