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