Bainbridge Island Real Estate Market Update | July 2019

The housing inventory is increasing from its historically low levels. At the end of June, the number of homes for sale was 110+/and today there are 108+/-. Last year at this time there were 88+/- homes for sale. In the month of July this year there were 36 homes that went under contract (38 in June) and 43 closed sales (47 in June) that sold at a median sales price of $848,000 and an average market time of 32 days. This compares to July 2018; where there were 50 homes that went under contract and 47 closed sales that sold at a median sales price of $959,500 and an average market time of 32 days. Through the end of July, there have been 228 closed sales that sold at a median sales price of $919,500 and an average market time of 40 days. Compared to the same period last year, there were 248 closed sales at a median sales price of $887,500 and an average market time of 38 days; with an 8% decrease in volume and a 3.5% increase in the median sales price. There were 52 new listings in the month of July; 20 of which are under contract/sold.

Here are the 36 homes that went under contract in July:

Price

Address

Contract Date

1

$535,000

11669 NE Sunset Lp

31-Jul

2

$549,000

3920 Lytle Rd NE

6-Jul

Closed 7/31 @ $586,250

3

$559,900

1162 Grow Ave NW

16-Jul

Closed 7/30 @ $528,000

4

$588,500

736 Tiffany Meadows Drive NE

19-Jul

5

$595,000

1411 Elizabeth Place NW

19-Jul

6

$599,000

9196 NE Wardwell Rd

3-Jul

7

$638,000

801 Park Ave NE

25-Jul

8

$675,000

8320 Ferncliff Ave NE

31-Jul

9

$685,000

2486 Fort Ward Hill Rd NE

4-Jul

Closed 7/31 @ $665,000

10

$719,000

1861 NE Park View Dr

28-Jul

11

$735,000

15473 Sunrise Dr NE

30-Jul

12

$775,000

6431 NE Eagle Harbor Dr

30-Jul

13

$813,500

9566 NE North Town Lp

11-Jul

14

$835,000

928 Chery Ave NE

11-Jul

15

$840,000

9656 NE North Town Lp

20-Jul

16

$849,000

10566 NE Quiet Valley Lane

19-Jul

17

$887,000

9150 Burlingame Ct NE

2-Jul

Closed 7/25 @ $890,000

18

$899,900

13990 Hidden Heights Lane NE

10-Jul

19

$939,000

8655 NE Stager Ct

9-Jul

20

$988,000

502 Pierce Ct NW

7-Jul

21

$1,099,000

14440 Sunrise Dr NE

31-Jul

22

$1,099,000

4684 Blakely Ct E

23-Jul

23

$1,100,000

10417 NE Puget Bluff Lane

14-Jul

24

$1,148,000

6443 Haley Loop Rd NE

24-Jul

25

$1,195,000

611 Landmark Ct NE

30-Jul

26

$1,195,000

6688 Latyson Lane NE

17-Jul

27

$1,198,000

6452 Haley Loop Rd NE

19-Jul

28

$1,227,900

8784 NE Winslow Grove Ct

18-Jul

29

$1,235,000

7817 Ledgestone Lp

4-Jul

30

$1,298,000

1076 Alexander Place NE

12-Jul

31

$1,445,000

2970 Pleasant Beach Dr NE

27-Jul

32

$1,488,000

10866 NE Bill Point Dr

24-Jul

33

$1,798,000

7300 Madrona Dr NE

29-Jul

Waterfront

34

$1,848,000

1511 Summerfield Lane NE

18-Jul

35

$1,899,000

8500 NE County Park Rd

18-Jul

Waterfront

36

$3,800,000

4925 NE Tolo Rd

16-Jul

Waterfront

 

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

Posted on August 5, 2019 at 9:51 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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