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Kitsap County WA Real Estate Market Report for April 2010

Bremerton Area Market Stats
Last update: 4-8-2010
Active Listings326
Sold - Last 6 months242
Average Sales Price$180,061
Average List Price$185,090
Sales/List Price Ratio97.28%
Avg Days to Sell78
Pending Sales18
Months of Inventory8.08

anthonys restaurantAs with most towns & cities here in the Pacific Northwest, the grwoth in the Bremerton WA area began with the timber and lumber industry. In 1891, an officer in the US Navy, Lt. A.B. Wyckoff, purchased nearly 200 acres of Sinclair Inlet waterfront, a portion of which belonged to the Bremer family. Mr. Bremer was a German immigrant and entrepreneur who encourged families and businesses to relocate to the area in support of the newly constructed naval shipyard.

One word describes Bremerton WA at this point in its history - "Change." And change for the better, in my humble opinion. Bremerton WA has long held a bad rap for being a 'rough' crime-prone Navy town. But in recent years, due primarily to the vision and efforts of current mayor, Gary Bozeman, a major resurgence is taking place. Never has there been a better time to invest in the future of Bremerton WA real estate!


Bremerton WA Real Estate :: Bremerton Real Estate

My first encounter with Bremerton was back in the late 70's when my boat (USS George Washington SSBN-598) pulled into Bangor to onload missiles. I would drive the liberty van south down along Clear Creek Road, stopping at the four-way stop sign that was Silverdale, then along Chico Way, and on into downtown Bremerton. I can remember seeing movies at the Admiral theatre with my shipmates, or taking the ferryboat over to Seattle, to visit my Aunt & Uncle who lived in Mukilteo.

A lot has changed since then, especially down towards the waterfront. There's the new Kitsap Convention Center complex, which includes Anthony's Restaurant (one of the renowned chain of fine dining establishments throughout the Pacific Northwest), a Hampton Inn, Starbucks, Cold Stone Cremery, and several other retail stores/eateries, and Harborside Park, just to name a few. Numerous other major projects are in the works, including the 3200 ft. long Bremerton Boardwalk.

What is truly exciting about this revitilization program is that it is actually coming to pass! True progress is being made. Momentum has been picking up. The future of Bremerton WA is bright and full of tremendous hope and prosperity!

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