So Far This Summer is For Sellers
But that doesn’t mean that its difficult for buyers. Here in the Bremerton Real Estate Market buyers are still enjoying many homes with prices low enough and interest rates still low that the monthly mortgage payment can be cheaper than paying rent. Prices have not risen substantially to keep buyers priced out of a home. In fact the median June-2013 vs Jun-2014 sold price is down -5%!
Bremerton continues to be a Seller’s* Market with just 3.3 months of inventory.
Below are some market statistics for the Bremerton area for the month of June 2014. These homes all have Bremerton listed as their city in their physical address. During the month of June 2014 156 new listings became active in the NWMLS data base.
There were 135 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing.
During June 104 homes that had been listed as pending closed and the change of ownership was recorded at the Kitsap County Courthouse.
*Using absorption rates can help you define markets. My definition breaks down like this…
Normal Market – Between 5 and 6 months of inventory.
Seller’s Market - Between 1 and 4 months of inventory.
Buyer’s Market – 7 months and higher.
Now remember that absorption rates just track trends and isn’t an exact science!
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis. If you would like to purchase a home in the Bremerton area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
Bremerton, WA Real Estate
- Properties for Sale in Bremerton, WA Between $0 – $100,000
- Properties for Sale in Bremerton, WA Between $100,000 – $200,000
- Properties for Sale in Bremerton, WA Between $200,000 – $300,000
- Properties for Sale in Bremerton, WA Between $300,000 – $400,000
- Properties for Sale in Bremerton, WA Between $400,000 – $500,000
- Properties for Sale in Bremerton, WA Between $500,000 – $600,000
- Properties for Sale in Bremerton, WA Between $600,000 – $700,000
- Properties for Sale in Bremerton, WA Between $700,000 – $800,000
- Properties for Sale in Bremerton, WA Between $800,000 – $900,000
- Properties for Sale in Bremerton, WA Between $900,000 – $1,000,000
- Properties for Sale in Bremerton, WA Between $1,000,000 – $1,100,000
- Properties for Sale in Bremerton, WA Between $1,200,000 – $1,300,000
- Properties for Sale in Bremerton, WA Between $1,300,000 – $1,400,000
- Properties for Sale in Bremerton, WA Between $1,400,000 – $1,500,000
- Properties for Sale in Bremerton, WA Between $1,900,000 – $2,000,000
- Properties for Sale in Bremerton, WA Between $2,200,000 – $2,300,000
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