Reposted from http://bprowse.com/silverdale_market

Homes in Silverdale were selling for a April median price of about $249,000, a sharp drop from $305,000 last month. This median is 6% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale prince in March of $269,975 was up about 3% from a year ago. The Kitsap County 3 month moving average median price is less than 1% higher than it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was up 10% from a year ago. The 3 month moving average of closed sales is up 20% Countywide from a year ago.  The number of Silverdale pending sales in April is up 35% from a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (88) is 6% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.9 months, better than the 7 month turnover reported last month. Silverdale is still a buyer's market. 

Silverdale Real Estate - April 2010
  Median Price 3 mo ave Price 3 mo ave Closed Sales 3 mo ave Pending Sales Inventory Turnover (months)
Apr 2010 $249,000 269,975 11 23 5.9
Mar 2010 $305,000 263,642 9 18 7
Apr 2009 $265,000 261,500 10 17 7.6