Bremeton Real Estate – Seller’s Market, lack of inventory frustrates buyers.
Bremerton is like all of the other areas with pent-up demand fueling home sales. Military families, relocating PSNS workers, move up buyers and first time home buyers are all vying for limited inventory. It is currently a seller’s market with well maintained, updated, correctly priced homes receiving offers within days. Inventory is very low with only 2 months of supply. If no other homes entered into the market we would be out of homes for sale in a 2 month time span. It’s a great time to list a property in Bremerton.
Bremerton reported 102 closed sales during August, which was shy of the 123 homes sold in August 2014.
Small increases in interest rates have not had a noticeable impact on activity and with the Fed just
announcing this week it would not raise interest rates buyers should feel comfortable through the last weeks of 2015.
Take a look at the charts below for the up to date statistics for Bremerton Real Estate. We classify Bremeton with any home listed or sold that has the Bremeton city address. These homes might be in the Bremerton School District or the Central Kitsap School District.
Statistics not compiled or published by the Northwest Multiple Listing Service. Statistics compiled and published by HOMEFRONT Realty.