Bremerton, WA - House Price Index (HPI)
Bremerton Real Estate Market Forecast
The House Price Index (HPI) shows changes in Bremerton-Silverdale, WA single family home prices
in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
Bremerton Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  2534.56
3rd Quarter, 2018 Housing Statistics: Bremerton, Washington


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      77%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Bremerton housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Bremerton is 77%. In other words, when tested against historical
data, the forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Bremerton is 77% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2019 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Bremerton
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      74%

The forecast for the trend in the Bremerton housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Bremerton is 74%. In other words, when tested against historical
data, the forecasting methodology was correct 74% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Bremerton is 74% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd
Quarter of 2018. Check this page each quarter for updates to the Bremerton
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Bremerton, Washington


Historical Home Price Appreciation
Last Quarter                                     1.79%
Last Year . . . . . . . . . . . . . . . . . . . .  12.5%
Last 5 Years                                     57%
Last 10 Years . . . . . . . . . . . . . . . . . 26%
Last 20 Years                                   156%



Annual Home Price Appreciation Rates
1988      1.80%
1989      17.31%
1990      15.22%
1991      11.77%
1992      5.10%
1993      3.74%
1994      2.56%
1995      4.10%
1996      -0.34%
1997      1.67%
1998      4.95%
1999      3.76%
2000      6.26%
2001      5.92%
2002      6.75%
2003      7.68%
2004      15.97%
2005      19.96%
2006      13.67%
2007      2.21%
2008      -8.31%
2009      -9.46%
2010      -4.07%
2011      -4.37%
2012      -3.07%
2013      -0.06%
2014      7.94%
2015      10.95%
2016      8.90%
2017      10.49%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.79%         Rank: 163 of 381 (57th Percentile)
Last Year  . . . . . . . . . . . . . . . .  12.5%          Rank: 13 of 381 (96th Percentile)
Last 5 Years                              57%            Rank: 38 of 381 (90th Percentile)
Last 10 Years  . . . . . . . . . . . .   26%            Rank: 118 of 381 (69th Percentile)
Last 20 Years                            156%          Rank: 35 of 379 (91st Percentile)


The change in home prices for Bremerton-Silverdale, WA are shown above for
five time periods. For example: Bremerton appreciated 1.79% in the Last
Quarter. At that rate, the Bremerton Real Estate Market was ranked 163rd out
of 381 metropolitan Real Estate Markets. Bremerton was in the 57th percentile.
So Bremerton, WA performed better in the Last Quarter than 57% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Bremerton, Washington

The data and analysis on this page pertains to Bremerton-Silverdale, WA,
hereinafter referred to as "Bremerton". The all time high in the Bremerton Home
Price Index was 286.0 in the 3rd Quarter, of 2018.  The Home Price Index
indicates that the Bremerton Market is up 26% over the last 10 years. Home
prices in the Bremerton Real Estate Market have gained 12.52% over the last
12 months. Over the last thirty years, it is up 370%.

The 3rd Quarter index value was 5.04 points higher than the 2nd Quarter, 2018
index value of 280.96, resulting in a 1.79% rise in the 3rd Quarter for the
Bremerton Market.

The Bremerton Home Price Index has increased for the last 10 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 29 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Winchester, VA; Trenton, NJ; Peoria, IL;
Great Falls, MT and Fayetteville, NC, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Bremerton Real Estate
Market was 24% in the twelve months ended with the 1st Quarter of 1982. The
worst annual change in home values  in the Bremerton Market was -10% in the
twelve months ended with the 2nd Quarter of 2009.

The highest growth in home values in the Bremerton Real Estate Market over a
three year period was 60% in the three years ended with the 3rd Quarter of
2006. The worst performance over a three year period in the Bremerton Market
was -22% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Bremerton Home Price Index
(above). For information about Washington home values, click Real Estate
Market Forecasts in the navigation bar at the top of this page.  You'll see long
term charts and analysis that will provide tremendous insight into the historical
trends of residential property values. Bookmark this page! Then
LittleBigHomes.com's detailed research and statistics about Bremerton Home
Prices will be at your fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Bremerton Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Bremerton Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2018 Housing Data: Bremerton, Washington

The trend of Bremerton Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Bremerton-Silverdale, WA, hereinafter referred to as "Bremerton".

Last Quarter:
During the 3rd Quarter of 2018, Bremerton Home Prices had a rank of 163, with
appreciation of 1.79%. The top performing real estate market during the 3rd
Quarter was Sumter, SC, with a rise of 13.55%. The worst market during that
period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Bremerton Home Prices had a rank of 13, with
appreciation during the year of 12.52%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Bremerton Home Prices
ranked 38, with a total appreciation of 57.0%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Bremerton Home Prices
had a rank of 118, with appreciation during the decade of 26%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Bremerton Home Prices
had a rank of 35, with total growth over the 20 year period of 156%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Bremerton Real Estate
Market is available back to the 4th Quarter, of 1979. All calculations are based
on the quarterly value of the House Price Index for Bremerton. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Thursday, December 20, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.




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