Silverdale market report for November

Silverdale: Closed Transactions in November

 

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

For the third straight month, Silverdale reported an increase in closed transactions. Nine percent more homes closed last month than during the same month last year.

Transactions closed nearly two-and-a-half months faster, a good sign.  The average selling price decreased by 14%.

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

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

There are plenty of homes in inventory (85--three 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 with a median of $275,000, a decrease of $3000  from last month.