![]() |
|
|
Homes in Silverdale were selling for a January median price of about $219,500, 19% lower than a year ago and 16% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $253,983, 5% lower than last month and about 3% lower than a year ago. The Kitsap County 3 month moving average median price is about 10% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 9% higher than a year ago. The 3 month moving average of closed sales is down 5% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in January was 70% higher than a year ago. The number of active listings in Silverdale (81) is 12% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.1 months, slower than the 5.9 months reported last month and faster than the 8.4 month turnover of a year ago. Silverdale is a buyer's market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)
|
| January 2012 |
$219,500 |
253,983 |
11 |
17 |
8.1 |
December 2011 |
$261,700 |
267,483 |
14 |
19 |
5.9 |
January 2011 |
$270,000 |
261,667 |
10 |
10 |
8.4 |
|
![]() |
|
|

![]() |
|
|
During the month of December there were 13 homes that sold in Silverdale, Washington. These homes all have the city listed as Silverdale. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Silverdale WA homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the King County courthouse that transferred the property into the new home owner’s name!
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Auburn Washington.
Let’s look at those 13 Silverdale WA homes -
The median listed price for these 13 homes was $274,975 and the median sold price was $278,000. Looks like some buyers might have needed to add some closing costs onto the purchase price or through negotiations the price was increased. The days on market was 84 days.
Not a bad time to purchase a home in Silverdale, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you. What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful. If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis. If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them. “Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”
![]() |
|
Please note: we are comparing closings during December of this year and last year.
Silverdale reported no change in closed transactions.
Transactions took two-and-a-half months longer to close The average selling price was eight percent higher.
Sellers accepted five percent less than they originally asked. Silverdale is moving toward a seller's market.
There are plenty of homes in inventory (82--three fewer than last month) at all price ranges (the lowest listing is $120,000, the highest is $2.8).
Average listing price is $369,000 with a median of $275,000.
![]() |
|
|
There is great excitement in the real estate air here in Kitsap County WA. Keller Williams West Sount Realty has recently signed a 5-year lease for space next door to Forza in the Town Centre Plaza in Silverdale WA. Tenant improvements are underway with a Grand Opening sometime in late February to early March.
The Keller Williams Real Estate Hub in Kitsap County WA will be a relatively new concept in retail real estate office space, offering a consumer-centric, technology-driven resource center for new & current area residents.
It will also provide an efficient wireless technology environment for agents/brokers to connect and quickly accomplish work-related tasks.
Roughly a third of the space will be dedicated to providing technology tools and resources for consumer clients. Everything relating to real estate and living life on the Kitsap Peninsula will be readily available, including information on area schools, local businesses, current events, recreational attractions, etc.
Discounts & coupons for products/services will be made regularly available through partnerships with local businesses.
A computer/monitor station will be available for visitors to perform their property searches and print out information from the Internet.
Another section of the space will offer high counter work stations where agents/brokers can plug in their laptops, tablets, or mobile devices, connect to the Internet Wi-fi, print up contracts, scan/email documents, etc..
A small private conference room will offer agents/brokers additional space to meet with their clients.
This location offers great visibility exposure and high traffic potential. Forza and the surrounding businesses in the Town Centre Plaza are very popular with area residents, including the new Fujiyama Japanese Steakhouse and the new Blu-Berry Frozen Yogurt.
If you want more information on the new Keller Williams Property Hub, simply call (360) 440-4758.

Rich Jacobson is a licensed real estate professional with Keller Williams West Sound, providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife, SoundBiteBlog, and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2013 ActiveRain Corp. All Rights Reserved