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 $137,988 at the end of December, 16% lower than a year ago and 2% higher than last month. The more stable 3 month moving average median price ($124,719) was about 21% lower than a year ago and less than 1% lower than last month. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. Bremerton's 3 month moving average for number of closed sales is 3% lower than a year ago and 5% higher than last month. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average number of Bremerton pending sales is up 18% from last year. The number of Bremerton active listings (127) is 7% higher than a year ago and 6% lower than last month. The inventory turnover (total Bremerton homes on the market divided by number sold last month) is 7.1 months, slower than both the 6.4 month turnover last month and the 6.0 month turnover of a year ago. The Bremerton market is still a buyer’s market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| December 2011 |
$137,988 |
124,719 |
20 |
26 |
7.1 |
November 2011 |
$135,000 |
125,056 |
19 |
25 |
6.4 |
December 2010 |
$163,500 |
158,633 |
21 |
22 |
6.0 |
|
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