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Silverdale Real Estate Market - December 2011

By
Real Estate Agent with Prowse and Company

Homes in Silverdale were selling for a December median price of about $261,700, 14% higher than a year ago and 7% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $267,483, 5% higher than last month and about 3% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 50% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in December was 90% higher than a year ago. The number of active listings in Silverdale (82) is 9% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.9 months, faster than the 9.1 months reported last month and faster than the 11.3 month turnover of a year ago. Silverdale is a buyer's market.

 

Silverdale Real Estate - December 2011
Median Price3 mo Ave Price3 mo Ave Closed Sales3 mo Ave Pending SalesInventory Turnover (months)
December 2011 $261,700 267,483 14 19 5.9
November 2011 $280,750 253,583 14 19 9.1
December 2010 $230,000 259,667 9 12 11.3

More About Silverdale Real Estate

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)