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 $164,500 at the end of April, 39% higher than a year ago and 39% higher than last month. The more stable 3 month moving average median price ($127,483) was about 1% lower than a year ago and 15% higher than last month. This change represents more buyers in the middle and upper price ranges rather than a rise in overall prices. The Kitsap County 3 month moving average median price is about the same as it was a year ago. Bremerton's 3 month moving average for number of closed sales is 6% lower than a year ago and 4% lower than last month. The 3 month moving average of closed sales is up 4% Countywide from a year ago. The 3 month moving average number of Bremerton pending sales is up 23% from last year. The number of Bremerton active listings (119) is 1% higher than a year ago and 14% higher than last month. The inventory turnover (total Bremerton homes on the market divided by number sold last month) is 9.9 months, slower than both the 5.5 month turnover last month and the 6.2 month turnover of a year ago. The Bremerton market is still a buyer's market.
About Brenda Prowse:
Prowse and Company celebrated its 13th anniversary on January 1, 2011, continuing as a significant presence in the Poulsbo and Kitsap Real Estate markets.
For over 30 years Brenda Prowse has been one of Kitsap County's top listing agents. If you are a buyer we have an experienced team of buyer agents who know the county from Port Orchard to Hansville and Bainbridge Island and know the land and multi family market just as well as a the residential market. Unlike most agents, they all have the help they need so that they can devote their entire effort to finding clients the right home.
With Prowse and Company, you receive first class service and great results! Whether you desire waterfront, view property, or even a ranch, Prowse and Company will have that special property listed or our Buyers agents will be able to find it for you.
"Our goal is for you to sell your home for the most profit in the least amount of time and for you to buy your home knowing that you have made the best choice at the right price."
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
