How does the housing market look in Silverlake? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Silverlake Washington
Median Sale Price
$381,950
31.8%
New Listings
8
33.3%
Number of Homes Sold
4
42.9%
Median Days on Market
11
281.8%
Market Overview
In the last 30 days, homes for sale in Silverlake, WA sold for a median price of $381,950, down 31.8% compared to the same period last year. The median price per square foot was $283.78, up 26.2% year-over-year. There were 4 homes sold, down from 7 last year.
All Home Types
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get your maximum home value with minimal effort
Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
Yesterday, the total number of homes for sale in Silverlake, WA was 12, up 71.4% compared to last year. In the last 30 days, 8 new homes were listed for sale, up 33.3% year-over-year. The median days on market was 10.5, up from 2.75 days last year. The months of supply was 1.25.
All Home Types
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Your dream home is waiting for you.
Tell us your must-haves, and we’ll share all the homes that meet your criteria.
Start QuizHousing Demand
In the last 30 days, homes in Silverlake, WA had a median sale-to-list-price ratio of 101.25%, down 2.9 pt compared to the same period last year. 25% of homes sold above list price, down 75 pt year-over-year. 0% of homes listed dropped in price, same as last year.
All Home Types
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
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