Bainbridge Island Real Estate Market Update | May 2019

The housing inventory is still limited; but increasing. At the end of April, the number of homes for sale was 73+/and today there are 86+/-. Last year at this time there were 83+/- homes for sale. In the month of May this year there were 48 homes that went under contract (43 in April) and 42 closed sales (36 in April) that sold at a median sales price of $980,000 and an average market time of 16 days. This compares to May 2018; where there were 50 homes that went under contract and 44 closed sales that sold at a median sales price of $871,000 and an average market time of 44 days. Through the end of May, there have been 130 closed sales that sold at a median sales price of $909,500 and an average market time of 47 days. Compared to the same period last year, there were 147 closed sales at a median sales price of $867,000 and an average market time of 47 days; a 11.5% decrease in volume and a 4.9% increase in the median sales price. There were 70 new listings in the month of May, 26 of which are under contract/sold.

Here are the 48 homes that went under contract in May:

Price

Address

Contract Date

1

$359,000

8480 NE Hansen Rd

24-May

2

$385,000

7098 NE Bay Hill Rd

19-May

3

$569,500

6045 Blakely Ave NE

29-May

4

$598,000

8898 Fletcher Boulevard NE

5-May

Closed 5/31 @ $620,000

5

$625,000

15455 Smoland Lane NE

2-May

6

$628,000

13391 Phelps Rd NE

25-May

7

$648,000

741 Grow Ave NW

21-May

8

$699,000

1725 Parkview Dr NE

15-May

9

$739,000

1616 Parkview Dr NE

1-May

10

$789,000

4474 NE Old Mill Rd

3-May

11

$810,000

9491 Bucsit Lane NE

13-May

12

$825,000

11129 Forest Lane NE

28-May

13

$829,000

15620 Agatewood Rd NE

23-May

14

$829,000

9657 NE North Town Lp

5-May

15

$860,000

742 Alder Ave NE

31-May

16

$868,000

4644 Island Ave NE

27-May

17

$869,000

8748 NE Rosario Place

14-May

18

$885,000

4629 Island Avenue NE

3-May

Closed 5/30 @ $930,000

19

$889,000

5456 Diamond Place NE

10-May

20

$907,000

5940 Rose Lp NE

28-May

House Sale Contingent

21

$915,000

10269 NE Beach Crest Dr

18-May

22

$945,000

9867 NE Bolero Dr

24-May

23

$945,000

9439 Capstan Dr NE

18-May

24

$950,000

5714 Solana Lane NE

20-May

25

$988,000

8495 Grand Ave NE

19-May

26

$989,000

11246 Fieldstone Lane NE

28-May

27

$995,000

6903 NE New Brooklyn Rd

7-May

28

$1,018,800

540 Park Ave

5-May

29

$1,025,000

912 Isaac Ave NE

13-May

30

$1,049,000

13940 Ellingsen Rd NE

29-May

31

$1,079,000

10521 NE Sunrise Bluff Lane

3-May

32

$1,095,000

3144 Pleasant Beach Dr NE

28-May

33

$1,135,000

14537 Misty Vale Place NE

14-May

34

$1,144,900

8701 NE Winslow Grove Ct

5-May

35

$1,149,000

643 Annie Rose Lane NW

10-May

Closed 5/29 @ $1,050,000

36

$1,198,000

3896 Crystal Springs Dr NE

16-May

37

$1,199,000

10795 Skinner Rd NE

8-May

38

$1,200,000

10813 Bill Point View NE

30-May

39

$1,245,000

7354 NE West Port Madison Rd

6-May

Closed 5/31 @ $1,223,000

40

$1,248,000

4355 Point White Dr NE

24-May

House Sale Contingent

41

$1,295,000

13404 NE Cambridge Crest Wy

1-May

42

$1,299,000

13265 Fairfield Place NE

18-May

43

$1,348,000

6900 NE Dolphin Dr

1-May

44

$1,395,500

4355 Eagle Harbor Dr NE

19-May

45

$1,449,000

11021 NE Boulder Place

29-May

46

$1,749,000

4917 NE Tolo Rd

30-May

Waterfront-House Sale Contingent

47

$2,300,000

7348 Madrona Dr NE

20-May

Waterfront

48

$3,495,000

9515 NE South Beach Dr

13-May

Waterfront

 

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

Posted on June 5, 2019 at 9:42 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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