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Silverdale Real Estate Market - April 2012

By
Real Estate Agent with Prowse and Company

Homes in Silverdale were selling for a April median price of about $222,100, 20% lower than a year ago and 13% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $222,325, less than a percent higher than last month and about 18% lower than a year ago. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 86% higher than a year ago. The 3 month moving average of closed sales is up 4% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in April was 44% higher than a year ago. The number of active listings in Silverdale (76) is 29% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.4 months, a bit slower than the 4.9 months reported last month and faster than the 11.9 month turnover of a year ago. Silverdale is a buyer's market.

Silverdale Real Estate - April 2012
Median Price3 mo Ave Price3 mo Ave Closed Sales3 mo Ave Pending SalesInventory Turnover (months)
April 2012 $222,100 222,325 13 26 5.4
March 2012 $254,225 221,458 12 23 4.9
April 2011 $276,000 270,333 7 18 11.9

More about Silverdale Real Estate

Posted by

Brenda Prowse
Broker/Owner - Prowse and Company

Certified Distressed Property Expert (CDPE)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Brenda - Excellent real estate market report for the Silverdale area.  Buyers and sellers will find your information very helpful.  Nicely done!

May 23, 2012 08:15 AM