Real Estate Market Update May 5, 2019

Bainbridge Island Real Estate Market Update | April 2019

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) and 36 closed sales (13 in March) that sold at a median sales price of $906,500 and an average market time of 51 days. This compares to April 2018; where there were 37 homes that went under contract and 30 closed sales that sold at a median sales price of $794,500 and an average market time of 53 days. Through the end of April, there have been 86 closed sales that sold at a median sales price of $865,000. Compared to the same period last year, there were 103 closed sales at a median sales price of $864,300, a 16.5% decrease in volume and essentially the same median sales price. There were 68 new listings in the month of April, 35 of which are under contract/sold.

Here are the 43 homes that went under contract in April:

Price

Contract

Contract Date

1

$399,999

8040 Bucklin Hill Rd NE

29-Apr

2

$545,000

7681 Weaver Rd NW

2-Apr

3

$579,000

10517 Gertie Johnson Rd

19-Apr

4

$598,000

9999 Ne Beachcrest Dr

16-Apr

5

$659,800

15050 Washington Ave NE

28-Apr

6

$698,000

11054 Madison Ave NE

24-Apr

7

$768,000

15523 Sunrise Dr NE

27-Apr

8

$785,000

656 Moji Lane NW

1-Apr

9

$789,000

6322 NE Lariat Loop

16-Apr

10

$832,000

16265 Agate Point Rd NE

30-Apr

11

$848,000

813 Lovell Ave NW

17-Apr

Closed 4/30 @ $893,000

12

$848,000

2175 Douglas Dr NE

21-Apr

13

$848,000

6989 NE Baker Hill Rd

2-Apr

14

$850,000

8950 Woodbank Dr NE

16-Apr

15

$865,000

9012 Nisqually Wy NE

11-Apr

16

$885,000

9431 Capstan Dr NE

22-Apr

House Sale Contingent

17

$918,000

10376 NE Sasquatch Lane

4-Apr

18

$929,000

900 Alder Ave NE

14-Apr

19

$939,000

5345 Battle Point Dr NE

8-Apr

House Sale Contingent

20

$949,950

6560 Maxwell Lane NE

28-Apr

21

$979,000

315 Ashbury Ct

28-Apr

22

$985,000

8648 Cherry Orchard Lane NE

23-Apr

23

$989,000

4168 El Cimo Lane NE

29-Apr

24

$1,098,000

7558 NE Emerald Wy

18-Apr

25

$1,128,000

5864 NE Old Mill Rd

29-Apr

26

$1,137,900

8747 NE Winslow Grove Ct

27-Apr

27

$1,148,000

6490 NE Justin Ct

25-Apr

28

$1,198,000

11260 NE Wing Point Dr

17-Apr

29

$1,200,000

10813 Bill Point View NE

29-Apr

30

$1,249,000

10379 Ne Blackwood Lane

15-Apr

31

$1,249,900

8746 Ne Winslow Grove Ct

19-Apr

32

$1,295,000

7024 Ne Gregg Farm Lane

13-Apr

33

$1,300,000

8000 Hansen Rd NE

4-Apr

34

$1,314,900

8711 NE Winslow Grove Ct

29-Apr

35

$1,337,900

8735 NE Winslow Grove Ct

16-Apr

House Sale Contingent

36

$1,379,000

9407 & 9285 Sands Ave NE

2-Apr

37

$1,499,900

8777 NE Winslow Grove Ct

12-Apr

38

$1,625,000

11391 Wing Point Way NE

8-Apr

39

$1,625,000

5976 Ne Whitmore Way

13-Apr

40

$2,395,000

9325 South Beach Dr NE

28-Apr

Waterfront

41

$2,688,000

16675 Mariner Ave NE

30-Apr

Waterfront

42

$4,398,000

3698 Point White Dr NE

20-Apr

Waterfront

43

$6,800,000

12269 Arrow Point Loop NE

1-Apr

Waterfront

 

 

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

Real Estate Market Update April 5, 2019

Bainbridge Island Real Estate Market Update | March 2019

Market Update March 2019

At the end of February, inventory is still limited with the number of homes for sale at 51+/and today there are 44+/-. Last year at this time there were 39+/- homes for sale. In the month of March this year there were 40 homes that went under contract (12 in February) and 13 closed sales (18 in February) that sold at a median sales price of $1,110,000 and an average market time of 65 days. This compares to March 2018; where there were 34 homes that went under contract and 31 closed sales that sold at a median sales price of $900,000 and an average market time of 78 days. Through the end of March, there have been 50 closed sales that sold at a median sales price of $842,500. Compared to the same period last year, there were 73 closed sales at a median sales price of $900,000, a 32.5% decrease in volume and a 6.4% decrease in the median sales price. (The median price is skewed by such a small sample size so early in the year.) There were 42 new listings in the month of March, 21 of which are under contract/sold.

Here are the 40 homes that went under contract in March:

Price

Address

Contract Date

1 $484,900 9012 Woodbank Dr NE 21-Mar House sale contingent
2 $489,000 1251 Patmos Lane NW 18-Mar
3 $574,000 8958 Fletcher Boulevard NE 15-Mar
4 $599,000 8230 NE Paulanna Lane 21-Mar
5 $599,000 8277 NE New Holland Ct 2-Mar
6 $689,000 1708 Park View Dr NE 5-Mar
7 $695,000 8625 Ma and Pa Lane NE 2-Mar
8 $710,000 1878 Fort Ward Hill Rd NE 18-Mar
9 $715,000 6001 NE Bligh Ct 22-Mar
10 $718,000 9225 NE Bluefin Ct 29-Mar
11 $721,500 9679 Battle Point Dr NE 30-Mar
12 $748,000 4333 NE Rhodes End Rd 28-Mar
13 $749,800 756 NE Brookcliff Lane 20-Mar
14 $750,000 6515 NE Ada’s Will Lane 14-Mar
15 $769,000 11514 Meadowmeer Cir NE 18-Mar
16 $810,000 391 Fir Acres Dr NW 15-Mar
17 $825,000 8490 NE Meadowmeer Dr 19-Mar
18 $870,000 13516 Chatri Place NE 16-Mar
19 $875,000 9446 NE Coral Ct 9-Mar
20 $899,900 10914 NE Bill Point Court 29-Mar
21 $936,000 10920 NE Bill Point Ct 4-Mar
22 $939,000 13838 La Vigne Ct NE 26-Mar
23 $998,500 13264 Teem Loop Rd NE 18-Mar
24 $999,000 11507 Blue Heron Lane NE 27-Mar Waterfront
25 $999,950 636 Landmark Ct NE 18-Mar
26 $1,048,000 4572 Point White Dr NE 26-Mar Waterfront
27 $1,049,000 724 Tiffany Meadows NE 30-Mar
28 $1,089,000 1174 High School Rd NE 26-Mar
29 $1,095,000 617 Landmark Ct NE 25-Mar
30 $1,098,000 7922 Grand Ave NE 30-Mar
31 $1,149,000 4360 Birkland Rd NE 30-Mar
32 $1,149,000 7990 Hansen Rd NE 15-Mar
33 $1,309,900 8722 NE Winslow Grove Ct 19-Mar
34 $1,334,900 8754 NE Winslow Grove Ct 4-Mar
35 $1,349,000 6686 Ne Bayview Blvd 18-Mar Waterfront-Closed 3/29 @ $1,466,000
36 $1,349,000 15712 Point Monroe Dr NE 5-Mar Waterfront
37 $1,445,000 11711 Two Creeks Rd NE 5-Mar Waterfront
38 $1,500,000 6717 NE Marshall Rd 7-Mar
39 $1,748,000 9368 NE Endicott St 21-Mar
40 $1,795,000 14739 Henderson Rd NE 8-Mar Waterfront

 

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

Real Estate Market Update March 5, 2019

Bainbridge Island Real Estate Market Update | February 2019

Market Update February 2019

The housing inventory is still limited. At the end of January, the number of homes for sale was 43+/and today there are 51+/-. Last year at this time there were 37+/- homes for sale. In the month of February this year there were 12 homes that went under contract (15 in January) and 18 closed sales (19 in January) that sold at a median sales price of $677,000 and an average market time of 65 days. This compares to February 2018; where there were 24 homes that went under contract and 20 closed sales that sold at a median sales price of $1,008,250 and an average market time of 46 days. Through the end of February, there have been 37 closed sales that sold at a median sales price of $767,500. Compared to the same period last year, there were 42 closed sales at a median sales price of $904,500, a 11.9% decrease in volume and a 15% decrease in the median sales price. (The median price is skewed by such a small sample size so early in the year.) There were 25 new listings in the month of February, 11 of which are under contract/sold.

Here are the 12 homes that went under contract in February:

Price

Address

Contract Date

1

$499,000

9553 Daniel Ct

2-Feb

Closed 2/25 @ $520,000

2

$595,000

10459 Duncan Lane NE

5-Feb

Closed 2/26 @ $635,000

3

$659,000

2075 Soundview Dr NE

28-Feb

4

$684,000

8321 Medway Lane NE

18-Feb

5

$768,000

7250 NE Bay Hill Rd

11-Feb

6

$816,000

9580 NE Northtown Lp

13-Feb

7

$949,000

5787 Packard Lane NE

6-Feb

8

$1,087,000

7922 Grand Ave NE

25-Feb

9

$1,136,900

8762 NE Winslow Grove Ct

22-Feb

10

$1,225,000

5784 Rose Loop NE

21-Feb

11

$1,244,000

6412 NE Agate Beach Lane

2-Feb

Waterfront

12

$1,479,950

10207 Affirmed Lane NE

9-Feb

 

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

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.”