Real Estate Market Update February 5, 2019

Bainbridge Island Real Estate Market Update | January 2019

Market Update January 2019

The housing inventory is still limited. At the end of December, the number of homes for sale was 45+/and today there are 43+/-. Last year at this time there were 40+/- homes for sale. In the month of January this year there were 15 homes that went under contract (17 in December) and 19 closed sales (25 in December) that sold at a median sales price of $799,000 and an average market time of 81 days. This compares to January 2018; where there were 23 homes that went under contract and 22 closed sales that sold at a median sales price of $864,000 and an average market time of 69 days. There were 17 new listings in the month of January, 8 of which are under contract/sold.

Here are the 15 homes that went under contract in January:

Price

Address

Contract Date

1

$395,100

5486 Taylor Ave NE

3-Jan

Bank Owned

2

$449,000

14824 State Highway 305 NE

25-Jan

3

$529,000

5509 Lynwood Center Rd NE

15-Jan

4

$538,000

4950 New Sweden Ave NE

16-Jan

5

$595,000

7567 NE Meadowmeer Lane

20-Jan

6

$675,000

7020 NE Dolphin Dr

25-Jan

7

$739,000

4455 Pinto Ct NE

5-Jan

8

$759,000

972 Hawley Wy NE

18-Jan

Closed 1/31 @ $780,000

9

$897,500

13690 Sunrise Dr NE

10-Jan

10

$959,000

7800 NE West Port Madison Rd

26-Jan

11

$999,950

4725 NE Eagle Harbor Dr

20-Jan

Waterfront

12

$999,950

628 Landmark Ct NE

30-Jan

13

$1,134,900

8778 NE Winslow Grove Ct

31-Jan

House Sale Contingent

14

$1,195,000

10367 NE Blackwood Lane

28-Jan

15

$1,298,000

4100 Palomino Dr NE

30-Jan

 

 

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