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Silverdale, WA Real Estate News

By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a October median price of about $260,000, 2% lower than a year ago and 18% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $237,500, 11% lower than last month and about 7% lower than a year ago. The Kitsap County 3 month moving average median price is about 7% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 73% higher than 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 October was 69% higher than a year ago. The number of active listings in Silverdale (98) is 1% higher than a year ago. The inventory turnover (total homes on the market divided b...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
Just recently, here on ActiveRain, I posted an article that was featured entitled "Are Brick & Mortar Real Estate Offices Becoming a Dinosaur?" The comment stream was wonderfully stimulating and thought-provoking, even better than the article itself! This article was actually a condensed 'teaser' post based on an article that I had published a day earlier on GeekEstateBlog entitled "Real Estate Outside the Box: Questioning the Value of Brick & Mortar" Which leads me to pose yet another question that inquiring minds want to know: If You Were Designing the Real Estate Office of the Future, What Would It Look Like? My basic premise for asking this question is two-fold: The majority opinion from my previous articles clearly indicated a shift away from a traditional brick & mortar real estat...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a September median price of about $220,000, 15% lower than a year ago and 5% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $265,833, 6% lower than last month and about 10% lower than a year ago. The Kitsap County 3 month moving average median price is about 9% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 43% higher than a year ago. The 3 month moving average of closed sales is up 11% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in September was 50% higher than a year ago. The number of active listings in Silverdale (108) is 8% higher than a year ago. The inventory turnover (total homes on the market divid...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale Transactions: Third Quarter 2011 The third quarter of 2011 saw an increase of 22% compared to the third quarter of 2010. The average selling price was 12% percent lower. Sellers accepted seven percent less than they had originally asked. Homes closed five weeks slower. If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.          
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
 Silverdale WA Real Estate | Homes Sold September 2011 During the month of September there were 14 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 ...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
I just posted an article this morning over on The Geek Estate Blog entitled: "Real Estate Outside the Box - Questioning the Value of Brick & Mortar" Having just recently changed brokerages (you can read about it HERE), our owner/partners of Keller Williams West Sound Realty are in the process of identifying/evaluating potential office space here in Kitsap County WA. At first, I naturally envisioned that this would be a traditional 'stand-alone' office space, just like all the other local players have. But then, as I thought about it more, I began to question the value/benefits of having a traditional real estate office. I started to challenge myself to think outside the box. What are the needs of agents/brokers today? Is an office space necessary for their success? What are the needs of...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in September   Please note: we are comparing closings during September of this year and last year.  78% more homes closed last month than during the same month last year. Transactions nearly a month longer to close.  The average selling price dropped 30%. Sellers accepted eleven percent less than they originally asked. Silverdale remains a buyer's market. There are plenty of homes in inventory (98--10 fewer than last month) at all price ranges (the lowest listing is $60,000, the highest is $2.8M).  Average listing  price is $375,000, up from $367,613 last month , with a median of $282,000, a drop of $7000 from last month.  If you would like details of the home that closed in your neighborhood, call or email me.          
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By Brady Howard, Managing Broker, The Cascade Team Gig Harbor
(The Cascade Team Gig Harbor)
Thank You celebrating with us!         Asset Realty Silverdale is open and ready to serve you!
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in August   Please note: we are comparing closings during August of this year and last year.    57% more homes closed last month than during the same month last year.   Transactions took over three months longer to close.  The average selling price increased by six percent.     Sellers accepted eight percent less than they originally asked. Silverdale remains a buyer's market. There are plenty of homes in inventory (108--a drop of 5 from last month) at all price ranges (the lowest listing is $81,500, the highest is $2.8M).  Average listing  price is $367,613 , with a median of $289,000..     If you would like details of the home that closed in your neighborhood, call or email me.          
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a July median price of about $345,000, 10% lower than a year ago but 27% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $294,500, 9% higher than last month and about 2% lower than a year ago. The Kitsap County 3 month moving average median price is about 3% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is the same as a year ago. The 3 month moving average of closed sales is down 12% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in July was also the same as a year ago. The number of active listings in Silverdale (120) is 10% higher than a year ago - inventory is building. The inventory turnover (total homes on t...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in July   Please note: we are comparing closings during July of this year and last year.    21% fewer homes closed last month than during the same month last year.   Transactions closed about 11 days faster.  The average selling price dropped by 15%.      Sellers accepted 2% less than they originally asked, which indicates their asking prices were very close to what the market wants. There are plenty of homes in inventory (113) at all price ranges (the lowest listing is $98,900, the highest is $3.2M).  Average listing  price is $370,000 , with half the homes under the median price of $284,500.     If you would like details of the home that closed in your neighborhood, call or email me.    
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
The following is a brief overview of the combined single-family home & condo market within Silverdale, Washington (NWMLS Area 147) for the week of July 17, 2011, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA. Properties currently active on the market:  109 Properties closed in the last 180 days:  58 Average Sales Price:  $ 298,255 Average List Price:  $ 306,205 Ratio of List Price to Sales Price: 97% Average Days on Market: 90 Sales Pending this Week: 7 To view a map of Northwest MLS Area 147 (Silverdale), go HERE.   4354 NW Hosman Circle, Silverdale WA 98383 / NWMLS #203772 / $379,950   This quality well-maintained home is situated on a quiet near acre lot in the highly desirable Crystal Creek neighborhood in Silverdale WA. Though just minutes from top rated C...
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By Brenda Prowse
(Prowse and Company)
  Homes in Silverdale were selling for a June median price of about $272,000,  1% lower than a year ago and 2% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $271,500, 1% higher than last month and about 6% higher than a year ago. The Kitsap County 3 month moving average median price is about 3% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 20% lower than 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 June was 13% higher than a year ago. The number of active listings in Silverdale (108) is 3% lower than a year ago. The inventory turnover (total homes on the market divided by n...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Second Quarter 2011   The second quarter of 2011 saw a decrease of 17% compared to the second quarter of 2010, but last year quarterly sales were driven by the tax credit.   The average selling price was two percent higher. Sellers accepted seven percent less than they had originally asked.    Homes closed relatively quickly--in less than three months. If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.  
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in June   Please note: we are comparing closings during June of this year and last year.    No change in the number of homes closed last month.   Transactions closed about a month slower.  The average selling price was lower by 4 percent.      Sellers accepted 8% less than they originally asked. There are plenty of homes in inventory (99) at all price ranges (the lowest listing is $161,000, the highest is $3.2M).  Average listing  price is $409,000 , with half the homes under the median price of $309,000.     3 listings top $1M. Factoring out those homes yields an average listing price of $331,000 and a median of $301,500, with the highest listing at $875,000.   If you would like details of the home that closed in your neighborhood, call or email me.    
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a May median price of about $266,500,  9% higher than a year ago and 3% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $269,167, less than a percent lower than last month and about 1% higher than a year ago. The Kitsap County 3 month moving average median price is about 5% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 33% lower than 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 May was 15% lower than a year ago. The number of active listings in Silverdale (105) is 7% higher than a year ago. The inventory turnover (total homes on the market ...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in May   Please note: we are comparing closings during May of this year and last year.    There was o change in the number of homes closed last month.   Transactions closed nine days faster.  The average selling price was higher by 6 percent.      Sellers accepted 5% less than they originally asked, an indicator that homes are now being priced well. There are plenty of homes in inventory (97) at all price ranges (the lowest listing is $149,000, the highest is $3.9M).  Average listing price is $411,443), with half the homes under the median price of $300,000. Expect an increase in demand as officers and sailors return. If you would like details of the home that closed in your neighborhood, call or email me.      
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By Brenda Prowse
(Prowse and Company)
Silverdale Real Estate Market Trends   Homes in Silverdale were selling for a April median price of about $276,000,  11% higher than a year ago and 4% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $270,333, 1 percent higher than last month and about the same as a year ago. The Kitsap County 3 month moving average median price is about 5% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 34% lower than a year ago. The 3 month moving average of closed sales is down 13% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in April was 15% lower than a year ago. The number of active listings in Silverdale (107) is 22% higher than a year ago. The inventory tu...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
The following is a brief overview and analysis of the combined single-family home and condo market within Kitsap County, Washington for May 2011, provided by Rich Jacobson of Windermere Real Estate, in Silverdale, WA (this includes data for Bainbridge Island WA. Properties currently active on the market:  170 Properties closed in the last 180 days:  1105 Average Sales Price:  $ 266,852 Average List Price:  $ 278,059 Ratio of List Price to Sales Price: 96% Average Days on Market: 159 Sales Pending this Week: 71 Hansville WA statistics separately: (Area 161) Properties currently Active on the market:  39 Properties closed in last 180 days:  17 Average Sales Price:  $342,304 Average List Price:  $357,943 Ratio of List Price to Sales Price: 96% Average Days on Market: 285 Sales Pending thi...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale: Closed Transactions in April Please note: we are comparing closings during this year's April and last year's April. 53% fewer homes closed in April this year. Transactions closed 41 days slower.  The average selling price was higher by 6 percent.    Sellers accepted 10% less than they originally asked. There are plenty of homes in inventory (108) at all price ranges (the lowest listing is $139,900, the highest is $3.9M).  Average listing  price is $400,322) , with half the homes under median price of $299,000. Factoring out the 3 homes above $1M, the highest listing is $800,000, with an average of $321,500. If you would like details of the home that closed in your neighborhood, call or email me.                                          
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