Real Estate Market Update July 5, 2019

Bainbridge Island Real Estate Market Update | June 2019

Market Update June 2019

The housing inventory is increasing. At the end of May, the number of homes for sale was 86+/and today there are 110+/-. Last year at this time there were 85+/- homes for sale. In the month of June this year there were 38 homes that went under contract (48 in May) and 47 closed sales (42 in May) that sold at a median sales price of $1,050,000 and an average market time of 31 days. This compares to June 2018; where there were 52 homes that went under contract and 54 closed sales that sold at a median sales price of $888,250 and an average market time of 22 days. Through the end of June, there have been 183 closed sales that sold at a median sales price of $930,000 and an average market time of 43 days. Compared to the same period last year, there were 201 closed sales at a median sales price of $874,995 and an average market time of 40 days; a 9% decrease in volume and a 6.3% increase in the median sales price. There were 71 new listings in the month of June 20, of which are under contract/sold.

Here are the 38 homes that went under contract in June:

 

Price

Address

Contract Date

1

$425,000

9023 Fletcher Blvd NE

10-Jun

2

$610,000

10049 NE Beach Crest Drive

19-Jun

3

$625,000

1042 Lovell Ave NW

21-Jun

4

$639,900

2033 Soundview Dr NE

17-Jun

5

$675,000

13200 Sunrise Dr NE

17-Jun

6

$695,000

729 Moji Lane NW

20-Jun

7

$698,000

7445 NE Hidden Cove Rd

26-Jun

8

$715,000

8320 Ferncliff Ave NE

21-Jun

9

$725,000

5684 NE Wild Cherry Lane

18-Jun

10

$725,000

9555 NE Daniel Ct

4-Jun

11

$738,000

9480 Windsong Lp NE

11-Jun

House Sale Contingent

12

$770,000

1106 NE Wing Point Wy

12-Jun

13

$779,000

7150 Fletcher Bay Rd NE

5-Jun

14

$795,000

8199 NE Mabrey Lane

23-Jun

15

$838,000

9355 NE North Town Lp

12-Jun

Closed 6/28 @ $860,000

16

$848,000

9153 Burlingame Ct NE

21-Jun

17

$865,000

14940 Sunrise Dr NE

29-Jun

18

$938,000

8379 Sumanee Place NE

24-Jun

19

$978,000

6716 NE Baker Hill Rd

23-Jun

20

$989,000

6775 NE Honeysuckle Lane

30-Jun

21

$1,065,000

11655 Olympic Terrace Ave NE

14-Jun

22

$1,125,000

8123 Eleanor Place NE

14-Jun

23

$1,179,000

13000 NE Trail Heights Ct

4-Jun

Closed 6/26 @ $1,167,500

24

$1,249,900

8771 NE Winslow Grove Ct

17-Jun

25

$1,251,900

8730 NE Winslow Grove Ct

11-Jun

26

$1,295,000

8737 Battle Point Dr NE

10-Jun

Waterfront

27

$1,329,900

8770 NE Winslow Grove Ct

16-Jun

28

$1,337,900

8735 NE Winslow Grove Ct

14-Jun

29

$1,348,000

8326 NE Sumanee Place

24-Jun

30

$1,395,000

6975 Island Center Rd NE

29-Jun

31

$1,400,000

1580 & Lot 3 Fort Ward Hill Rd

18-Jun

32

$1,490,000

7080 Ridge Lane NE

23-Jun

33

$1,498,000

10094 Edgecombe Place NE

5-Jun

Waterfront

34

$1,798,000

10150 Citation Ct NE

10-Jun

Closed 6/28 @ $1,695,300

35

$1,895,000

15123 NE Anna Vera Lane

10-Jun

Waterfront

36

$2,295,000

4672 Rockaway Beach Rd NE

7-Jun

Waterfront

37

$2,298,000

9975 NE South Beach Dr

22-Jun

Waterfront

38

$3,680,000

15650 Euclid Ave NE

15-Jun

Waterfront

 

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