Statistics are for the Bremerton downtown core and west to Kitsap Lake. The market for other parts of Bremerton and its suburbs should be similar. Bremerton homes were selling for a month end median price of $205,000 at the end of August, about 24% higher than a year ago and about 22% higher than last month. The more stable 3 month moving average median price ($180,650) was about 2.6% higher than a year ago. The sharp rise in median sales price in Bremerton reflects the sharp drop in the sales of lower priced homes since expiration of the homebuyer tax credit. The number of sales of higher priced homes did not fall as much. With fewer low priced sales, the median or middle price among all sales moved higher or to the right, if you can imaging a line of all the sale prices from low to high. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago. Bremerton's 3 month moving average for number of closed sales is 37% lower than a year ago and 24% lower than last month (both reflecting the drop off in lower priced sales, which dominate the Bremerton market). The 3 month moving average of closed sales is down 15% Countywide from a year ago. The 3 month moving average number of Bremerton pending sales is down 46% from last year. The number of Bremerton active listings (187) is 5% higher than a year ago. The inventory turnover (total Bremerton homes on the market divided by number sold last month) is 14.4 months, slower than the 13.3 month turnover last month and 8.5 month turnover a year ago. The Bremerton market is slowing down and is a buyer's market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months) | ||
| August 2010 | $205,000 | 180,650 | 18 | 19 | 14.4 | |
| July 2010 | $167,450 | 168,949 | 24 | 20 | 13.3 | |
| August 2009 | $165,000 | 176,133 | 29 | 35 | 8.5 |
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