Silverdale Real Estate - March 2010
Reposted from http://bprowse.com/silverdale_market
Homes in Silverdale were selling for a March median price of about $305,000. This median is 16% higher than a year ago. Silverdale's more stable 3 month moving average median closed sale prince in February of $263,642 was up about 4% 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 13% from a year ago. The 3 month moving average of closed sales is up 55% Countywide from a year ago. The number of Silverdale pending sales in March is up 29% from a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (92) is the same as a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 7 months, a better than the 18 month turnover reported last month. Silverdale is still a buyer's market.
| Median Price | 3 mo Ave Price | 3 mo ave Closed Sales | 3 mo ave Pending Sales | Inventory Turnover (months) | |
| Mar 2010 | $305,000 | $263,642 | 9 | 18 | 7 |
| Feb 2010 | $255,925 | $253,308 | 8 | 13 | 18 |
|
Mar 2009 |
$263,000 | $252,833 | 8 | 14 | 9.2 |