Bainbridge: December Closed Transactions
Please note: we are comparing closings for December of this year to the same month last year.
32 percent fewer homes closed this December.
Transactions closed 13 days faster. The average selling price was down 22%.
Sellers accepted 12% less than they originally asked.
Sellers accepted 12% less than they originally asked.
If you would like details of the home that closed in your neighborhood, call or email me.
There are 170 homes in inventory at all price ranges (the highest listing is $8.88M). Average listing price is $848,000, down $117,000 from last month) , with the median price dropping from $650,00 to $595,000.
In summary, Bainbridge has fewer homes in inventory with prices lower than last month. It is still a buyer's market, but the trend is moving toward neutral.
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