$8,229 Closing Credit*
$692,950
2,330 SqFt
4 Beds
•1 Full Bath, 1 Partial
Rebecca Hart, Listing Office: KB Home Sales
Is Silverdale, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Silverdale has remained a Seller's Market.
Key Takeaway
Silverdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silverdale, WA
How much do homes in Silverdale, WA cost?
Median Sold Price
$574,990
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,990(+3.6%)
Key Takeaway
Homes in Silverdale have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Silverdale was $574,990 in November 2024, up 3.6% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | - | N/A |
| 2 Bedrooms | $385K | $387.5K | +0.6% |
| 3 Bedrooms | $535K | $525K | -1.9% |
| 4 Bedrooms | $626K | $639.9K | +2.2% |
| 5+ Bedrooms | $784.9K | $669.9K | -14.6% |
Summary: Silverdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in Silverdale, WA
How many homes are available in Silverdale, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 62 | -27.9% |
Summary: The Silverdale real estate market had 62 homes for sale in November 2024, a 27.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 37 | 26 | -29.7% |
| 4 Bedrooms | 34 | 23 | -32.4% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Silverdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 29.7%, 4 bedroom homes decreased by 32.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 18 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silverdale, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Silverdale in November 2024, down by 45.5% month-over-month. Of the 18 sold homes, 17% were sold under asking, 39% were sold at asking, and 44% were sold over asking.
Days on Market for Silverdale, WA
How long does it take to sell a home in Silverdale, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 18 Days | -41.3% |
Summary: Homes in Silverdale had an average of 18 days on market in Nov 2024, down by 41.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Silverdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 18 homes were sold in Silverdale; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.