Thursday, August 11, 2011

Silverdale market report for July

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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