Silverdale, WA Real Estate News

By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Your neighbors left money on the negotiation table. They sold too quickly, took the first offer and closed $10,000 less than they should have. Why? Personally I believe it was their agents fault. The local real estate market is hot in spots and not in others. Even with low inventory, prices in some areas are not escalating like others. I believe that if there is a ready and willing buyer and the seller and buyer can agree on price and terms a real estate transaction should be able to close. It can of course if the terms are cash, but if the terms include financing, as in the buyer needs to secure a loan to make the purchase, it just might not happen. We have that appraisal hoop to leap through. The other day I started to think about how your neighbor’s negotiations could affect your hom...
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By Daryl Datus, John L Scott
(John L Scott)
Its a great time to sell!! Remind yourself of the tax advantages of closing a transaction before January. Also the deals are more plentiful for both buyers and sellers because there is less competition at this time of year. Keep in mind that interest rates are expected to rise in 2014, so now is the time to take advantage of the historic lows. So call me today. www.daryldatus.com 360-801-6373
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
DID US NEWS & WORLD REPORT GET IT RIGHT? BREMERTON/SILVERDALE TOP 10 HOUSING MARKET September 24, 2013 by Jo Soss  Did US News & World Report get it right? Bremerton/Silverdale area predicted number one (1) on the Top 10 Housing Markets in the next 10 years.  The news article was released in June of 2009 and KCPQ reported it locally in September of 2009.  I was browsing some old articles I had written and came across this one.  I thought, so what has happened?  Is the Bremerton/Silverdale area on the rebound?  In 2009 the median home sold price was $212,500.  The US News article projected a 5.22% increase in home prices over the next 10 years.  That 5.22% increase is even a little depressing from what the area was use to during the “bubble years”.  So I pulled some data together, below ...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
Looking for a 'Move-In' ready home in the desirable Central Kitsap area? Look no further! This immaculate 3 BR 2 BTH Manufactured home comes with over 1500 square feet of freshly painted and updated interior including all new appliances! Located at 4765 Lupine Lane NW, Silverdale WA 98383, this home is situated on nearly 3/4 acrea on a dead-end street, nestled among tall pines & cedars, with over 150 yards of nature trails! There are two bedrooms and a shared bath on the south end of the home, an open floor plan concept with the family room, dining area and Kitchen, and an Office/Den. The Master Bedroom and Bath on are the North end of the home. There is a deck off the back of the home and a separate outbuilding/shop with power. Withiin walking distance of Silverdale Elementary, one of ...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
A recent article published on Forbes.com lists 25 Cities Where Home Prices are Still Tumbling. Included in this list is our State Capital, Olympia; Tacoma, and Bremerton/Silverdale. I am feeling somewhat vindicated. I've been arguing with several area agents/brokers here in Kitsap County WA for nearly a year now as to whether or not our local real estate market has finally hit bottom. I have been the lone dissenting opinion that home prices have not fully tanked. I think we're close, but definitely not there just yet. While certainly there are isolated pockets or niche markets within Kitsap County WA that have enjoyed improved valuations over the past year or so, I think that most areas are still experiencing price drops or stagnant flatline values at best. Predicting the bottom of the ...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a July median price of about $259,000, 25% lower than a year ago and 4% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $242,167, 5% higher than last month and about 18% lower than a year ago. The Kitsap County 3 month moving average median price is up about 1% from a year ago. The 3 month moving average for Silverdale's number of closed sales is 37% higher than a year ago. The 3 month moving average of closed sales is up 27% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in July was 56% higher than a year ago. The number of active listings in Silverdale (96) is 20% lower than a year ago. The inventory turnover (total homes on the market divided by number sold la...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a June median price of about $250,000, 8% lower than a year ago and 15% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $229,867, 1% lower than last month and about 15% lower than a year ago. The Kitsap County 3 month moving average median price is up about 4% from a year ago. The 3 month moving average for Silverdale's number of closed sales is 50% higher than a year ago. The 3 month moving average of closed sales is up 19% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in June was 44% higher than a year ago. The number of active listings in Silverdale (89) is 18% lower than a year ago. The inventory turnover (total homes on the market divided by number sold las...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a April median price of about $222,100, 20% lower than a year ago and 13% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $222,325, less than a percent higher than last month and about 18% lower than a year ago. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 86% higher than a year ago. The 3 month moving average of closed sales is up 4% Countywide from a year ago. The 3 month moving average of Silverdale pending sales in April was 44% higher than a year ago. The number of active listings in Silverdale (76) is 29% lower than a year ago. The inventory turnover (total homes on the market...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a March median price of about $254,225, 4% lower than a year ago and 33% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $221,458, 1% lower than last month and about 18% lower than a year ago. The Kitsap County 3 month moving average median price is about 14% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 52% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in March was 77% higher than a year ago. The number of active listings in Silverdale (79) is 19% lower than a year ago. The inventory turnover (total homes on the market divided by nu...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a February median price of about $190,650, 29% lower than a year ago and 13% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $223,950, 12% lower than last month and about 13% lower than a year ago. The Kitsap County 3 month moving average median price is about 13% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 38% higher than a year ago. The 3 month moving average of closed sales is down 3% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in February was 46% higher than a year ago. The number of active listings in Silverdale (79) is 16% lower than a year ago. The inventory turnover (total homes on the market divi...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a January median price of about $219,500, 19% lower than a year ago and 16% lower than last month. Silverdale's more stable 3 month moving average median closed sale price was $253,983, 5% lower than last month and about 3% lower than a year ago. The Kitsap County 3 month moving average median price is about 10% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 9% higher than a year ago. The 3 month moving average of closed sales is down 5% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in January was 70% higher than a year ago. The number of active listings in Silverdale (81) is 12% lower than a year ago. The inventory turnover (total homes on the market divided b...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Silverdale WA Real Estate | Homes Sold January 2012 During the month of January there were 13 homes that sold in Silverdale,  Washington.  These homes all have the city listed as Silverdale.  If you would like to see stats for an individual neighborhood just fill out the form below and we can  get the information to you.  These Silverdale WA 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 King 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...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  During the month of December there were 13 homes that sold in Silverdale,  Washington.  These homes all have the city listed as Silverdale.  If you would like to see stats for an individual neighborhood just fill out the form below and we can  get the information to you.  These Silverdale WA 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 King 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 Washi...
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
Silverdale Closed Transactions for December Please note: we are comparing closings during December of this year and last year. Silverdale reported no change in closed transactions. Transactions took two-and-a-half months longer to close  The average selling price was eight percent higher. Sellers accepted five 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 (82--three fewer than last month) at all price ranges (the lowest listing is $120,000, the highest is $2.8). Average listing  price is $369,000 with a median of $275,000.  
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
There is great excitement in the real estate air here in Kitsap County WA. Keller Williams West Sount Realty has recently signed a 5-year lease for space next door to Forza in the Town Centre Plaza in Silverdale WA. Tenant improvements are underway with a Grand Opening sometime in late February to early March. The Keller Williams Real Estate Hub in Kitsap County WA will be a relatively new concept in retail real estate office space, offering a consumer-centric, technology-driven resource center for new & current area residents. It will also provide an efficient wireless technology environment for agents/brokers to connect and quickly accomplish work-related tasks. Roughly a third of the space will be dedicated to providing technology tools and resources for consumer clients. Everything ...
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By Rich Jacobson, Your Kitsap County WA Real Estate Broker
(Fathom Realty West Sound)
As many of you may recall, I announced my recent move to Keller Williams West Sound in a post last September: "Turning a New Page" My decision to move brokerages has turned out to be one of the best career moves I've ever made! The team at Keller Williams West Sound is nothing short of amazing and provides a truly fun, positive, empowering environment for success! A recent exciting development has been the signing of a long term lease for retail space here in Silverdale WA. What has me really pumped about this new office is the concept we're creating. Instead of the traditional 'brick & mortar' stand-alone office building, we decided to go with a more 'consumer-centric' real estate resource center, situated in a high-traffic/high-visibility location, right next door to one of Kitsap Cou...
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By Brenda Prowse
(Prowse and Company)
Homes in Silverdale were selling for a November median price of about $280,750, 1% lower than a year ago and 8% higher than last month. Silverdale's more stable 3 month moving average median closed sale price was $253,583, 7% higher than last month and about 6% lower than a year ago. The Kitsap County 3 month moving average median price is about 2% lower than it was a year ago. The 3 month moving average for Silverdale's number of closed sales is 52% higher than a year ago. The 3 month moving average of closed sales is up 8% Countywide from a year ago.  The 3 month moving average of Silverdale pending sales in November was 58% higher than a year ago. The number of active listings in Silverdale (91) is 6% lower than a year ago. The inventory turnover (total homes on the market divided by...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Ridgetop in Silverdale, WA Homes For Sale Below you will see all homes for sale for the Ridgetop neighborhood in Silverdale, WA that are currently listed in the NWMLS with a real estate company. We update this information daily so you can find any new listed home for sale instantly. Save your MLS Ridgetop home searches and your favorite houses with a FREE account. Also you may opt-in to receive email notification of new listings that meet your Ridgetop real estate search criteria. Contact us if we can help you buy or sell in Ridgetop or or any West or South Sound area.
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By Paul Pival, A Realtor with the soul of a professor.
(Coldwell Banker Bain)
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 lik...
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