Bainbridge Island Real Estate Market Update | August 2019

The housing inventory is decreasing from the yearly high summer season levels. At the end of July, the number of homes for sale was 108+/and today there are 78+/-. Last year at this time there were 91+/- homes for sale. In the month of August this year there were 45 homes that went under contract (36 in July) and 36 closed sales (43 in July) that sold at a median sales price of $1,034,500 and an average market time of 39 days. This compares to August 2018; where there were 37 homes that went under contract and 55 closed sales that sold at a median sales price of $880,000 with an average market time of 37 days. Through the end of August, there have been 264 closed sales that sold at a median sales price of $920,000 and an average market time of 40 days. Compared to the same period last year, there were 303 closed sales at a median sales price of $885,000 and an average market time of 38 days; a 13% decrease in volume and a 4% increase in the median sales price. There were 24 new listings in the month of August, 12 of which are under contract/sold.

Here are the 45 homes that went under contract in August:

Price

Address

Contract Date

1

$435,000

8062 Sands Ave NE

23-Aug

2

$449,000

7611 NE Hidden Cove Rd

3-Aug

3

$469,000

5489 Lynwood Center Rd NE

15-Aug

4

$535,000

11669 NE Sunset Lp

1-Aug

Closed 8/29 @ $535,000

5

$540,000

8842 NE Day Rd

3-Aug

6

$569,000

12101 Pleasant Place NE

20-Aug

7

$569,500

8980 Bay St NE

15-Aug

8

$628,000

10646 Manitou Beach Dr NE

28-Aug

9

$659,000

15745 Point Monroe Dr NE

13-Aug

Waterfront

10

$668,000

9634 NE Evergreen Ave

1-Aug

11

$669,000

7077 NE Bay Hill Rd

28-Aug

12

$689,000

1890 Willow Ave NE

5-Aug

13

$698,000

15338 Harvey Rd NE

11-Aug

14

$699,967

1415 Elizabeth Place NW

20-Aug

15

$729,900

13891 John St NE

29-Aug

16

$798,000

9198 & 9200 Ferncliff Ave NE

28-Aug

17

$799,000

5796 NE Tolo Rd

9-Aug

18

$815,000

10117 NE Garibaldi Lp

28-Aug

19

$825,000

4954 NE North Tolo

4-Aug

20

$865,000

10908 NE Bill Point Ct

10-Aug

21

$939,000

7001 NE Berganio Rd

31-Aug

22

$975,000

6969 NE New Brooklyn Rd

29-Aug

23

$1,029,000

10788 NE Bill Point Dr

11-Aug

24

$1,058,000

14087 Farmview Lane NE

17-Aug

25

$1,089,000

9569 NE Torvanger Rd

17-Aug

26

$1,175,000

13269 Fairfield Place NE

14-Aug

27

$1,198,000

3684 Lavender Lane NE

8-Aug

28

$1,200,000

175 Wood Ave SW

12-Aug

Closed 8/29 @ $1,310,000

29

$1,218,000

8174 Irving Lane NE

30-Aug

30

$1,249,000

9740 NE Charisma Cir

19-Aug

31

$1,250,000

14677 Sivertson Rd NE

29-Aug

32

$1,299,000

6517 Ridge Lane NE

31-Aug

33

$1,325,000

8326 NE Sumanee Place

6-Aug

34

$1,390,000

10197 NE South Beach Dr

27-Aug

Waterfront

35

$1,399,950

8664 NE Reserve Wy

22-Aug

36

$1,400,000

14522 Chesapeake Place NE

21-Aug

37

$1,468,800

15041 Skogen Lane NE

30-Aug

Waterfront

38

$1,498,000

15712 Point Monroe Dr NE

20-Aug

Waterfront

39

$1,550,000

12169 Arrow Point Lp NE

10-Aug

Waterfront

40

$1,675,000

1577 Parkview Dr NE

1-Aug

41

$1,695,000

8346 Grand Ave NE

14-Aug

42

$2,295,000

4672 Rockaway Beach Rd NE

13-Aug

Waterfront- Closed 8/22 @ $2,200,000

43

$2,590,000

16661 Mariner Ave NE

31-Aug

Waterfront

44

$2,795,000

5887 Rose Lp NE

1-Aug

Waterfront

45

$3,385,000

10462 NE Country Club Rd

18-Aug

Waterfront

 

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

Posted on September 5, 2019 at 10:01 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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