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Bremerton WA Real Estate–Homes Sold January 2013 via WestSoundLive.com

By
Real Estate Broker/Owner with HOMEFRONT Realty WA State Licence #23384

Bremerton WA Real Estate – Homes Sold January 2013 Market Report


Below are some market statistics for the Bremerton area for the month of January 2013. These homes all have Bremerton listed as their city in their physical address. Currently as of Februay 8th  there are 346 homes available for sale in the Bremerton area of Kitsap County. During the month of January 103 new listings became active in the NWMLS data base. There were 104 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 January 52 homes that had been listed as pending closed and the change of ownership was recorded at the Kitsap County Courthouse.

Let’s look at those 52  Bremerton homes

 

Bremerton WA January Homes Sold 2012


Total number of Homes Sold 52
Median List Price $174,450
Median Selling Price $173,200
DOM=Days on Market Median: 61
Average List Price $180,966
Average Selling Price $176,600
DOM=Days on Market Average: 97
Homes Sold 2012 - 42 difference of 10 or 23.81% INCREASE in homes sold
Median Sold Price 2012 - $142,600 difference of $30,600. or a 21.459 % INCREASE

 

How many months of inventory is this? If you take the total number of active listings  and divide by the number of homes pending as an average over the past  month there would be just under almost just over 3.5 months for the Bremerton area.  This is the calculation process used by the NWMLS when they release data to the public.  This number of just over 3.5 months would indicate between a seller’s market and a normal  market.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

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.

 

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Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.

Comments (3)

Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Info for your market!! Keep up the good work and good luck with your business in 2013!

Feb 08, 2013 08:12 AM
Stacey Mayer
Snohomish-Homes.com - Everett, WA
Snohomish-Homes.com

I'm glad to know Bremerton is keeping it's head above water. So many sales! I hope several of them were yours.

 

Feb 25, 2013 01:17 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

The Bremerton WA real estate market appears to be moving and shaking!

 

Feb 28, 2013 07:10 AM