Bainbridge market report for July

 Closed Transactions Month of July

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

80% more homes closed in July this year.

Transactions took about 65 days longer to close.  The average selling price was down seven percent.  

Sellers accepted 9% less than they originally asked.


There are 280 homes in inventory, 31 more than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $890,000, down from last month) , with half the inventory under $657,000.  

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.