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Silverdale Real Estate Market - November 2011

By
Real Estate Agent with Prowse and Company
Homes in Silverdale were selling for a November median price of about $280,750, 1% lower than a year ago and 8% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $253,583, 7% higher than last month and about 6% lower than a year ago. The Kitsap County 3 month moving average median price is about 2% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 52% higher than a year ago. The 3 month moving average of closed sales is up 8% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in November was 58% higher than a year ago. The number of active listings in Silverdale (91) is 6% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 9.1 months, slower than the 5.4 months reported last month and faster than the 9.7 month turnover of a year ago. Silverdale is a buyer's market

Silverdale Real Estate - November 2011
Median Price 3 mo Ave Price 3 mo Ave Closed Sales 3 mo Ave Pending Sales Inventory Turnover (months)
November 2011 $260,000 265,833 14 19 9.1
October 2011 $260,000 237,500 15 22 5.4
November 2010 $264,000 295,467 9 12 9.7

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Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)