Bainbridge Island Real Estate Market Update | February 2020

Bainbridge Island Real Estate Market Update

The housing inventory is still limited.

January ended with 35± homes on the market. At the end of February, there were 38± homes for sale. There were 31 new listings, 16 of which went under contract. Additionally, 8 homes already on the market went under contract for a total of 24 (see below). There were 19 sales that closed in February at a median sales price of $950,000 with an average market time of 62 days.

(Comparatively, at the end of February last year, there were 51± homes for sale, 12 homes that went under contract, and 18 closed sales at a median sales price of $677,000 with an average market time of 65 days.)

Here are the 24 homes that went under contract in February:

Price Address Contract Date
1 $418,000 5180 NE Eagle Harbor Drive 2/27
2 $525,000 10561 North Madison Avenue NE 2/1
3 $669,000 4643 Blakely Avenue NE 2/26
4 $689,000 1127 Wing Point Way NE 2/27
5 $690,000 8128 High School Loop NE 2/14
6 $725,000 10744 Manitou Beach Drive NE 2/17
7 $799,000 220 Clayton Place NW 2/26
8 $839,000 8289 New Holland Court NE 2/18
9 $988,000 13838 La Vigne Court NE 2/22
10 $1,100,000 10342 Hyla Avenue NE 2/14 House Sale Contingent
11 $1,100,000 10352 Hyla Avenue NE 2/18
12 $1,100,000 10330 Hyla Avenue NE 2/18
13 $1,100,000 579 Ericksen Avenue NE 2/24
14 $1,125,000 10929 Sunrise Drive NE 2/2
15 $1,175,000 8421 NE Grizdale Lane 2/26
16 $1,195,000 712 Tiffany Meadows NE 2/11
17 $1,195,000 6448 NE Hidden Cove Road 2/27
18 $1,220,000 9333 Ferncliff Avenue NE 2/12
19 $1,225,000 6457 Haley Loop Road NE 2/28
20 $1,309,950 8680 NE Reserve Way 2/5
21 $1,586,000 4576 Point White Drive NE 2/14 Waterfront
22 $1,625,000 17950 Agate Pass Road NE 2/26 Waterfront
23 $1,725,000 6428 NE Eagle Harbor Drive 2/25 Waterfront
24 $3,250,000 Undisclosed 2/6 Waterfront

 

Information and statistics derived from Northwest Multiple Listing Service.

Posted on March 6, 2020 at 8:07 pm
Bill Hunt | Category: Real Estate Market Update, Uncategorized | Tagged , , , ,

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