Silverdale market report for October: more closings, lower inventory, higher selling prices

Silverdale: Closed Transactions in October

 

Please note: we are comparing closings during October of this year and last year. 

For the second straight month, Silverdale reported an increase in closed transactions over last October. 67% more homes closed last month than during the same month last year.

 

Transactions nearly longer to close.  The average selling price increased by 35%.

Sellers accepted four percent less than they originally asked. Silverdale is moving toward a seller's market.

There are plenty of homes in inventory (88--10 fewer than last month) at all price ranges (the lowest listing is $127,000, the highest is $2.8M).  

 

Average listing  price is $376,000, up from $375,000 last month , with a median of $283,000, an increase of $1000  from last month.  

 

If you would like details of the home that closed in your neighborhood, call or email me.