The home truth snippet for 2014 over 2013
- Median home price up 7.7% to $235,000
- Home sales up 18.8%
- Days on the market decreased 11.7% to 128
- Current inventory 5.26 months
- Market favors: Neither buyers or sellers
Silverton has continued to have good market recovery that started in 2012. The previous year saw stagnant home sales, but this past year home sales picked up. I would expect Silverton to continue to have a good real estate market as the final lots are being built upon in Pioneer Village and selling. This indicates that the demand for Silverton homes has increased.