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Bremerton WA Real Estate | Homes Sold January 2012

Jo Soss | Designated Broker West and South Puget Sound: Real Estate Agent in Bremerton, WA

Originally Posted at: Homefront Realty

Bremerton WA Real Estate | Homes Sold January 2012

Bremerton WA Real Estate Market Data

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.

Bremerton Real Estate Sold by Month Jan 2012

Bremerton Real Estate Homes under contract Jan 2012

Bremerton Real Estate New Properties by Month Jan 2012

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.

Search for Homes

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

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Bremerton WA Real Estate | Homes Sold December 2011

Jo Soss | Designated Broker West and South Puget Sound: Real Estate Agent in Bremerton, WA

Bremerton WA Real Estate | Homes Sold December 2011

New Houses

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

Total number of Homes Sold 54
Median Original List Price $214,950
Median List Price $197,450
Median Selling Price $186,750
Cumulative days on Market 100
Days on Market 70

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”

Bremerton Real Estate | Townhouses and Condos

Jo Soss | Designated Broker West and South Puget Sound: Real Estate Agent in Bremerton, WA
  • Maybe it is a townhouse or condo you are interested in.
  • Maybe you would like to have the security of a controlled complex.
  • Maybe you would like to have the freedom from yard maintenance.
  • Maybe a single residence just seems too much.

For what ever reason Bremerton has several different types of town-homes and condominiums on the market. From new construction to established communities, units with views, units with yards, several styles and sizes and prices to fit almost any buyer's budget. There are 45 Townhouses or Condos on the market.

Buying is cheaper than renting in most U.S. cities

Jo Soss | Designated Broker West and South Puget Sound: Real Estate Agent in Bremerton, WA

Today I received my Housing Trends eNewsletter and found this blurb very interesting....

" Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one.

So off I go to read the CNN Money articlefor details.

As usual it all depends on your market. With housing prices still on the decline and interest rates so low it is very easy to find a home in the Bremerton area where a mortgage payment could be lower than what you can find for rent in the area.

The question is are you ready to be a home owner? Home ownership is very different than renting. There is no manager to call when the dryer goes out or the roof leaks.

Of course owning a home can really give you a sense of neighborhood and community. I have only rented for very short period of times usually in-between home ownership and I have never liked it.

If you would like to discuss the possibility of home ownership just give us a call.

Bremerton WA Real Estate |October Homes Sold 2011

Jo Soss | Designated Broker West and South Puget Sound: Real Estate Agent in Bremerton, WA

Bremerton WA Real Estate | Homes Sold October 2011

Homes


During the month of October there were 88 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 as 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 88 Bremerton homes -

IF THE TABLE BELOW IS BLACK - CLICK HERE AND BE DIRECTED TO THE ORIGINAL ARTICLE ------>October Homes Sold 2011

Bremerton October Homes Sold 2011

Total number of Homes Sold 88
Median Original List Price $202,495
Median List Price $192,450
Median Selling Price $193,000
Cumulative days on Market 64
Days on Market 48

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 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.

Search for Homes

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