Bainbridge Island activity up slightly in fourth quarter

Bainbridge Island Fourth Quarter Closed Transactions

Activity during the fourth quarter this year increased two percent over the fourth quarter of last year.

Transactions closed about a week faster.  The average sale price fell only one percent. Sellers accepted 14% less than they originally asked.

If you'd like the selling details of the home that sold in your neighborhood, just ask.

December market report for Bainbridge

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.

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. 

November market report for Bainbridge: More closings, fewer homes in inventory

Bainbridge: Closed Transactions November

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

The Bainbridge market improved for the third consecutive month. Six percent more homes closed last month.

Transactions closed five days slower.  The average selling price was up 28%.  
Sellers accepted 13% less than they originally asked.

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

There are 194 homes in inventory*, 46 fewer than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $965,000, up $19,000 from last month) , with  the median price increasing to $650,000.  

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. 

*not counting bank-owned properties

Bainbridge market continues to improve

Closed Transactions Month of October

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

The Bainbridge market improved for the second consecutive month. 69% more homes closed last month.

Transactions closed five days faster.  The average selling price was up 34%.  
Sellers accepted 15% less than they originally asked.

There are 221 homes in inventory,  13 fewer than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $946,000, up again from last month) , with  the median price falling from $670,000 last month to $639,000.  

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.

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

Bainbridge market report for August

 Closed Transactions Month of August

Please note: we are comparing closings for August of this year to last year's August.

10% more homes closed in August this year.

Transactions took about 22 days longer to close.  The average selling price was down 26%.  
Sellers accepted seven percent less than they originally asked.


There are 269 homes in inventory,  11 fewer than last month, at all price ranges (the highest listing is $8.8M).  Average listing  price is $924,143, up from last month) , with  the median price dropping from $657,000 last month to $645,000.  

In summary, Bainbridge has fewer homes in inventory with prices higher than last month. It is still a buyer's market.

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

Second quarter activity very slow in Bainbridge

Second Quarter 2011

The second quarter of 2011 showed a marked decline in transactions compared to the second quarter of 2010, but remember that there was increased activity last year due to the tax credit.

Nearly a third fewer transactions. Closings nearly two weeks slower.

The average selling price dropped two percent. Sellers accepted 13% less than they had originally asked.

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

Bainbridge market still slow in May

 Closed Transactions Month of May

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

32% fewer homes closed in May this year.

Transactions took nearly 4 months longer to close.  The average selling price was 20%  higher.   

Sellers accepted 16% less than they originally asked.


There are 226 homes in inventory at all price ranges (the highest listing is $8.8M).  Average listing  price is $982,166) , with half the inventory under $695,000.  

54 of the homes on the market are priced over $1M. Factoring out those listings results in 157 homes averaging $558,500, with half of these homes under $525,000.

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

Bainbridge housing report for April

 Closed Transactions Month of April

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

28% fewer homes closed in April this year.

Transactions closed nearly a month more slowly.  The average selling price was six percent higher.   

Sellers accepted 16% less than they originally asked.


There are 193 homes in inventory at all price ranges (the highest listing is $4.4M).  Average listing  price is $863,000) , with half the inventory under $645,000. 

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

First quarter activity up in Bainbridge

First Quarter 2011

The first quarter of 2011 saw a healthy increase of 12% compared to the first quarter of 2010.

Transactions closed more quickly (37 days). The average selling price dropped 18%. Sellers accepted 17% less than they had originally asked.

If you are a buyer, now is the time. If you are a seller, be patient.

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

2010 closings down in Bainbridge Island

Annual Transaction Report for 2010

Here are last year's statistics for Bainbridge Island. 

2010 saw a decrease of forty-eight percent in closed transactions compared to the previous year. 


The average sale price was higher by three percent. Sellers accepted thirteen percent less than their original listing price.

Bainbridge Island continues to be a buyers' market. As of this date (February 15), there are 161 single family homes in inventory.  Average list price is $850,000, but there are homes in every price bracket. Half the homes on the market are below the median list price of $640,000.

If you'd like the selling details of the home that closed in your neighborhood, just ask.

Bainbridge Home Sales: Fourth Quarter Report

Fourth Quarter 2010

The fourth quarter of 2010 did not compare well with 2009. Fewer transactions, slower time to close, a ten percent drop in average sales price. 

We do not expect this decline in sales to continue long. As interest rates start to climb (this climb is inevitable), buyers will decide to get off the fence and begin making offers. 

If you are a buyer, now is the time. If you are a seller, be patient.

As of this post, there are 161 single family residences on the market, ranging in list price from $69,000 to $4.25 million. The average list price is $863,210. 

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

Bainbridge Market Report: slow, low for month of October

 Closed Transactions Month of October

Forty-three percent fewer closings this October than last year.

Transactions closed faster but the average selling price down by twenty-eight percent. 

Inventory on Bainbridge is still good. It's still a buyer's market

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

Bainbridge market still sluggish

Closed Transactions Sept 8-15

The average sale price is skewed because of another unusually large sale. That sale took nearly two years to close, so average time on market is also skewed.

Overall, the market continues slow and continues to favor buyers.

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

Bainbridge Market Report: Sept 8-14

Closed Transactions Sept 8-15

The apparent increases in days to sell and average selling price are skewed by the sale of a $2M+ home this week. Overall, the market continues slow and continues to favor buyers.

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