Local real estate trends April 17, 2012

Silverdale Absorption Rate

Silverdale Absorption Rate Jan 2011 - Mar 2012

 

Over the past fifteen months the absorption rate for closed sales in Silverdale has decreased from 14.8 months to 5.3 months of inventory on-hand for sale. 

This is important because it means leverage for negotiating favorable terms on a purchase and sale agreement is beginning to shift from the buyer to the seller.