Is Bremerton, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$439,949
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Bremerton was $439,949 in November 2023, down 0.3% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $288.7K | $275K | -4.7% |
2 Bedrooms | $375K | $340K | -9.3% |
3 Bedrooms | $455K | $444K | -2.4% |
4 Bedrooms | $510K | $520K | +2.0% |
5+ Bedrooms | $564.4K | $582K | +3.1% |
Summary: Bremerton housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Belfair | $437.5K | $464.9K | +6.3% |
Port Orchard | $515K | $524.9K | +1.9% |
Bremerton | $441.2K | $439.9K | -0.3% |
Housing Supply in Bremerton, WA
How many homes are available in Bremerton, WA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
325 | 305 | -6.2% |
Summary: The Bremerton real estate market had 305 homes for sale in November 2023, a 6.2% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 52 | 43 | -17.3% |
3 Bedrooms | 156 | 154 | -1.3% |
4 Bedrooms | 84 | 81 | -3.6% |
5+ Bedrooms | 27 | 18 | -33.3% |
Summary: The Bremerton housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
81 | 79 | -2.5% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Bremerton in November 2023, down by 2.5% month-over-month. Of the 79 sold homes, 32% were sold under asking, 37% were sold at asking, and 32% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
31 Days | 30 Days | -3.1% |
Summary: Homes in Bremerton had an average of 30 days on market in Nov 2023, down by 3.1% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During November 2023, 79 homes were sold in Bremerton; 71% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.