Real Estate Market Update November 5, 2019

Bainbridge Island Real Estate Market Update | October 2019

Market Update October 2019

The housing inventory is stable from last month.  At the end of September, the number of homes for sale was 80+/and today there are 74+/-.  Last year at this time there were 76+/- homes for sale. In the month of October this year there were 30 homes that went under contract (36 in September) and 38 closed sales (34 in September) that sold at a median sales price of $1,027,000 and an average market time of 32 days. This compares to October 2018, where there were 30 homes that went under contract and 36 closed sales that sold at a median sales price of $1,130,000 and an average market time of 43 days. Through the end of October, there have been 338 closed sales that sold at a median sales price of $919,500 and an average market time of 42 days. Compared to the same period last year, there were 372 closed sales at a median sales price of $900,000 and an average market time of 39 day; a 9% decrease in volume and a 2% increase in the median sales price. There were 39 new listings in the month of October – 12 of which are under contract/sold.

Here are the 30 homes that went under contract in October:

Price

Address

Contract Date

1

$459,000

8139 Quail Hill Road

29-Oct

2

$499,000

5808 Foster Road

26-Oct

3

$625,000

651 Moji Lane

23-Oct

4

$625,000

15455 Smoland Lane

17-Oct

5

$650,000

310 Wyatt Way

20-Oct

6

$660,000

9640 Evergreen Avenue

23-Oct

7

$674,900

15659 Point Monroe Drive

8-Oct

Waterfront- Closed 10/31 @ $665,500

8

$700,000

5275 Old Mill Road

23-Oct

9

$788,000

1177 Grow Avenue

15-Oct

10

$795,000

7868 Koura Road

22-Oct

11

$815,000

9400 North Town Loop

14-Oct

Closed 10/31 @ $815,000

12

$818,000

12580 Vista Drive

22-Oct

13

$825,000

9285 Fletcher Bay Road

14-Oct

14

$829,000

9403 Capstan Drive

23-Oct

15

$829,000

10217 Garibaldi Loop

26-Oct

16

$890,000

476 Ashbury Court

16-Oct

17

$894,000

15355 Washington Avenue

17-Oct

Closed 10/17 @ $894,000

18

$899,000

315 Ashbury Court

21-Oct

19

$939,000

6629 Jay Street

27-Oct

20

$1,050,000

5831 Rose Loop

16-Oct

21

$1,118,990

10698 North Madison

22-Oct

22

$1,250,000

11278 Wing Point Drive

16-Oct

23

$1,299,000

9638 Green Spot Place

1-Oct

Waterfront- Closed 10/9 @ $1,250,000

24

$1,299,900

10899 Bill Point Drive

4-Oct

Closed 10/31 @ $1,250,000

25

$1,320,000

8000 Lovgreen Road

2-Oct

26

$1,600,000

15124 Skogen Lane

5-Oct

Waterfront

27

$1,600,000

10950 Broomgerrie Road

14-Oct

Waterfront

28

$2,198,000

10011 South Beach Drive

17-Oct

Waterfront

29

$3,600,000

14930 Sunrise Drive

23-Oct

Waterfront

30

$3,678,000

3853 Pleasant Beach Drive

15-Oct

Waterfront

 

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