Bainbridge Island Real Estate Market Update | September 2020

Bainbridge Island September 2020

The story remains the same for the Bainbridge Island real estate market through the month of September. Although inventory is down by nearly half compared to this time last year, the number of sales year-to-date is up. The pace of the market continues to be brisk as 61% of the new listings that came on the market in September went under contract.

August ended with 32± homes on the market. At the end of September, there were 46± homes for sale. There were 56 new listings in August, 34 of which went under contract. Additionally, 20 homes already on the market went under contract for a total of 54 (see below). There were 55 sales that closed in September at a median sales price of $1,065,000 with an average market time of 38 days.

Comparatively, for the month of September last year, there were 80± homes for sale, 36 homes that went under contract, and 35 closed sales at a median sales price of $798,000 with an average market time of 43 days.

Through the end of September, there have been 333 closed sales at a median sales price of $995,000. Compared to the same period last year, there were 301 closed sales at a median sales price of $918,000, an increase in volume of 10.6% and an 8.4% increase in the median sales price.

Here are the 54 homes that went under contract in September:

	Price	Address	Contract Date
1	$248,738	818 Curtis Loop NE	9/28	Closed 9/28 @ $248,738
2	$679,000	639 Madison Avenue N	9/10
3	$695,000	1855 Virginia Court NE	9/25
4	$698,500	11594 Berry Patch Lane NE	9/21
5	$718,000	13948 Sunrise Drive NE	9/18	House Sale Contingent
6	$720,000	9575 Windsong Loop NE	9/3
7	$739,000	752 Fords Court NW	9/13
8	$739,000	736 Fords Court NW	9/2
9	$748,000	4450 Palomino Drive NE	9/2
10	$749,900	11185 Meadowlark Lane NE	9/24
11	$788,000	4498 Old Mill Road NE	9/15
12	$789,950	9353 North Town Drive NE	9/11
13	$825,000	611 Park Avenue NE	9/11
14	$825,000	10386 NE French Lane	9/21	Closed 9/21 @ $825,000
15	$859,000	10010 NE Springwood Lane	9/15
16	$860,000	2488 Soundview Drive NE	9/15
17	$885,000	432 Seed Path NW	9/12
18	$899,000	6348 Mitchell Lane NE	9/1
19	$924,950	9773 NE Murden Cove Drive	9/27
20	$939,000	612 Alder Avenue NE	9/22
21	$959,000	12530 Manzanita Road NE	9/26	Waterfront
22	$990,000	717 Village Circle NW	9/11	Closed 9/11 @ $990,000
23	$1,088,000	548 Pierce Court NW	9/19
24	$1,095,000	651 Al Dorsey Lane NW	9/8	Closed 9/18 @ $1,325,000
25	$1,135,000	7254 NE New Brooklyn Road	9/9
26	$1,175,000	8123 Eleanor Place NE	9/8	Closed 9/22 @ $1,275,000
27	$1,187,000	9369 Moss Lane NE	9/24
28	$1,198,000	5256 NE Old Mill Road	9/24
29	$1,198,000	628 Landmark Court NE	9/5
30	$1,200,000	13272 Teem Loop Road NE	9/1
31	$1,200,000	402 Eakin Drive	9/17	Closed 9/17 @ $1,200,000
32	$1,220,000	5424 NE Tolo Road	9/6	Closed 9/28 @ $1,235,000
33	$1,268,000	5285 Battle Point Drive NE	9/20
34	$1,275,000	6686 NE Ralston Road	9/1
35	$1,295,000	907 Lovell Avenue NW	9/25
36	$1,349,000	7606 NE Bergman Road	9/22
37	$1,350,000	9832 NE Lafayette Avenue	9/30	Waterfront
38	$1,385,000	439 Brien Drive SE	9/28
39	$1,385,000	6477 Haley Loop NE	9/24	Closed 9/24 @ $1,385,000
40	$1,498,000	7578 NE Bergman Road	9/2
41	$1,499,000	240 Parfitt Way SW	9/21
42	$1,560,000	8658 NE Reserve Way	9/23
43	$1,565,000	128 Duane Lane NW	9/2
44	$1,595,000	16261 Reitan Road NE	9/13	Waterfront
45	$1,598,000	3692 Crystal Springs Drive NE	9/11	Waterfront; Closed 9/25 @ $1,750,000
46	$1,635,000	121 Duane Lane NW	9/30
47	$1,725,000	8617 NE Reserve Way	9/19
48	$1,875,000	15364 Euclid Avenue NE	9/18
49	$1,976,000	13364 Bridgestone Court NE	9/21
50	$2,050,000	5939 NE Whitmore Way	9/18	Closed 9/18 @ $2,050,000
51	$2,350,000	12271 NE Country Club Road	9/3	Waterfront
52	$2,490,000	8150 NE Hidden Cove Road	9/14	Waterfront
53	$2,750,000	7332 Madrona Drive NE	9/2	Waterfront
54	$7,150,000	3377 NE Tani Creek	9/5

Information and statistics derived from Northwest Multiple Listing Service.