Bainbridge market: June adds homes to inventory

 Closed Transactions Month of June

Please note: we are comparing closings for June of this year to last year.

26% fewer homes closed in June this year.

Transactions took about 10 days longer to close.  The average selling price was down nine percent.  

Sellers accepted 12% less than they originally asked.


There are 249 homes in inventory, 20 more than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $949,000, down from last month) , with half the inventory under $679,000.  

Factoring out homes listed at over $1M, the average home in Bainbridge is listed at $541,000, with half the homes under $479,000.  

In summary, Bainbridge has more homes in inventory with prices lower than last month. Still a strong buyer's market.

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