Facebook
X
Pinterest
Copy Link
Bainbridge Island December 2020
The housing inventory continues to decline from last month. Although a decrease in volume is expected this time of year, a 60% reduction in inventory is notable. However, 88% of new listings that came on the market in December went under contract and again last month, closed sales were up compared to last year.
November ended with 22± homes on the market. At the end of December, there were only 17± homes for sale. There were 17 new listings in December, 15 of which went under contract. Additionally, 5 homes already on the market went under contract for a total of 20 (see below). There were 30 sales that closed in December at a median sales price of $1,021,250 with an average market time of 40 days.
Comparatively, for the month of December last year, there were 42± homes for sale, 13 homes that went under contract, and 26 closed sales at a median sales price of $807,500 with an average market time of 46 days.
Through the end of December, there have been 475 closed sales at a median sales price of $1,010,000. Compared to the same period last year, there were 391 closed sales at a median sales price of $920,000, an increase in volume of 21.5% and a 9.8% increase in the median sales price.
Here are the 20 homes that went under contract in December:
| Price | Address | Contract Date | ||
| 1 | $699,000 | 5777 NE Foster Road | 12/19 | |
| 2 | $715,000 | 11741 Olympic Terrace Ave NE | 12/1 | |
| 3 | $720,000 | 4140 Lytle Road NE | 12/24 | |
| 4 | $749,000 | 6336 NE Jordan Drive | 12/7 | |
| 5 | $775,000 | 6202 NE Old Mill Road | 12/16 | |
| 6 | $795,000 | 7781 Hansen Road NE | 12/29 | |
| 7 | $795,000 | 13191 N Madison Avenue NE | 12/23 | Closed 12/23 @ $795,000 |
| 8 | $798,000 | 16191 Agate Pass Road NE | 12/12 | |
| 9 | $799,000 | 828 NE Gilmore Way | 12/21 | House Sale Contingent |
| 10 | $850,000 | 12530 Manzanita Road NE | 12/13 | Waterfront |
| 11 | $852,600 | 1628 Devenny Avenue | 12/28 | Closed 12/28 @ $852,600 |
| 12 | $900,000 | 11955 Sunrise Drive NE | 12/13 | |
| 13 | $930,000 | 733 Klickitat Place NE | 12/21 | Closed 12/21 @ $930,000 |
| 14 | $1,075,000 | 6500 NE Hidden Cove Road | 12/24 | |
| 15 | $1,095,000 | 11751 Sunset Avenue NE | 12/22 | Waterfront |
| 16 | $1,100,000 | 1117 Aaron Avenue NE | 12/18 | |
| 17 | $2,135,000 | 9891 Mandus Olson Road NE | 12/14 | |
| 18 | $2,997,000 | 5943 Rose Loop | 12/30 | Waterfront; Closed 12/30 @ $2,997,000 |
| 19 | $6,880,000 | 10445 Secretariat Lane NE | 12/28 | Closed 12/28 @ $6,880,000 |
| 20 | $7,996,000 | 1792 Beans Bight Road NE | 12/6 | Waterfront |
