Homes in Silverdale were selling for a August median price of about $270,000. This median is down 2% percent from a year ago. Silverdale's more stable 3 month moving average median closed sale prince in August of $308,500 was up about 9.4% from a year ago. The Kitsap County 3 month moving average median price is down 9% compared to a year ago.  The 3 month moving average for Silverdale's number of closed sales was 36% higher than a year ago, compared to a rise in closed sales of 12% for the County as a whole. The number of Silverdale pending sales in August is up 33% 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 34% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.5 months, worse than last month's rate of 3 months but still very good compared to many areas. Silverdale is looking now like a seller’s market, but there appears to be a large shadow inventory of unsold homes not currently on the market that will deter prices from rising.

Silverdale Real Estate - August 2009
  Median Price 3 mo Ave Price 3 mo ave Closed Sales 3 mo ave Pending Sales Inventory Turnover (months)
Aug 2009 $270,000 306,000 19 20 5.5
July 2009 $308,000 308,500 19 23 3

Aug 2008

 $275,900 279,633 14 20 19.1