Bainbridge Island Real Estate Market Update | March 2019

At the end of February, inventory is still limited with the number of homes for sale at 51+/and today there are 44+/-. Last year at this time there were 39+/- homes for sale. In the month of March this year there were 40 homes that went under contract (12 in February) and 13 closed sales (18 in February) that sold at a median sales price of $1,110,000 and an average market time of 65 days. This compares to March 2018; where there were 34 homes that went under contract and 31 closed sales that sold at a median sales price of $900,000 and an average market time of 78 days. Through the end of March, there have been 50 closed sales that sold at a median sales price of $842,500. Compared to the same period last year, there were 73 closed sales at a median sales price of $900,000, a 32.5% decrease in volume and a 6.4% decrease in the median sales price. (The median price is skewed by such a small sample size so early in the year.) There were 42 new listings in the month of March, 21 of which are under contract/sold.

Here are the 40 homes that went under contract in March:

Price

Address

Contract Date

1 $484,900 9012 Woodbank Dr NE 21-Mar House sale contingent
2 $489,000 1251 Patmos Lane NW 18-Mar
3 $574,000 8958 Fletcher Boulevard NE 15-Mar
4 $599,000 8230 NE Paulanna Lane 21-Mar
5 $599,000 8277 NE New Holland Ct 2-Mar
6 $689,000 1708 Park View Dr NE 5-Mar
7 $695,000 8625 Ma and Pa Lane NE 2-Mar
8 $710,000 1878 Fort Ward Hill Rd NE 18-Mar
9 $715,000 6001 NE Bligh Ct 22-Mar
10 $718,000 9225 NE Bluefin Ct 29-Mar
11 $721,500 9679 Battle Point Dr NE 30-Mar
12 $748,000 4333 NE Rhodes End Rd 28-Mar
13 $749,800 756 NE Brookcliff Lane 20-Mar
14 $750,000 6515 NE Ada’s Will Lane 14-Mar
15 $769,000 11514 Meadowmeer Cir NE 18-Mar
16 $810,000 391 Fir Acres Dr NW 15-Mar
17 $825,000 8490 NE Meadowmeer Dr 19-Mar
18 $870,000 13516 Chatri Place NE 16-Mar
19 $875,000 9446 NE Coral Ct 9-Mar
20 $899,900 10914 NE Bill Point Court 29-Mar
21 $936,000 10920 NE Bill Point Ct 4-Mar
22 $939,000 13838 La Vigne Ct NE 26-Mar
23 $998,500 13264 Teem Loop Rd NE 18-Mar
24 $999,000 11507 Blue Heron Lane NE 27-Mar Waterfront
25 $999,950 636 Landmark Ct NE 18-Mar
26 $1,048,000 4572 Point White Dr NE 26-Mar Waterfront
27 $1,049,000 724 Tiffany Meadows NE 30-Mar
28 $1,089,000 1174 High School Rd NE 26-Mar
29 $1,095,000 617 Landmark Ct NE 25-Mar
30 $1,098,000 7922 Grand Ave NE 30-Mar
31 $1,149,000 4360 Birkland Rd NE 30-Mar
32 $1,149,000 7990 Hansen Rd NE 15-Mar
33 $1,309,900 8722 NE Winslow Grove Ct 19-Mar
34 $1,334,900 8754 NE Winslow Grove Ct 4-Mar
35 $1,349,000 6686 Ne Bayview Blvd 18-Mar Waterfront-Closed 3/29 @ $1,466,000
36 $1,349,000 15712 Point Monroe Dr NE 5-Mar Waterfront
37 $1,445,000 11711 Two Creeks Rd NE 5-Mar Waterfront
38 $1,500,000 6717 NE Marshall Rd 7-Mar
39 $1,748,000 9368 NE Endicott St 21-Mar
40 $1,795,000 14739 Henderson Rd NE 8-Mar Waterfront

 

“Information and statistics derived from Northwest Multiple Listing Service.”

Posted on April 5, 2019 at 9:30 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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