Real Estate Market Update •
January 12, 2021
Bainbridge Island Real Estate Market Update | December 2020
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 |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
December 22, 2020
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 November, there were only 22± homes for sale. There were 24 new listings in November, 17 of which went under contract. Additionally, 9 homes already on the market went under contract for a total of 26 (see below). There were 57 sales that closed in November at a median sales price of $1,168,000 with an average market time of just 19 days.
Comparatively, for the month of November last year, there were 62± homes for sale, 26 homes that went under contract, and 26 closed sales at a median sales price of $1,049,000 with an average market time of 68 days.
Through the end of November, there have been 445 closed sales at a median sales price of $1,010,000. Compared to the same period last year, there were 365 closed sales at a median sales price of $920,000, an increase in volume of 22% and a 9.8% increase in the median sales price.
Here are the 26 homes that went under contract in November:
Price | Address | Contract Date | ||
1 | $525,000 | 1251 Patmos Lane NW | 11/4 | Closed 11/30 @ $520,000 |
2 | $578,000 | 5145 NE Eagle Harbor Drive | 11/11 | |
3 | $598,000 | 6560 Fletcher Bay Road NE | 11/4 | |
4 | $627,000 | 16224 Reitan Road NE | 11/16 | |
5 | $635,000 | 14484 NE Sunrise Drive | 11/12 | |
6 | $724,500 | 1305 Kings Place NW | 11/15 | |
7 | $725,000 | 901 Lovell Avenue NW | 11/10 | Closed 11/20 @ $750,000 |
8 | $795,000 | 4939 NE Avalon Lane | 11/12 | |
9 | $798,000 | 8305 Springridge Road NE | 11/2 | Closed 11/17 @ $906,000 |
10 | $825,000 | 9403 Eric Avenue NE | 11/24 | |
11 | $899,900 | 9858 NE Lafayette Avenue | 11/24 | Waterfront |
12 | $935,000 | 9520 NE North Town Loop | 11/16 | Closed 11/16 @ $935,000 |
13 | $945,000 | 5815 NE Baker Hill Road | 11/10 | |
14 | $1,025,000 | 4540 Island Avenue NE | 11/9 | |
15 | $1,100,000 | 487 Cosgrove Street NW | 11/16 | Closed 11/16 @ $1,100,000 |
16 | $1,295,000 | 589 Pierce Court NW | 11/10 | |
17 | $1,320,000 | 6516 NE Baker Hill Road | 11/20 | Closed 11/20 @ $1,320,000 |
18 | $1,375,000 | 10618 NE South Beach Drive | 11/23 | Waterfront; Closed 11/23 @1,375,000 |
19 | $1,395,000 | 8583 Cherry Orchard Lane NE | 11/28 | |
20 | $1,475,000 | 175 Wood Avenue SW | 11/12 | Closed 11/12 @ $1,475,000 |
21 | $1,559,950 | 134 Duane Lane NW | 11/30 | |
22 | $1,880,000 | 11413 Blue Heron Lane NE | 11/29 | Waterfront |
23 | $2,299,888 | 9519 NE South Beach Drive | 11/2 | Waterfront |
24 | $2,350,000 | 12271 NE Country Club Road | 11/24 | Waterfront |
25 | $2,695,000 | 7464 Madrona Drive NE | 11/7 | Waterfront |
26 | $3,957,000 | 16790 Agate Point Road NE | 11/24 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
November 16, 2020
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. At the end of October, that number dropped to 29± homes for sale. There were 54 new listings in October, 38 of which went under contract. Additionally, 19 homes already on the market went under contract for a total of 57 (see below). There were 53 sales that closed in October at a median sales price of $1,175,000 with an average market time of 23 days.
Comparatively, for the month of October last year, there were 74± homes for sale, 30 homes that went under contract, and 38 closed sales at a median sales price of $1,027,000 with an average market time of 52 days.
Through the end of October, there have been 387 closed sales at a median sales price of $1,000,000. Compared to the same period last year, there were 339 closed sales at a median sales price of $920,000, an increase in volume of 14.2% and an 8.7% increase in the median sales price.
Here are the 54 homes that went under contract in October:
Price | Address | Contract Date | ||
1 | $399,900 | 11729 Royal Avenue NE | 10/23 | |
2 | $422,500 | 10780 Falk Road NE | 10/22 | Closed 10/22 @ $422,500 |
3 | $625,000 | 487 Cave Avenue NE | 10/1 | |
4 | $650,000 | 1120 Lovell Avenue NE | 10/27 | Closed 10/27 @ $650,000 |
5 | $675,000 | 12024 Pleasant Place NE | 10/26 | |
6 | $679,000 | 7096 NE Bay Hill Road | 10/28 | |
7 | $699,000 | 6405 Baker Hill Road NE | 10/27 | |
8 | $699,000 | 10302 NE Beach Crest Drive | 10/6 | |
9 | $715,000 | 10329 NE Sunrose Lane | 10/6 | |
10 | $738,000 | 876 Cherry Avenue NE | 10/21 | |
11 | $739,000 | 760 Fords Court NW | 10/16 | |
12 | $739,000 | 768 Fords Court NW | 10/13 | |
13 | $739,000 | 776 Fords Court NW | 10/8 | |
14 | $739,000 | 744 Fords Court NW | 10/6 | |
15 | $783,000 | 720 Lovell Avenue NW | 10/12 | |
16 | $798,000 | 5191 Taylor Avenue NE | 10/15 | |
17 | $825,000 | 5244 Lynwood Center Road NE | 10/21 | |
18 | $828,000 | 1035 Grow Avenue NW | 10/15 | Closed 10/30 @ $936,000 |
19 | $839,900 | 10585 NE Manor Lane | 10/3 | |
20 | $859,000 | 12640 Manzanita Road NE | 10/27 | |
21 | $868,000 | 9310 NE Midship Court | 10/13 | Closed 10/27 @ $925,000 |
22 | $868,000 | 5799 Wimsey Lane NE | 10/22 | |
23 | $885,000 | 5479 NE Foster Road | 10/27 | |
24 | $913,000 | 8129 NE Blakely Heights Court | 10/27 | |
25 | $924,000 | 3147 Point White Drive NE | 10/25 | |
26 | $929,000 | 636 Janelle Place NW | 10/8 | |
27 | $998,500 | 9797 NE Murden Cove Drive | 10/14 | |
28 | $1,032,274 | 4656 Tangleberry Lane NE | 10/8 | Closed 10/8 @ $1,032,274 |
29 | $1,095,000 | 5395 Taylor Avenue NE | 10/16 | |
30 | $1,138,000 | 9651 Sportsman Club Road NE | 10/22 | |
31 | $1,150,000 | 10220 NE Lafayette Road NE | 10/25 | Waterfront |
32 | $1,168,000 | 8676 Cherry Orchard Lane NE | 10/16 | |
33 | $1,198,000 | 4757 Tangleberry Lane NE | 10/18 | |
34 | $1,198,000 | 9779 NE Charisma Circle | 10/21 | |
35 | $1,349,000 | 9635 NE Raccoon Lane | 10/12 | |
36 | $1,379,900 | 4397 Point White Drive | 10/21 | |
37 | $1,386,000 | 9875 NE Nelson Hill Lane | 10/6 | |
38 | $1,400,000 | 10485 NE Sunrise Bluff | 10/9 | Closed 10/9 @ $1,400,000 |
39 | $1,425,000 | 812 Isaac Avenue NE | 10/14 | |
40 | $1,449,000 | 240 Parfitt Way SW | 10/25 | |
41 | $1,490,000 | 7578 NE Bergman Road | 10/24 | |
42 | $1,495,000 | 7416 NE Abies Drive | 10/15 | |
43 | $1,498,000 | 879 Taurnic Place NW | 10/25 | |
44 | $1,498,000 | 3672 Lavender Lane NE | 10/19 | |
45 | $1,575,000 | 8650 NE Reserve Way | 10/27 | |
46 | $1,595,000 | 9638 Green Spot Place NE | 10/11 | Waterfront |
47 | $1,597,000 | 8538 NE Gordon Drive | 10/13 | Waterfront |
48 | $1,598,000 | 16364 Reitan Road NE | 10/24 | Waterfront |
49 | $1,798,000 | 533 Wood Avenue SW | 10/27 | |
50 | $1,998,000 | 3964 Southern Cross | 10/6 | |
51 | $2,168,000 | 10458 Arrow Point Drive NE | 10/20 | Waterfront |
52 | $2,300,000 | 10016 NE Ewing Street | 10/21 | Waterfront |
53 | $2,349,000 | 3394 Point White Drive NE | 10/31 | Waterfront |
54 | $2,795,000 | 6846 Wing Point Road NE | 10/2 | Waterfront |
55 | $2,850,000 | 11610 Wing Point Way NE | 10/29 | Waterfront |
56 | $2,990,000 | 5066 Rockaway Beach Road NE | 10/25 | Waterfront |
57 | $6,288,000 | 12269 Arrow Point Loop NE | 10/14 | Waterfront; Closed 10/29 @ $6,300,000 |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
October 8, 2020
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 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.
Real Estate Market Update •
September 8, 2020
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 the effects of the economic slowdown due to the COVID-19 pandemic, the total number of sales is slightly up for this year compared to last.
July ended with 46± homes on the market. At the end of August, there were only 32± homes for sale. There were 51 new listings in August, 35 of which went under contract. Additionally, 19 homes already on the market went under contract for a total of 54 (see below). There were 60 sales that closed in August at a median sales price of $867,500 with an average market time of 25 days.
Comparatively, for the month of August last year, there were 78± homes for sale, 45 homes that went under contract, and 38 closed sales at a median sales price of $1,034,500 with an average market time of 38 days.
Through the end of August, there have been 278 closed sales at a median sales price of $931,000. Compared to the same period last year, there were 266 closed sales at a median sales price of $920,000, an increase in volume of 4.5% and a slight 1.2% increase in the median sales price.
Here are the 54 homes that went under contract in August:
Price | Address | Contract Date | ||
1 | $559,000 | 12980 Roe Road NE | 8/30 | |
2 | $559,000 | 12049 N Madison Avenue NE | 8/7 | |
3 | $565,000 | 8437 Katy Lane NE | 8/27 | |
4 | $599,000 | 1339 Stonecress Lane NE | 8/4 | |
5 | $627,000 | 16224 Reitan Road NE | 8/1 | House Sale Contingent |
6 | $638,000 | 8034 Ferncliff Avenue NE | 8/4 | |
7 | $649,000 | 12060 Pleasant Place NE | 8/21 | |
8 | $689,000 | 6901 NE West Port Madison Road | 8/29 | |
9 | $689,000 | 674 Moji Lane NW | 8/22 | |
10 | $690,000 | 5345 Rose Avenue NE | 7/30 | |
11 | $699,000 | 11193 Blue Pond Place NE | 8/24 | |
12 | $699,900 | 9700 NE Kitsap Street | 8/17 | |
13 | $718,000 | 13948 Sunrise Drive NE | 8/19 | House Sale Contingent |
14 | $729,000 | 720 Fords Court NW | 8/15 | |
15 | $739,000 | 776 Fords Court NW | 8/25 | House Sale Contingent |
16 | $739,000 | 747 Fords Court NW | 8/20 | |
17 | $749,000 | 739 Fords Court NW | 8/12 | |
18 | $750,000 | 13066 Phelps Road NE | 8/9 | |
19 | $750,000 | 7581 NE Meadowmeer Lane | 8/7 | Closed 8/28 @ $740,000 |
20 | $775,000 | 7575 Madrona Drive NE | 8/6 | |
21 | $785,000 | 2363 Roberston Avenue NE | 8/14 | |
22 | $789,000 | 6695 NE Bayview Boulevard | 8/31 | |
23 | $793,500 | 860 Cherry Avenue NE | 8/20 | |
24 | $798,000 | 7931 NE Walden Lane | 8/26 | |
25 | $799,000 | 2385 Roberston Avenue NE | 8/19 | |
26 | $799,000 | 14419 N Madison Avenue NE | 8/10 | |
27 | $895,000 | 8975 Ferncliff Avenue NE | 8/20 | |
28 | $998,000 | 4652 Island Avenue NE | 8/31 | |
29 | $999,995 | 11008 NE Mountain View Road | 8/25 | |
30 | $1,068,000 | 12082 Sunrise Drive NE | 8/2 | Waterfront |
31 | $1,095,000 | 5774 Wimsey Lane NE | 8/14 | |
32 | $1,135,000 | 7254 NE New Brooklyn Road | 8/25 | House Sale Contingent |
33 | $1,159,000 | 12594 NE Winter View Lane | 8/30 | |
34 | $1,185,000 | 6686 NE Bergman Road | 8/17 | |
35 | $1,198,000 | 8018 Hansen Road NE | 8/21 | |
36 | $1,200,000 | 6564 NE Maple Street | 8/15 | |
37 | $1,290,000 | 563 Park Avenue NE | 8/26 | |
38 | $1,290,000 | 10245 NE Sunrise Place | 8/11 | |
39 | $1,295,000 | 668 Ferryview Lane NE | 8/11 | |
40 | $1,315,000 | 5199 New Sweden Avenue NE | 8/1 | |
41 | $1,350,000 | 10550 Arrow Point Drive NE | 8/25 | |
42 | $1,385,000 | 439 Brien Drive SE | 8/25 | |
43 | $1,398,000 | 350 Morrill Place NE | 8/24 | |
44 | $1,399,950 | 7330 NE Dolphin Drive | 8/6 | |
45 | $1,600,000 | 8641 NE Reserve Way | 8/13 | |
46 | $1,625,000 | 4849 NE Dotson Loop | 8/14 | |
47 | $1,650,000 | 4835 NE Dotson Loop | 8/19 | |
48 | $1,699,000 | 10425 Falk Road NE | 8/22 | Waterfront |
49 | $1,725,000 | 8617 NE Reserve Way | 8/3 | House Sale Contingent |
50 | $2,298,000 | 6475 Crystal Springs Drive NE | 8/12 | Waterfront |
51 | $3,875,000 | 9255 NE Fort Street | 8/12 | |
52 | $4,425,000 | 3864 Point White Drive NE | 8/1 | WFT; Closed 8/18 @ $4,300,000 |
53 | $5,180,000 | 6789 NE Bergman Road | 8/27 | WFT; Closed 8/27 @ $5,180,000 |
54 | $6,388,000 | 8802 & 8804 Spargur Loop Road NE | 8/24 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
August 15, 2020
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% of the new listings in July went under contract.
June ended with 44± homes on the market. At the end of July, there were 46± homes for sale. There were 69 new listings in July, 27 of which went under contract. Additionally, 19 homes already on the market went under contract for a total of 46 (see below). There were 52 sales that closed in July at a median sales price of $1,028,750 with an average market time of 31 days.
Comparatively, for the month of July last year, there were 108± homes for sale, 36 homes that went under contract, and 44 closed sales at a median sales price of $840,500 with an average market time of 31 days.
Through the end of July, there have been 218 closed sales at a median sales price of $966,000. Compared to the same period last year, there were 228 closed sales at a median sales price of $919,500, a decrease in volume of 4% and a 5% increase in the median sales price.
Here are the 46 homes that went under contract in July:
Price | Address | Contract Date | ||
1 | $495,000 | 12335 Kallgren Road NE | 7/27 | |
2 | $589,500 | 7573 NE Emerald Way | 7/31 | |
3 | $595,000 | 9570 NE Beachcrest Drive | 7/24 | |
4 | $649,000 | 12265 Miller Road NE | 7/6 | |
5 | $650,000 | 6894 NE Lot B Koura Road | 7/12 | |
6 | $675,000 | 2000 Douglas Drive NE | 7/29 | |
7 | $710,000 | 8810 Pitcairn Place NE | 7/12 | |
8 | $715,000 | 9500 Bucsit Lane NE | 7/13 | |
9 | $715,000 | 763 Fords Court NW | 7/28 | |
10 | $729,000 | 8615 Springridge Road NE | 7/1 | |
11 | $729,000 | 130 Wallace Way NW | 7/23 | |
12 | $778,000 | 6024 Rose Loop NE | 7/20 | |
13 | $825,000 | 10756 Sunrise Drive NE | 7/14 | |
14 | $828,000 | 9561 NE Mary Sam Lane | 7/27 | |
15 | $828,000 | 7206 NE Abies Drive | 7/12 | |
16 | $830,000 | 2112 Belfair Avenue NE | 7/7 | Closed 7/7 @ $830,000 |
17 | $839,000 | 7301 NE Pearl Court | 7/20 | |
18 | $849,000 | 7479 NE Hidden Cove Road | 7/17 | |
19 | $849,995 | 8205 Blakely Court West | 7/21 | |
20 | $865,000 | 15415 Sunrise Drive NE | 7/16 | |
21 | $869,718 | 8332 New Holland Court NE | 7/28 | |
22 | $869,900 | 763 Klickitat Place NE | 7/23 | |
23 | $900,000 | 6894 NE Koura Road | 7/12 | |
24 | $998,000 | 13755 Sunrise Drive NE | 7/25 | |
25 | $1,000,000 | 642 Annie Rose Lane NW | 7/6 | Closed 7/6 @ $1,000,000 |
26 | $1,047,500 | 9236 Ferncliff Avenue NE | 7/23 | Closed 7/23 @ $1,047,500 |
27 | $1,085,000 | 12075 Surnise Drive NE | 7/13 | Closed 7/13 @$1,085,000 |
28 | $1,089,000 | 657 Annie Rose Lane NW | 7/6 | |
29 | $1,124,500 | 9785 NE Murden Cove Drive | 7/27 | |
30 | $1,197,000 | 7393 NE Dolphin Drive | 7/23 | |
31 | $1,225,000 | 722 Ferryview Lane NE #7 | 7/14 | |
32 | $1,290,000 | 1178 Aaron Avenue NE | 7/30 | |
33 | $1,365,000 | 8230 Grand Avenue NE | 7/21 | |
34 | $1,375,000 | 13501 Manzanita Road NE | 7/1 | Waterfront |
35 | $1,385,000 | 1029 Cherry Avenue | 7/31 | Closed 7/31 @ $1,385,000 |
36 | $1,395,000 | 10283 NE Woodhaven Lane | 7/10 | |
37 | $1,425,000 | 5784 Rose Loop NE | 7/26 | |
38 | $1,498,000 | 15289 Harvey Road NE | 7/23 | Waterfront; Closed 7/24 @ $1,325,000 |
39 | $1,500,000 | 4823 NE Dotson Loop | 7/13 | |
40 | $1,510,000 | 4427 Blakely Avenue NE | 7/21 | |
41 | $1,585,000 | 8633 NE Reserve Way | 7/8 | |
42 | $1,595,000 | 12662 Sunrise Drive NE | 7/21 | Waterfront |
43 | $1,595,000 | 6601 NE New Brooklyn Road | 7/18 | |
44 | $1,598,000 | 10811 Bill Point View NE | 7/28 | |
45 | $1,998,000 | 7700 NE Hidden Cove Road | 7/30 | Waterfront |
46 | $2,395,000 | 7422 Madrona Drive NE | 7/11 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
July 10, 2020
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 of sales is slightly down for the year compared to last, 66% of the new listings in June went under contract.
May ended with 59± homes on the market. At the end of June, there were 44± homes for sale. There were 56 new listings in June, 37 of which went under contract. Additionally, 20 homes already on the market went under contract for a total of 57 (see below). There were 50 sales that closed in June at a median sales price of $988,500 with an average market time of 35 days.
Comparatively, for the month of June last year, there were 110± homes for sale, 38 homes that went under contract, and 51 closed sales at a median sales price of $1,050,000 with an average market time of 29 days.
Through the end of June, there have been 165 closed sales at a median sales price of $918,000. Compared to the same period last year, there were 184 closed sales at a median sales price of $930,000, a decrease in volume of 10.3% and a minor 1.3% decrease in the median sales price.
Here are the 57 homes that went under contract in June:
Price | Address | Contract Date | ||
1 | $489,500 | 7250 NE Vincent Road | 6/21 | |
2 | $499,000 | 11369 Kallgren Road NE | 6/2 | |
3 | $550,000 | 4479 Blakely Avenue NE | 6/25 | |
4 | $585,000 | 8478 Hansen Road NE | 6/9 | |
5 | $639,900 | 10250 NE Casey Street | 6/6 | |
6 | $649,000 | 12265 Katherine Place NE | 6/23 | |
7 | $649,000 | 728 Fords Court NW | 6/27 | |
8 | $650,000 | 9487 Bucsit Lane NE | 6/30 | |
9 | $664,500 | 6145 Harbor Crest Drive NE | 6/23 | |
10 | $690,000 | 1305 Kings Place NW | 6/6 | Closed 6/30 @ $690,000 |
11 | $695,000 | 2105 Soundview Drive NE | 6/10 | |
12 | $715,000 | 779 Fords Court NW | 6/25 | |
13 | $718,000 | 13948 Sunrise Drive NE | 6/21 | |
14 | $719,000 | 13922 John Street NE | 6/17 | |
15 | $729,000 | 138 Wallace Way NW | 6/22 | |
16 | $739,000 | 771 Fords Court NW | 6/29 | |
17 | $739,000 | 787 Fords Court NW | 6/16 | |
18 | $755,000 | 11193 Blue Pond Place NE | 6/16 | |
19 | $760,000 | 8806 Hudson Court NE | 6/3 | |
20 | $768,000 | 10258 NE Sunrose Lane | 6/24 | |
21 | $839,000 | 7301 NE Pearl Court | 6/14 | |
22 | $850,000 | 9718 Hilltop Drive NE | 6/6 | |
23 | $880,000 | 9177 Burlingame Court NE | 6/24 | |
24 | $899,000 | 4270 Sorrel Avenue NE | 6/9 | |
25 | $977,000 | 15128 Sunrise Drive NE | 6/30 | Closed 6/30 @ $977,000 |
26 | $989,000 | 7139 NE Dolphin Drive | 6/12 | |
27 | $995,000 | 11016 NE Mountain View Road | 6/19 | |
28 | $998,000 | 6370 NE Tolo Road | 6/28 | |
29 | $998,000 | 9809 NE Murden Cove Drive | 6/10 | |
30 | $1,060,000 | 270 Grow Avenue NW | 6/23 | |
31 | $1,125,000 | 10139 NE Ewing Street | 6/17 | Waterfront |
32 | $1,125,000 | 6545 NE Sundance Lane | 6/13 | |
33 | $1,188,000 | 8347 Sumanee Place NE | 6/30 | |
34 | $1,200,000 | 10803 Bill Point View NE | 6/21 | |
35 | $1,250,000 | 649 Landmark Court NE | 6/14 | |
36 | $1,295,000 | 8636 NE Belle Hill Lane | 6/29 | |
37 | $1,314,950 | 8686 NE Reserve Way | 6/20 | |
38 | $1,325,000 | 368 Eakin Drive NW | 6/29 | |
39 | $1,349,000 | 6474 NE Brigham Road | 6/26 | |
40 | $1,399,800 | 13230 NE Cambridge Crest Way | 6/24 | |
41 | $1,425,000 | 10485 NE Sunrise Bluff Lane | 6/20 | |
42 | $1,425,000 | 9717 Sunny Hill Circle NE | 6/30 | Closed 6/30 @ $1,425,000 |
43 | $1,499,000 | 7080 Ridge Lane NE | 6/30 | |
44 | $1,500,000 | 4825 NE Dotson Loop | 6/28 | |
45 | $1,550,000 | 4835 NE Dotson Loop | 6/5 | |
46 | $1,550,000 | 4837 NE Dotson Loop | 6/9 | |
47 | $1,550,000 | 11655 Olympic Terrace Avenue NE | 6/3 | |
48 | $1,559,950 | 8625 NE Reserve Way | 6/11 | |
49 | $1,598,000 | 11351 NE Wing Point Way | 6/29 | |
50 | $1,600,000 | 4847 NE Dotson Loop | 6/21 | |
51 | $1,875,000 | 11580 NE Yeomalt Point Drive | 6/28 | |
52 | $2,183,150 | 3150 Crystal Springs Drive NE | 6/26 | Waterfront |
53 | $2,498,000 | 6310 NE Eagle Harbor Drive | 6/12 | Waterfront; Closed 6/22 @ $2,500,000 |
54 | $2,625,000 | 10027 NE Point View Drive | 6/24 | Waterfront |
55 | $3,395,000 | 10374 NE Country Club Road | 6/9 | Waterfront; Closed 6/30 @ $3,395,000 |
56 | $4,280,000 | 6964 Wing Point Road NE | 6/9 | Waterfront; Closed 6/23 @ $4,180,000 |
57 | $4,680,000 | 10672 NE Country Club Road | 6/17 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
June 11, 2020
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± homes on the market. At the end of May, there were 59± homes for sale. There were 31 new listings, 19 of which went under contract. Additionally, 23 homes already on the market went under contract for a total of 42 (see below). There were 27 sales that closed in May at a median sales price of $899,000 with an average market time of 39 days.
Comparatively, for the month of May last year, there were 86± homes for sale, 48 homes that went under contract, and 46 closed sales at a median sales price of $952,500 with an average market time of 21 days.
Through the end of May, there have been 115 closed sales at a median sales price of $915,000. Compared to the same period last year, there were 133 closed sales at a median sales price of $909,000, a decrease in volume of 13.5% and a minor 0.7% increase in the median sales price.
Here are the 42 homes that went under contract in May:
Price | Address | Contract Date | ||
1 | $538,000 | 12660 Crown Drive NE | 5/22 | |
2 | $539,000 | 8608 NE Belle Hill Lane | 5/18 | |
3 | $559,000 | 16751 NE Sanwick Place | 5/26 | |
4 | $565,000 | 16061 Agatewood Road NE | 5/14 | |
5 | $598,000 | 604 Deercliff Road NE | 5/25 | |
6 | $625,000 | 12511 Kallgren Road NE | 5/2 | |
7 | $639,000 | 9019 Holly Farm Lane NE | 5/27 | |
8 | $650,000 | 6894 NE Lot B Koura Road | 5/19 | House Sale Contingent |
9 | $659,000 | 561 Madrona Drive NE | 5/6 | |
10 | $699,999 | 14832 Highway 305 NE | 5/9 | |
11 | $719,000 | 13922 John Street NE | 5/28 | |
12 | $725,000 | 10810 Hart Lane NE | 5/19 | |
13 | $728,000 | 5382 Crystal Springs Drive NE | 5/5 | |
14 | $759,000 | 7596 NE Meadowmeer Lane | 5/1 | |
15 | $769,000 | 11361 Logg Road NE | 5/5 | |
16 | $799,950 | 7250 NE Bay Hill Road | 5/9 | |
17 | $819,000 | 8998 Fletcher Bay Road NE | 5/23 | |
18 | $825,000 | 5249 Rose Avenue NE | 5/6 | |
19 | $852,000 | 9808 NE Radio School Road | 5/7 | Closed 5/7 @ $852,000 |
20 | $888,000 | 12661 Sunrise Drive NE | 5/5 | Closed 5/29 @ $918,000 |
21 | $890,000 | 772 Park Avenue NE | 5/20 | |
22 | $895,000 | 7453 Day Road West | 5/5 | |
23 | $939,000 | 348 Ashbury Court NW | 5/26 | |
24 | $1,035,000 | 9617 Battle Point Drive NE | 5/21 | Closed 5/21 @ $1,035,000 |
25 | $1,048,000 | 12136 Kallgren Road NE | 5/23 | |
26 | $1,099,000 | 11051 Fairmont Lane NE | 5/25 | |
27 | $1,100,000 | 7584 NE Golden Lane | 5/21 | |
28 | $1,129,500 | 10674 N Madison Avenue NE | 5/9 | |
29 | $1,138,000 | 7850 NE Ledgestone Loop | 5/20 | |
30 | $1,148,000 | 8318 NE Sumanee Place | 5/6 | |
31 | $1,175,000 | 8421 NE Grizdale Lane | 5/17 | |
32 | $1,195,000 | 6444 NE Hidden Cove Road | 5/1 | |
33 | $1,298,000 | 7043 Berganio Lane | 5/15 | |
34 | $1,398,000 | 16181 Agate Pass Road NE | 5/2 | |
35 | $1,485,000 | 4813 NE Dotson Loop | 5/7 | |
36 | $1,495,000 | 4480 North Tolo Road NE | 5/1 | |
37 | $1,500,000 | 4825 NE Dotson Loop | 5/24 | |
38 | $1,748,000 | 6679 Latyson Lane NE | 5/22 | |
39 | $1,765,000 | 5012 Crystal Springs Drive NE | 5/29 | |
40 | $1,798,000 | 1239 Hawley Way NE | 5/30 | |
41 | $1,996,000 | 15733 Point Monroe Drive NE | 5/30 | Waterfront |
42 | $2,300,000 | 15920 Euclid Avenue NE | 5/2 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update •
May 5, 2020
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 are nearly identical.
March ended with 55± homes on the market. At the end of April, there were 53± homes for sale. There were 31 new listings, 16 of which went under contract. Additionally, 15 homes already on the market went under contract for a total of 31 (see below). There were 22 sales that closed in April at a median sales price of $835,000 with an average market time of 33 days.
Comparatively, at the end of April last year, there were 73± homes for sale, 43 homes that went under contract, and 37 closed sales at a median sales price of $893,000 with an average market time of 51 days.
Year-to-date, there have been 88 closed sales at a median sales price of $921,000. Compared to the same period last year, there were 87 closed sales at a median sales price of $855,000, essentially the same volume with a 7.7% increase in the median sales price.
Here are the 31 homes that went under contract in April:
Price | Address | Contract Date | ||
1 | $590,000 | 816 Strawberry Lane NW | 4/30 | |
2 | $599,000 | 5574 New Sweden Avenue NE | 4/23 | |
3 | $689,000 | 537 Cherry Avenue NE | 4/27 | |
4 | $695,000 | 10754 NE Bill Point Drive | 4/26 | |
5 | $698,000 | 320 Nicholson Place NW | 4/21 | |
6 | $739,000 | 6405 NE Agate Beach Lane | 4/26 | |
7 | $760,000 | 1162 Grow Avenue NW | 4/28 | |
8 | $789,000 | 10689 NE Byron Drive | 4/18 | |
9 | $818,000 | 5800 Battle Point Drive NE | 4/25 | |
10 | $829,000 | 14419 N Madison Avenue NE | 4/30 | |
11 | $829,000 | 9591 NE Battle Point Drive | 4/13 | |
12 | $859,000 | 380 Cosgrove Street NW | 4/4 | |
13 | $875,000 | 1894 Commodore Lane NW | 4/30 | |
14 | $875,000 | 9807 NE Radio School Road | 4/14 | |
15 | $998,000 | 11138 NE Wing Point Drive | 4/7 | |
16 | $1,100,000 | 8954 Trimble Avenue NE | 4/27 | |
17 | $1,199,000 | 7354 NE West Port Madison Road | 4/27 | |
18 | $1,248,000 | 8298 Grand Avenue NE | 4/20 | |
19 | $1,250,000 | 15638 Point Monroe Drive NE | 4/27 | Waterfront |
20 | $1,250,000 | 1013 Cherry Avenue NE | 4/28 | |
21 | $1,395,000 | 14044 Sunrise Drive NE | 4/18 | |
22 | $1,398,000 | 15435 Harvey Road NE | 4/2 | |
23 | $1,475,000 | 6710 NE Dapple Court | 4/28 | |
24 | $1,485,000 | 4811 NE Dotson Loop | 4/28 | |
25 | $1,495,000 | 4480 North Tolo Road NE | 4/14 | House Sale Contingent |
26 | $1,575,000 | 12662 Sunrise Drive NE | 4/26 | |
27 | $1,598,000 | 4422 New Sweden Road NE | 4/15 | Closed 4/15 @ $1,598,000 |
28 | $1,850,000 | 7738 NE Yeomalt Point Drive | 4/23 | Waterfront |
29 | $1,998,000 | 10717 NE Manitou Park Boulevard | 4/16 | |
30 | $1,999,999 | 11691 Sunset Avenue NE | 4/8 | |
31 | $3,595,000 | 13558 Sunrise Drive NE | 4/30 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.
Real Estate Market Update • Uncategorized •
April 5, 2020
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.
February ended with 38± homes on the market. At the end of March, there were 55± homes for sale. There were 47 new listings, 17 of which went under contract. Additionally, 7 homes already on the market went under contract for a total of 24 (see below). There were 27 sales that closed in March at a median sales price of $1,100,000 with an average market time of 83 days.
Comparatively, at the end of March last year, there were 44± homes for sale, 40 homes that went under contract, and 13 closed sales at a median sales price of $1,110,000 with an average market time of 65 days.
Year-to-date, there have been 66 closed sales at a median sales price of $942,500. Compared to the same period last year, there were 50 closed sales at a median sales price of $842,500, a 32% increase in volume and 11.87% increase in the median sales price. (Note: the median price is skewed by such a small sample size so early in the year.)
Here are the 24 homes that went under contract in March:
Price | Address | Contract Date | ||
1 | $545,000 | 9818 NE Day Road E | 3/21 | |
2 | $593,000 | 6736 NE Baker Hill Road | 3/28 | |
3 | $625,000 | 12511 Kallgren Road NE | 3/10 | |
4 | $659,000 | 11220 Parkhill Place NE | 3/4 | |
5 | $660,000 | 824 Eagle Cliff Road NE | 3/28 | |
6 | $665,000 | 6701 NE Day Road | 3/2 | Closed 3/2 @ $665,000 |
7 | $668,000 | 381 Ihland Way NW | 3/24 | |
8 | $675,000 | 12445 North Madison Ave NE | 3/12 | |
9 | $695,000 | 15747 Point Monroe Drive NE | 3/24 | Waterfront |
10 | $718,000 | 1815 Parkview Drive NE | 3/27 | |
11 | $729,000 | 8240 NE Baker Hill Road | 3/22 | |
12 | $739,000 | 6405 NE Agate Beach Lane | 3/19 | |
13 | $759,000 | 755 Fords Court NW | 3/18 | |
14 | $809,000 | 5180 NE Sullivan Road | 3/24 | |
15 | $810,000 | 786 Fairview Avenue NE | 3/11 | |
16 | $880,000 | 5356 Diamond Place NE | 3/22 | |
17 | $898,000 | 7883 Fletcher Bay Road NE | 3/11 | |
18 | $899,000 | 1131 Cherry Avenue NE | 3/30 | |
19 | $1,195,000 | 12169 Arrow Point Loop NE | 3/23 | Waterfront |
20 | $1,195,000 | 6440 NE Hidden Cove Road | 3/6 | |
21 | $1,245,000 | 10144 NE Kitsap Street | 3/2 | |
22 | $1,300,000 | 241 Lovell Avenue SW | 3/30 | Wft; Closed 3/30 @ $1,300,000 |
23 | $1,448,000 | 6647 NE Baker Hill Road | 3/16 | |
24 | $2,196,000 | 15733 Point Monroe Drive NE | 3/29 | Waterfront |
Information and statistics derived from Northwest Multiple Listing Service.