Is Bremerton, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Bremerton has remained a Seller's Market.
Housing Prices in Bremerton, WA
How much do homes in Bremerton, WA cost?
Median Sold Price
$461,904
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Bremerton was $461,904 in June 2024, up 6.4% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $290K | +5.5% |
2 Bedrooms | $350K | $350K | 0.0% |
3 Bedrooms | $439.9K | $461.6K | +4.9% |
4 Bedrooms | $504.5K | $549.9K | +9.0% |
5+ Bedrooms | $567.5K | $580.4K | +2.3% |
Summary: Bremerton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
Bremerton | $433.9K | $461.9K | +6.4% |
Port Orchard | $515.6K | $534.3K | +3.6% |
Belfair | $435K | $449.9K | +3.4% |
Housing Supply in Bremerton, WA
How many homes are available in Bremerton, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
390 | 407 | +4.4% |
Summary: The Bremerton real estate market had 407 homes for sale in June 2024, a 4.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 11 | +37.5% |
2 Bedrooms | 87 | 91 | +4.6% |
3 Bedrooms | 195 | 197 | +1.0% |
4 Bedrooms | 85 | 90 | +5.9% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Bremerton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
97 | 113 | +16.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 113 homes were sold or pending in Bremerton in June 2024, up by 16.5% month-over-month. Of the 113 sold homes, 19% were sold under asking, 42% were sold at asking, and 39% were sold over asking.
Days on Market for Bremerton, WA
How long does it take to sell a home in Bremerton, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
29 Days | 26 Days | -12.7% |
Summary: Homes in Bremerton had an average of 26 days on market in Jun 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
86 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During June 2024, 113 homes were sold in Bremerton; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.