Silverdale, WA Real Estate News

By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a September median price of about $260,000, 6% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale price was $295,467, about 4% higher than a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was down 53% from a year ago. The 3 month moving average of closed sales is down 20% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in September fell 13% from a year ago. The number of active listings in Silverdale (100) is 8% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 14.2 months,  slower than the 11.4 m...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
During the month of August  5 homes that sold in Silverdale, which is about a 50% decline over the last couple of months. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available.  Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Kitsap 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 Port Orchard Washington.   Let’s look at those 5 Silverdale homes - Average List Price $264,280 $148 per sq ft Average Sold Price $246,900 $138 per sq ft The a...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a July median price of about $383,500, 25% higher than a year ago. This rise is the result of a change in the price distribution of  homes sold - fewer low priced sales and more mid to high priced sales. Silverdale's more stable 3 month moving average median closed sale price was $301,150, about 18% higher than a year ago. The Kitsap County 3 month moving average median price is 1% higher than it was a year ago.   The 3 month moving average for Silverdale's number of closed sales was down 30% from a year ago. The 3 month moving average of closed sales is down 3% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in July fell 52% from a year ago. The number of active listings in Silverdale (109) is down 2% from last mo...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
During the month of June there were 12 homes that sold in Silverdale.  These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available.  Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Kitsap 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 Port Orchard Washington.   Let’s look at those 12 Silverdale homes - Average List Price $340,044 $164 per sq ft Average Sold Price $312,804 $151 per sq ft The average sq ft of these 12 Silverdale homes was 2078...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a June median price of about $274,950, 19% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale price was $256,317, about 13% lower than a year ago. The Kitsap County 3 month moving average median price is 2% lower than it was a year ago.   The 3 month moving average for Silverdale's number of closed sales was up 8% from a year ago. The 3 month moving average of closed sales is up 17% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in June fell 33% from a year ago. The number of active listings in Silverdale (111) is up 13% from last month and 52% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.5 months,  worse th...
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Silverdale Home – Best Buy Pick This week’s Best Buy Home for Sale is in Silverdale, WA.  After skipping over Silverdale several times because I could not identify home that I considered a best buy, this home with a view of the Hood Canal and Olympic Mountains came on the market.  This Silverdale view home has 3 bedroom, 3.25 bath, 3502 square feet and is situated on .97 acres.  The home is located at 7505 NW Mountain Vista Lane, in the Sunset Farms development.  The home is priced at $480,000 and is a short sale, meaning the price is more than what is owed to the bank by the seller.  The home is assessed at $612,090 and was purchased by the current seller in 2002 for $410,000 – I guess he must have re-financed which is why it’s a short sale.  This Silverdale home is a daylight rambler...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a May median price of about $245,000, 12% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale price was $266,333, about 1% lower than a year ago. The Kitsap County 3 month moving average median price is 3% higher than it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was up 17% from a year ago. The 3 month moving average of closed sales is up 25% Countywide from a year ago.  The number of Silverdale pending sales in May is up 5% from a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (98) is 14% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month)...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a April median price of about $249,000, a sharp drop from $305,000 last month. This median is 6% lower than a year ago. Silverdale's more stable 3 month moving average median closed sale prince in March of $269,975 was up about 3% 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 10% from a year ago. The 3 month moving average of closed sales is up 20% Countywide from a year ago.  The number of Silverdale pending sales in April is up 35% 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 6% higher than a year ago. The inv...
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  Best Buy Home for Sale – Silverdale, WA This week’s Best Buy Home for Sale is in Silverdale, WA.  This best buy home is located at 10888 Hillsboro Dr NW, Silverdale, WA 98383, which is off of Ridgetop Blvd.  This 1991 built home is a 2-story, 2443 square feet, 4 bedroom, 2 1/2 bath, 2 car garage on .19 acres.  We consider this a best buy home for sale because it is listed at $319,900 and it offers a large master bedroom with a vaulted ceiling, a walk-in closet, hardwood floors, and has been updated with granite tile countertops, stainless steel appliances and a new roof in 2009.  This Silverdale home was purchased in 2006 for $362,000 and is currently assessed at $285,120.  Many factors go into qualifying this Silverdale home as a best buy, including it’s price compared to other simil...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Week two - A weeks worth of market data for the Silverdale real estate community. Here is the real estate market data between Monday, April 19 through Sunday, April 25th. Each week I will give an update that will include the previous week, Monday through Sunday. Might be fun. My new IDX site (home search site) went live this last week, so I am able to embed in each post some new data. I thought this week I would put the listings that came on the market in the last 7 days. Hope you have a great week! If you need any real estate help just let me know - call the office 360-830-6195, or my cell 360-990-1433 or send a text to 360-990-1433 or email me. I would love to help you with your real estate needs. Silverdale Real Estate Market Residential homes on the market - 86 Pending this last wee...
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By Brenda Prowse
(Prowse and Company)
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 m...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
During the month of March there were 11 (6 more than February) homes that sold in Silverdale. These Silverdale 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 Kitsap 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 Silverdale Washington. Let’s look at those 5 Silverdale homes that sold in March - Average L...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a February median price of about $255,925. This median is about the same as a year ago. Silverdale's more stable 3 month moving average median closed sale prince in January of $253,308 was down about 3% from a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was the same as 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 February is the same as a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (72) is 17% lower than a year ago. The inventory turnover (total homes on the...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  During the month of February there were 5 (1 less than January) homes that sold in Silverdale. These Silverdale 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 Kitsap 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 Silverdale Washington. Let’s look at those 5 Silverdale homes that sold in February - Aver...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Closed Transactions March 1-7 Selling prices were up in Silverdale, Kingston, and Bainbridge Island (a $2+ million dollar sale skewed the numbers here). Homes sold much more quickly this week in Silverdale, Poulsbo, and Kingston. Again, the numbers in Bainbridge were skewed--very expensive homes sit on the market much longer. If you'd like the selling details of the home that closed in your neighborhood,  just ask.
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a January median price of about $230,000. This median is down 4% percent from a year ago. Silverdale's more stable 3 month moving average median closed sale prince in December of $259,667was up about 2.5% from a year ago. The Kitsap County 3 month moving average median price is 2% lower than it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was 57% higher than a year ago. The 3 month moving average of closed sales is up 57% Countywide from a year ago.  The number of Silverdale pending sales in January is up 10% from a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (65) is 14% lower than a year ago. The inventory turnover (total homes on...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
During the month of January there were 6 (4 less than December) homes that sold in Silverdale. These Silverdale 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 Kitsap 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 Silverdale Washington. Let’s look at those 6 Silverdale homes that sold in January - Average...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
During January in Kitsap County there were 490 new listings added to the existing inventory which brought the number of homes, town-homes and condominiums  to 1619.  During this same time 259 homes went to the pending status, which means there was an offer written and accepted with a closing date in the future.  January came to a close with 177 homes sold in Kitsap County.  The average sales price was $274,479 and the median price was listed as $224,000. The statistics for Bremerton are here -   | Bremerton WA Real Estate | January Homes SOLD 2010 It is finally official. The hombuyer’s tax credit has been extended to April 30, 2010 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 ...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a December median price of about $274,000. This median is down 4% percent from a year ago. Silverdale's more stable 3 month moving average median closed sale prince in December of $275,417 was up about 5% from a year ago. The Kitsap County 3 month moving average median price is just about the same as it was a year ago.  The 3 month moving average for Silverdale's number of closed sales was 8% higher than a year ago. The 3 month moving average of closed sales is up 39% Countywide from a year ago.  The number of Silverdale pending sales in December is up 44% from a year ago, but recall this number includes pending short sales that may not close. The number of active listings in Silverdale (62) is 25% lower than a year ago. The inventory turnover (total...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Silverdale WA Real Estate | December Homes Sold | Homes Sold in Silverdale WA 2009 During the month of December there were 10 (5 less than November) homes that sold in Silverdale.  These Silverdale  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 Kitsap 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 Si...
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