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Silverdale Real Estate Market - March 2012

By
Real Estate Agent with Prowse and Company

Homes in Silverdale were selling for a March median price of about $254,225, 4% lower than a year ago and 33% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $221,458, 1% lower than last month and about 18% lower than a year ago. The Kitsap County 3 month moving average median price is about 14% 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 3% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in March was 77% higher than a year ago. The number of active listings in Silverdale (79) is 19% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 4.9 months, considerably faster than the 8.8 months reported last month and faster than the 14 month turnover of a year ago. Silverdale is a buyer's market.

Silverdale Real Estate - March 2012
Median Price3 mo Ave Price3 mo Ave Closed Sales3 mo Ave Pending SalesInventory Turnover (months)
March 2012 $254,225 221,458 12 23 4.9
February 2012 $190,650 223,950 11 19 8.8
March 2011 $265,000 268,333 8 13 14.0

More about Silverdale Real Estate

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

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