Tuesday, March 1, 2011

Bainbridge sales pick up slightly in February

 Closed Transactions Month of February

Please note: we are comparing closings during this year's February and last year's February.

17% more homes closed in February this year.

Transactions closed three months faster.  The average selling price was less by 25 percent.   

Sellers accepted 26% less than they originally asked (the average sale price is skewed because of an unusually high number of $1M+ homes selling in February 2010).

There are plenty of homes in inventory at all price ranges ($170,000 - $4,275,000). Average asking price is $878,838, with half of the 157 homes under $650,000.

If you would like details of the home that closed in your neighborhood, call or email me.















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