Silverdale Real Estate Market

Silverdale Real Estate Market Trends

Homes in Silverdale were selling for a December median price of about $261,700, 14% higher than a year ago and 7% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $267,483, 5% higher than last month and about 3% higher than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 50% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in December was 90% higher than a year ago. The number of active listings in Silverdale (82) is 9% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.9 months, faster than the 9.1 months reported last month and faster than the 11.3 month turnover of a year ago. Silverdale is a buyer's market.

**Silverdale Real Estate - December 2011**
	Med price	3mo price	3 mo. Ave. closed sales	3 mo. Ave. Pending Sales	Inventory Turnover (months)
December 2011	$261,700	267,483	14	19	5.9
November 2011	$280,750	253,583	14	19	9.1
December 2010	$230,000	259,667	9	12	11.3

Silverdale listing inventory

Silverdale Closed Sales

Silverdale median price

Prowse and Company
Real Estate
Brenda Prowse, Broker
18887 State HWY 305 NE, Suite 600
Poulsbo, WA 98370
Office: (360) 779-2888
Toll Free: (888) 842-0117
Fax: (360) 779-6522
Email: topagent@bprowse.com

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