Originally Posted at: Homefront Realty

Bremerton WA Real Estate | Homes Sold January 2012

During the month of January there were 41 homes that sold in Bremerton. [zip codes: 98310, 98311, 98312, 98314, 98337]. These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Bremerton Washington.

Let’s look at those 41 Bremerton homes -

Bremerton January Homes Sold 2012

Total number of Homes Sold	41
Median Original List Price	$169,900
Median List Price	$150,000
Median Selling Price	$141,000
Cumulative days on Market	94
Days on Market	63

Here is a great chart to compare the sold properties by Month over the last year. Gives us a good look at the year that was 2011. The summer selling market did take place along with a couple of months that had usual spikes. October was a surprise with that sold high of 86. Our prices are still declining and will probably show a decline into and through 2012 with bank foreclosure inventory being released. Currently a 13% decline in median price from 2011. I do believe that if you are a seller and would like to sell you must list early in the year to garner the best possible price. The median sales price has come back up after that huge dip in November.

Not a bad time to purchase a home in Bremerton, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

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 Kitsap County Real Estate Area please give me a call or contact me here at Homefront Realty 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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“Statistics not compiled or published by NWMLS.” “Equal Opportunity Housing All information deemed reliable, but not guaranteed”

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What: Annual Daughter Daddy Dance

When: Saturday, February 4th - 7pm till 10pm

Where: Sons of Norway Hall, 1018 18th St, Bremerton

Tickets: $22 per couple and $12 each additional daughter

Dads and daughters of all ages are invited out for a special evening that is sure to become a family tradition. The evening will include DJ music, light refreshments, door prizes, and a wristlet for each daughter. Tickets will be available for purchase at the Sheridan Park Community Center and Silverdale Antiques (9536 Silverdale Way NW, Silverdale.

(360) 692-2462) beginning January 9th. This event is sold out every year so get your tickets early

I have lived in Bremerton since September of 2006 so it only took me 5 years to figure out that Bremerton has an ice center. I have never ice skated in my life so I guess I do have that excuse, however my husband loves the ice, he played hockey as a child in Minnesota. He also spent a 3 years stationed in Alaska so was able to ice skate there. This past Christmas Holiday he was home on leave and wanted to see some hockey, so we did. While I was doing some research on hockey in the area the Bremerton Ice Center's web page came up.

We really thought we would be able to go skating, but with only two weeks over the holidays we were only able to check out the facility. I was really impressed. I know that when he moves back home next year he will want to get involved with this organization. He misses skating and hockey a ton!

The Bremerton Ice Center is located just across the Warren Ave Bridge (Wheaton Way) over by the Bremerton YMCA. 1950 Homer Jones Drive - 360-479-7465. The Ice Center has NHL dimension surface. They offer instructional lessons in skating and in hockey or if you are like me and would like private lessons, they have those too. There is a Pro Shop, Arcade and a restaurant in the building. They are open 12 months a year!

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.

More About Bremerton Real Estate

Bremerton WA Real Estate | Homes Sold December 2011

During the month of December there were 54 homes that sold in Bremerton. [zip codes: 98310, 98311, 98312, 98314, 98337]. These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Bremerton Washington.

Let’s look at those 54 Bremerton homes -

Bremerton December Homes Sold 2011

Here is a great chart to compare the sold properties by Month over the last year. Gives us a good look at the year that was 2011. The summer selling market did take place along with a couple of months that had usual spikes. October was a surprise with that sold high of 86. Our prices are still declining and will probably show a decline into and through 2012 with bank foreclosure inventory being released. Currently a 13% decline in median price from 2011. I do believe that if you are a seller and would like to sell you must list early in the year to garner the best possible price. The median sales price has come back up after that huge dip in November. Right now today there are 483 homes on the market, with 5 homes pending in the new year, with 23 homes pending some kind of inspection status and 7 homes sold and closed.

Not a bad time to purchase a home in Bremerton, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

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 Kitsap County Real Estate Area please give me a call or contact me here at Homefront Realty 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.

“Statistics not compiled or published by NWMLS.” “Equal Opportunity Housing All information deemed reliable, but not guaranteed”