Tuesday, October 4, 2011

Bainbridge market report for September

 Closed Transactions Month of September

Please note: we are comparing closings for September of this year to the same month last year.

The Bainbridge market continues to improve. 44% more homes closed last month.

Transactions closed 47 days faster.  The average selling price was down 32%.  
Sellers accepted nine percent less than they originally asked.


There are 235 homes in inventory,  34 fewer than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $956,000, up again from last month) , with  the median price rising from $645,000 last month to $670,000.  
In summary, Bainbridge has fewer homes in inventory with prices higher than last month. It is still a buyer's market, but the trend is moving toward neutral.

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



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