Real Estate Market Update October 5, 2019

Bainbridge Island Real Estate Market Update | September 2019

Market Update September 2019

The housing inventory is stable from last month.  At the end of August, the number of homes for sale was 78+/and today there are 80+/-. Last year at this time there were 86+/- homes for sale. In the month of September this year there were 36 homes that went under contract (45 in August) and 34 closed sales (38 in August) that sold at a median sales price of $789,000 and an average market time of 43 days. This compares to September 2018, where there were 31 homes that went under contract and 33 closed sales that sold at a median sales price of $888,500 and an average market time of 38 days. Through the end of September, there have been 300 closed sales that sold at a median sales price of $914,000 and an average market time of 40 days. Compared to the same period last year, there were 336 closed sales at a median sales price of $885,993 and an average market time of 38 day; an 11% decrease in volume and a 3% increase in the median sales price. There were 41 new listings in the month of September, 22 of which are under contract/sold.

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

Price

Address

Contract Date

1

$449,000

9428 NE Viewcrest Avenue

23-Sep

2

$529,000

5415 NE Old Mill Road

17-Sep

3

$550,000

9570 NE Beach Crest Drive

11-Sep

4

$628,000

11831 Olympic Terrace Avenue NE

14-Sep

5

$629,000

5680 NE Foster Road

25-Sep

6

$639,000

381 Fir Acres Drive NW

8-Sep

7

$675,000

7064 NE Twin Ponds Road

8-Sep

8

$699,000

9612 NE Timberlane Place

7-Sep

9

$735,000

665 Moji Lane NW

4-Sep

Closed 9/24 @ $735,000

10

$725,000

10664 NE Valley Road

1-Sep

Closed 9/30 @ $750,000

11

$759,900

7596 NE Meadowmeer Lane

30-Sep

12

$795,000

317 Cave Avenue NE

21-Sep

13

$875,000

9164 Burlingame Court NE

6-Sep

Closed 9/26 @ $875,000

14

$898,000

4648 Island Avenue NE

8-Sep

15

$938,000

2215 Douglas Drive NE

24-Sep

16

$968,000

9533 NE Idel Weis Court

23-Sep

17

$1,040,000

12964 Roe Road NE

20-Sep

18

$1,085,000

3187 Point White Drive NE

24-Sep

19

$1,098,000

15039 Henderson Road NE

24-Sep

Waterfront

20

$1,098,000

4566 Tangleberry Lane NE

13-Sep

21

$1,099,000

9733 Sunny Hill Circle NE

20-Sep

22

$1,124,900

8576 NE Grizdale Lane

25-Sep

23

$1,200,000

678 Pierce Court NW

4-Sep

Closed 9/4 @ $1,200,000

24

$1,235,000

4200 Birkland Road NE

22-Sep

26

$1,325,000

320 Wood Avenue SW

22-Sep

26

$1,424,000

11021 NE Boulder Place

5-Sep

House Sale Contingent

27

$1,440,000

6601 NE Sundance Lane

24-Sep

28

$1,598,000

3180 Crystal Springs Drive NE

22-Sep

Waterfront

29

$1,675,000

1577 Parkview Drive NE

27-Sep

30

$1,998,000

7891 Hansen Road NE

15-Sep

Waterfront-House Sale Contingent

31

$1,999,998

6801 NE Bergman Road

29-Sep

Waterfront-House Sale Contingent

32

$2,100,000

9753 Big Fir Lane NE

12-Sep

Closed 9/12 @ $2,100,000

33

$2,185,000

6576 NE Tara Lane

20-Sep

34

$2,298,000

17200 Kinnear Place NE

20-Sep

Waterfront

35

$3,198,000

12659 Manzanita Road NE

25-Sep

Waterfront

36

$3,648,000

9340 NE South Beach Drive

6-Sep

Waterfront

 

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