Real Estate Market Update

Real Estate Market Update Bainbridge Island Real Estate Market Update | November 2020 The housing inventory continues to decline from last month, which is typical for this time of year. However, 71% of new listings that came on the market in November promptly went under contract and closed sales more than doubled compared to last November. October ended with 29± homes on the market. At the end of […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | October 2020   The Bainbridge Island real estate market continues to move at a rapid pace. Although inventory is down 60% compared to this time last year, October sales were up by nearly 39% and a record 70% of new listings that came on the market went under contract. September ended with 46± homes on the market. […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | 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 […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | August 2020   The Bainbridge Island real estate market continues to move at a rapid pace as 69% of the new listings in August went under contract. Lack of inventory continues to be problematic as there would typically be more than twice the number of homes for sale this time of year as there are now. Despite […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | July 2020 The pace of our Island real estate market continues to be brisk. Lack of inventory build-up remains a problem, as there would typically be twice the number of homes for sale this time of year as there are now. Although the total number of sales is slightly down for the year compared to last, 39% […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | June 2020   The rush is on! It certainly seems that way as the pace of sales continues to be brisk. The main effect of the pandemic is the lack of inventory build-up; normally at this time of year there would be twice the number of homes for sale as there are now. Although the total number […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | May 2020   The real estate market continues to show the effects of the economic slowdown due to the Coronavirus, although activity is picking up. And despite both the decline in inventory and number of sales year-to-date compared to this time last year, 61% of the new listings in May went under contract. April ended with 53± […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | April 2020 Although the real estate market is showing the effects of the economic slowdown due to the Coronavirus, it is surprisingly busier than expected. And despite the decline in inventory compared to this time last year, the ratio of properties that went under contract versus new listings held steady at 50% and the number of sales year-to-date […]
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Real Estate Market Update Bainbridge Island Real Estate Market Update | March 2020 Despite this unprecedented time, our local real estate market is growing. The housing inventory is still modest, but on an upward trend. The current stay at home order allows real estate agents to show homes, but with limitations. Next month’s update will reflect the first full month of impact in our area from the Coronavirus. […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | February 2020 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 […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | January 2020   January historically hosts the lowest inventory of the year. At the end of December, the number of homes for sale was 42± and today there are 35±. Last year at this time there were 40± homes for sale. In the month of January this year there were 24 homes that went under contract and […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | December 2019 The housing inventory continues its normal seasonal decrease.  At the end of November, the number of homes for sale was 62+/– and today there are 42+/-.  Last year at this time there were 45+/- homes for sale. In the month of December this year there were 13 homes that went under contract (24 in November) […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | November 2019 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 […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | October 2019 The housing inventory is stable from last month.  At the end of September, the number of homes for sale was 80+/– and today there are 74+/-.  Last year at this time there were 76+/- homes for sale. In the month of October this year there were 30 homes that went under contract (36 in September) […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | September 2019 The housing inventory is stable from last month.  At the end of August, the number of homes for sale was 78+/– and today there are 80+/-. Last year at this time there were 86+/- homes for sale. In the month of September this year there were 36 homes that went under contract (45 in August) […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | August 2019 The housing inventory is decreasing from the yearly high summer season levels. At the end of July, the number of homes for sale was 108+/– and today there are 78+/-. Last year at this time there were 91+/- homes for sale. In the month of August this year there were 45 homes that went under […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | July 2019 The housing inventory is increasing from its historically low levels. At the end of June, the number of homes for sale was 110+/– and today there are 108+/-. Last year at this time there were 88+/- homes for sale. In the month of July this year there were 36 homes that went under contract (38 […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | June 2019 The housing inventory is increasing. At the end of May, the number of homes for sale was 86+/– and today there are 110+/-. Last year at this time there were 85+/- homes for sale. In the month of June this year there were 38 homes that went under contract (48 in May) and 47 closed […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | May 2019 The housing inventory is still limited; but increasing. At the end of April, the number of homes for sale was 73+/– and today there are 86+/-. Last year at this time there were 83+/- homes for sale. In the month of May this year there were 48 homes that went under contract (43 in April) […]
Real Estate Market Update Bainbridge Island Real Estate Market Update | April 2019 The housing inventory is still limited; but increasing. At the end of March, the number of homes for sale was 44+/– and today there are 73+/-. Last year at this time there were 67+/- homes for sale. In the month of April this year there were 43 homes that went under contract (40 in March) […]