Real Estate Market Update December 9, 2019

Bainbridge Island Real Estate Market Update | November 2019

Bill Hunt Windermere Bainbridge

The housing inventory is continuing to dip from last month which is typical for this of year.  At the end of October, the number of homes for sale was 74+/and today there are 62+/-.  Last year at this time there were 57+/- homes for sale. In the month of November this year there were 24 homes that went under contract (30 in October) and 26 closed sales (38 in October) that sold at a median sales price of $1,049,000 and an average market time of 68 days. This compares to November 2018 where there were 22 homes that went under contract and 19 closed sales that sold at a median sales price of $842,500 and an average market time of 49 days. Through the end of November, there have been 365 closed sales that sold at a median sales price of $920,000 and an average market time of 44 days. Compared to the same period last year, there were 392 closed sales at a median sales price of $898,250 and an average market time of 39 days…. a 7% decrease in volume and a 2.4% increase in the median sales price. There were 20 new listings in the month of November, 8 of which are under contract/sold.

Here are the 26 homes that went under contract in November:

Price Address Contract Date
1 $449,000 9428 NE Viewcrest Avenue 21-Nov
2 $500,000 7010 NE Dolphin Drive 12-Nov
3 $599,000 7030 NE Dolphin Drive 20-Nov
4 $635,000 10190 NE Yaquina Avenue 27-Nov
5 $649,000 13891 John Street NE 22-Nov
6 $660,000 9640 Evergreen Avenue NE 17-Nov
7 $685,000 5366 Diamond Place NE 15-Nov
8 $686,000 464 Seed Path NW 25-Nov
9 $699,000 10459 Duncan Lane NE 26-Nov
10 $699,500 7480 NE Bay Hill Road 1-Nov
11 $725,000 10045 NE Summerberry Court 11-Nov House Sale Contingent
12 $815,000 9580 NE North Town Loop 5-Nov Closed 11/15 @ $805,000
13 $829,000 9591 NE Battle Point Drive 26-Nov
14 $865,000 9969 NE Knight Road 22-Nov
15 $985,000 172 Grow Avenue NW 27-Nov
16 $1,018,000 6533 Fletcher Bay Road NE 17-Nov
17 $1,118,990 10698 North Madison Avenue 14-Nov House Sale Contingent
18 $1,168,000 6522 NE Bayview Boulevard 9-Nov Waterfront
19 $1,195,000 13101 Trail Heights Court NE 1-Nov Closed 11/8 @ $1,165,000
20 $1,196,000 9740 NE Charisma Circle 6-Nov
21 $1,198,000 3684 Lavender Lane NE 2-Nov Closed 11/22 @$1,098,000
22 $1,250,000 764 Ferryview Lane NE 2-Nov
23 $1,400,000 8605 Reserve Way 26-Nov
24 $1,595,000 179 Wood Avenue SW 5-Nov
25 $1,675,000 9781 NE Sunny Hill Circle 17-Nov House Sale Contingent
26 $2,868,000 13389 Manzanita Road NE 1-Nov Waterfront

 

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