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.
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.
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.
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.
Please note: we are comparing closings during May of this year and last year.
No 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.
If you would like details of the home that closed in your neighborhood, call or email me.
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.
Please note: we are comparing closings during this year's March and last year's March.
50% fewer homes closed in March this year.
Transactions
closed 12 days faster. The average selling price was higher by fifteen percent.
Sellers
accepted 6% less than they originally asked.
There are plenty of homes in
inventory at all price ranges (the highest listing is $4.25M). Average listing
price is $428,267) , with half the 143 homes under median price of $320,000.
If you would like details of the home that closed in your neighborhood, call or email me.
Please note: we are comparing closings during this year's February and last year's February.
February this year saw no change in the number of Silverdale closings.
The four homes that sold were on the market for less than five months. The average selling price was up by 20%.
Sellers
accepted 8% less than they originally asked.
There are 93 Silverdale homes in
inventory at all price ranges ($118,000 - $3,900,000). Average asking
price is $414,900, with half the homes under $303,425. Factoring out the rare $2.9M homes leaves 90 homes with an average listing tag of $299,500 and a median (half above, half below) price of $232,200.
If you would like details of the home that closed in your neighborhood, call or email me.
2010 saw a decrease of twenty-two percent in closed transactions compared to the previous year.
The average sale price fell four percent. Market time decreased by one and a half months.
Silverdale is moving towards a seller's market. As of this date (February 22), there are 95 single family homes
in inventory. Average list price is $409,712, but there are homes in
every price bracket. Half the homes on the market are below the median
list price of $299,000 (three above are listed at over $2.7 million).
If you'd like the selling details of the home that closed in your neighborhood, just ask.
The
fourth quarter of 2010 showed 22% fewer
transactions than in 2009, but the average closing time was slightly less than two months.
The average sales price decreased by 20%. On the average, sellers accepted 7% less than their original asking price.
If you are a buyer, now is the time. If you are a seller, be patient.
As
of this date (January 31), there are 93 single family residences on the market,
ranging in list price from $120,000 to $3.9 million. The average list
price is $416,86.
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.
Clearly
the two homes that closed this week were priced for the market. 30
days from offer to contract, average sale to list 101%. Average price
down nearly 16%, but the sample is small.
If you would like details of the home that closed in your neighborhood, call or email me.
Thanks to Steve Cook forsending these photos. If you think times are tough, look at what was happening in our country 70 years ago!
Closed
Transactions August 8-14
Bainbridge closed 75% more transactions than last year during this time period. Silverdale, Poulsbo and Kingston lagged behind. But in Silverdale, Poulsbo and Bainbridge, transactions closed much quicker.
The average sale price dropped in all markets (except for Kingston).
If you'd like the
selling details of the home that closed in your neighborhood, just ask.
No kidding this time (pay attention, yo). If this comes through, look for a lot of activity in the Kingston market by this time next year. Easier access from Seattle to Kingston brings more people. People buy houses.
Closed
Transactions August 1-7
Bainbridge and Kingston were the only markets making any progress over last year at this time, and that hardly worth noting on Bainbridge. Kingston picked up dramatically. No closings in Silverdale. Poulsbo not much better.
If you'd like the
selling details of the home that closed in your neighborhood, just ask.
Bloomberg
BusinessWeek predicts that the Silverdale housing market will improve by more than 44% in the next five years. This is great news for those of you
purchasing a home today. If the prediction is at all accurate (and
Bloomerg's usually are), you'll have equity by 2014.
Silverdale Transactions: Third Quarter 2011
Silverdale: Closed Transactions in September
Annual Transaction Report for 2010 
No kidding this time (pay attention, yo). If this comes through, look for a lot of activity in the Kingston market by this time next year. Easier access from Seattle to Kingston brings more people. People buy houses.
