Bainbridge Island Real Estate Market Update | September 2020

Bainbridge Island 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.

Posted on October 8, 2020 at 8:38 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

Bainbridge Island Real Estate Market Update | August 2020

Bainbridge Island 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.

Posted on September 8, 2020 at 8:23 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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.

Posted on August 15, 2020 at 11:27 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

Bainbridge Island Real Estate Market Update | June 2020

Bainbridge Island 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. 

Posted on July 10, 2020 at 10:57 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

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.

Posted on June 11, 2020 at 9:19 pm
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

Bainbridge Island Real Estate Market Update | April 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.

Posted on May 5, 2020 at 3:38 am
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,

Bainbridge Island Real Estate Market Update | March 2020

Market Update MAR 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.

 

Posted on April 5, 2020 at 1:15 am
Bill Hunt | Category: Real Estate Market Update, Uncategorized | Tagged , , , ,

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 , , , ,

Bainbridge Island Real Estate Market Update | December 2019

Bainbridge Island Real Estate Market Update

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) and 26 closed sales (26 also in November) that sold at a median sales price of $807,500 and an average market time of 48 days. This compares to December 2018 where there were 17 homes that went under contract and 25 closed sales that sold at a median sales price of $1,195,000 and an average market time of 55 days. Through the end of December, there have been 391 closed sales that sold at a median sales price of $920,000 and an average market time of 44 days. Compared to the same period last year, there were 419 closed sales at a median sales price of $905,000 and an average market time of 40 days…. a 6.7% decrease in volume and a 1.7% increase in the median sales price this year. There were 6 new listings in the month of December, 3 of which are under contract/sold.

Here are the 13 homes that went under contract in December:

Price Address Contract Date
1 $645,000 2510 NE Fort Ward Hill Road 17-Dec House Sale Contingent
2 $699,000 6495 NE Adas Will Lane 19-Dec
3 $739,000 7567 NE Emerald Way 2-Dec
4 $798,000 1527 Arthur Place NW 9-Dec Closed 12/27 @ $800,000
5 $879,000 4652 Island Avenue NE 24-Dec
6 $895,000 11570 Logg Road NE 6-Dec Waterfront
7 $925,000 9279 Sands Avenue NE 25-Dec
8 $1,076,000 10249 Rodal Court NE 13-Dec
9 $1,150,000 3024 Yankee Girl NE 30-Dec
10 $1,275,000 5790 Packard Lane NE 30-Dec
11 $1,298,000 6428 Haley Loop Road NE 18-Dec
12 $1,448,000 15078 Sunrise Drive NE 11-Dec
13 $1,999,998 6801 NE Bergman Road 12-Dec Waterfront

 

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

Posted on January 5, 2020 at 2:53 am
Bill Hunt | Category: Real Estate Market Update | Tagged , , , ,