Puget Sound Real Estate

Bremerton WA Real Estate | Homes SOLD Bremerton WA March 2012

Bremerton WA Real Estate | Homes SOLD Bremerton WA March 2012

During the month of March  there were 65 homes that sold in Bremerton. [zip codes: 98310, 98311, 98312, 98314, 98337].  Of these 65 homes 26 were Bank Owned Properties and 4 were Short Sale Properties.  Roughly 1/3 of the market is still distressed properties.  Until these properties diminish pricing will be effected.  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 65 Bremerton homes – Looks like once the homes were at the right price the offers were very close to asking price.

 

Bremerton March Homes Sold 2012


Total number of Homes Sold                                                                                  65                        
Median Original List Price $199,900
Median List Price $179,000
Median Selling Price $173,500
Cumulative days on Market 106
Days on Market 72

 

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.   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.  Here we go – 3 straight months of home selling increase.

Homes Sold Bremerton 2012 March

Here you see there is a start to a strong spring market.

Homes Pending Bremerton 2012

Inventory though down is trying to keep up with demand.

New Properties by Month March 2012 Bremerton

 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”

 

 

Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.
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Copyright © 2008 - 2012 Homefront Realty

Washington State Required Disclosures

"Equal Housing Opportunity"


3 comments • Jo Soss | Designated Broker West and South Puget Sound • April 29 2012 05:54PM

WinCo to Open in Bremerton

WinCo in Bremerton

 

Over the last couple of years not only has the housing market been hit hard in the local area but also retail and fast-food locations have closed. 

I hate to see businesses close in the area, it is a sign of something wrong.  First there was the Kentucky Fried Chicken down on Naval.  Then there was the Big Lots over on Sheridan, a pizza shop across the street and a bakery. 

Last week the news was released that the Blockbusters in the QFC parking lot will be closing soon too.  Some of these businesses are national chains and some are locally owned.  Just sad. 

 

So when I read that WinCo Foods was coming to Bremeton I thought - woo hoo! A new business!  WinCo Foods is a company that is owned by its employees.  WinCo which stands for which stands for Winning Company will be located in the commercial area of the new Bay Vista at the corner of  Arsenal Way and Kitsap Way. 

Here is the Kitsapsun article that confirms construction - Mayor Lent confirmst WinCo Foods coming to Bremerton

I drive by this intersection several times a week and snapped these photos while stopped at the intersection.  WinCo is suppose to be open during the first part of the year.  I would imagine around the end of Feb or in March sometime.  They haven't started to offer employment but the company said they will issue a press release when they do. 

 

 WinCo in Bremerton

 

Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.
View all posts by Jo Soss →

Subscribe

Copyright © 2008 - 2012 Homefront Realty

Washington State Required Disclosures

"Equal Housing Opportunity"


5 comments • Jo Soss | Designated Broker West and South Puget Sound • January 05 2012 12:34PM