Real Estate Market Update May 5, 2019

Bainbridge Island Real Estate Market Update | April 2019

Market Update April 2019

The housing inventory is still limited; but increasing. At the end of March, the number of homes for sale was 44+/and today there are 73+/-. Last year at this time there were 67+/- homes for sale. In the month of April this year there were 43 homes that went under contract (40 in March) and 36 closed sales (13 in March) that sold at a median sales price of $906,500 and an average market time of 51 days. This compares to April 2018; where there were 37 homes that went under contract and 30 closed sales that sold at a median sales price of $794,500 and an average market time of 53 days. Through the end of April, there have been 86 closed sales that sold at a median sales price of $865,000. Compared to the same period last year, there were 103 closed sales at a median sales price of $864,300, a 16.5% decrease in volume and essentially the same median sales price. There were 68 new listings in the month of April, 35 of which are under contract/sold.

Here are the 43 homes that went under contract in April:

Price

Contract

Contract Date

1

$399,999

8040 Bucklin Hill Rd NE

29-Apr

2

$545,000

7681 Weaver Rd NW

2-Apr

3

$579,000

10517 Gertie Johnson Rd

19-Apr

4

$598,000

9999 Ne Beachcrest Dr

16-Apr

5

$659,800

15050 Washington Ave NE

28-Apr

6

$698,000

11054 Madison Ave NE

24-Apr

7

$768,000

15523 Sunrise Dr NE

27-Apr

8

$785,000

656 Moji Lane NW

1-Apr

9

$789,000

6322 NE Lariat Loop

16-Apr

10

$832,000

16265 Agate Point Rd NE

30-Apr

11

$848,000

813 Lovell Ave NW

17-Apr

Closed 4/30 @ $893,000

12

$848,000

2175 Douglas Dr NE

21-Apr

13

$848,000

6989 NE Baker Hill Rd

2-Apr

14

$850,000

8950 Woodbank Dr NE

16-Apr

15

$865,000

9012 Nisqually Wy NE

11-Apr

16

$885,000

9431 Capstan Dr NE

22-Apr

House Sale Contingent

17

$918,000

10376 NE Sasquatch Lane

4-Apr

18

$929,000

900 Alder Ave NE

14-Apr

19

$939,000

5345 Battle Point Dr NE

8-Apr

House Sale Contingent

20

$949,950

6560 Maxwell Lane NE

28-Apr

21

$979,000

315 Ashbury Ct

28-Apr

22

$985,000

8648 Cherry Orchard Lane NE

23-Apr

23

$989,000

4168 El Cimo Lane NE

29-Apr

24

$1,098,000

7558 NE Emerald Wy

18-Apr

25

$1,128,000

5864 NE Old Mill Rd

29-Apr

26

$1,137,900

8747 NE Winslow Grove Ct

27-Apr

27

$1,148,000

6490 NE Justin Ct

25-Apr

28

$1,198,000

11260 NE Wing Point Dr

17-Apr

29

$1,200,000

10813 Bill Point View NE

29-Apr

30

$1,249,000

10379 Ne Blackwood Lane

15-Apr

31

$1,249,900

8746 Ne Winslow Grove Ct

19-Apr

32

$1,295,000

7024 Ne Gregg Farm Lane

13-Apr

33

$1,300,000

8000 Hansen Rd NE

4-Apr

34

$1,314,900

8711 NE Winslow Grove Ct

29-Apr

35

$1,337,900

8735 NE Winslow Grove Ct

16-Apr

House Sale Contingent

36

$1,379,000

9407 & 9285 Sands Ave NE

2-Apr

37

$1,499,900

8777 NE Winslow Grove Ct

12-Apr

38

$1,625,000

11391 Wing Point Way NE

8-Apr

39

$1,625,000

5976 Ne Whitmore Way

13-Apr

40

$2,395,000

9325 South Beach Dr NE

28-Apr

Waterfront

41

$2,688,000

16675 Mariner Ave NE

30-Apr

Waterfront

42

$4,398,000

3698 Point White Dr NE

20-Apr

Waterfront

43

$6,800,000

12269 Arrow Point Loop NE

1-Apr

Waterfront

 

 

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