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 , , , ,

Bainbridge Island Real Estate Market Update | January 2020

Bainbridge Island Real Estate

 

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 20 closed sales that sold at a median sales price of $762,250 with an average market time of 76 days. This compares to January 2019, where there were 15 homes that went under contract and 19 closed sales with a median sales price of $799,000 and an average market time of 81 days. There were 19 new listings in the month of January, 10 of which are under contract/sold.

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

Price Address Contract Date
1 $549,000 12034 Carole Place NE 1/3
2 $575,000 737 Madison Avenue North 1/28
3 $575,000 10211 NE Roberts Road 1/14
4 $593,000 11955 Manzanita Road NE 1/15
5 $649,900 10684 NE Byron Drive 1/16
6 $668,000 6870 West Bergman Road 1/17 Closed 1/17 @ $668,000
7 $739,000 4210 Lytle Road NE 1/25
8 $739,000 8242 Hansen Road NE 1/23
9 $745,000 13401 Hidden Cove Lane NE 1/4
10 $775,000 11580 N Madison Avenue NE 1/4
11 $915,000 11216 NE Wing Point Drive 1/21 Closed 1/21 @ $915,000
12 $920,000 8344 NE Oddfellows Road 1/23
13 $965,000 10191 NE Beachcrest Drive 1/28
14 $969,500 4659 Lynwood Center Road NE 1/14
15 $1,024,900 6498 NE Monte Vista Drive 1/27 Waterfront
16 $1,100,000 15757 Point Monroe Dr NE 1/27 Waterfront
17 $1,100,000 8615 Ma and Pa Lane NE 1/20
18 $1,125,000 16841 Agate Pass Road NE 1/1
19 $1,275,000 8686 NE Reserve Way 1/29 House Sale Contingent
20 $1,289,950 8601 NE Reserve Way 1/10
21 $1,319,950 8672 NE Reserve Way 1/9
22 $1,998,000 4106 Rockaway Beach Road 1/30 Waterfront
23 $2,499,000 16480 Euclid Avenue NE 1/24 Waterfront
24 $6,198,000 12269 Arrow Point Loop NE 1/25 Waterfront

 

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

Posted on February 2, 2020 at 7:46 pm
Bill Hunt | Category: Real Estate Market Update, Uncategorized | Tagged , , , ,