Puget Sound Real Estate: Washington: Silverdale: Whisper Ridge

Silverdale WA Real Estate | July Homes Sold | Homes Sold in Silverdale WA 2009

Silverdale Homes For SaleSilverdale WA Real Estate | July Homes Sold | Homes Sold in Silverdale WA 2009

During the month of July there were  24 homes that sold in Silverdale.  These Silverdale  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 Kitsap 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 great site to visit is the Escrow Association of Washington site.  There you can find definitions and explanations of the home buying process for Silverdale Washington.

Let's look at those 24 Silverdale homes that sold in July-

Average List Price

  • $309,142
  • $164 per sq ft

Average Sold Price

  • $304,204
  • $162 per sq ft

The average sq ft of these  Silverdale homes was 1900 sq ft.  These homes spent an average of 101 days on the market (DOM).

The list to sale ratio for these homes was 98.40 percent.  What that meas is that buyers offered 98.40% of what the seller requested. 

Not a bad time to purchase a home in Silverdale, Washington.  In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

 

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean?  Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation.  I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds.  I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful. 

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

 Silverdale Real Estate 2009 Market Reports

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“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed"

 

 

Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.

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Copyright © 2008 - 2012 Homefront Realty

Washington State Required Disclosures

"Equal Housing Opportunity"



Silverdale Real Estate Market Data 2007 vs 2008

 

Port Orchard Real Estate Market Data

Silverdale :  During the year of 2008 there were 152 homes sold in Silverdale with an Average Sales Price of $316,859.  I would rather use Median and for 2008 the Median Sales Price was $277,750.  The Average Market Time was 110 days and the Median Market Time was 82 days. 

Homes sold fairly close to the list price during 2008.  Average list to average sale ratio for these 152 homes was 96.19% while the Median list to sale ratio was 95.80%. It seems that we are pricing property correctly.  So how is that pricing compared to the year 2007?

Silverdale : During the year of 2007 there were 215 homes sold in Silverdale with an Average Sales Price of $333,303.  The Median Sales Price was $315,000.  The Average Market Time was on average 87 days and the Median Market Time was 69 days.  Let's look at the 2007 list to sale ratio.  the Average list to average sale ratio for the 215 homes was 98.17% while the Median list to sale ration was 98.43%

There were 63 more homes sold in 2007 than in 2008.  The Average List Price for 2008 was $10,110 lower than for the year 2007.  The Median List Price for 2008 was $30,l100 lower than for the year 2007.  Those figures just don't look too fun do they?  So what was the actual sale price differences?  The Average Sales Price for 2008 was $16,444 lower than for the year 2007.  The Median Sales Price for 2008 was $37,250 lower than 2007. 

What do these numbers mean?  Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation.  I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds.  I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful. 

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

 

Similar Posts:

 

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed

 

Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.

Subscribe

Copyright © 2008 - 2012 Homefront Realty

Washington State Required Disclosures

"Equal Housing Opportunity"