“Loving Island Life” Bainbridge Island Market Update

Here is a Bainbridge Island Market report according to Trulia.  As new reports and statistics are made available I will update them.  The supply of Bainbridge Island Real Listings is down and sales are currently up for the year.

The median sales price for homes in ZIP code 98110 in Bainbridge Island from Feb 12 to Apr 12 was $337,480 based on 11 sales. Compared to the same period one year ago, the median sales price decreased 33.8%, or $172,520, and the number of sales decreased 26.7%. Average price per square foot for homes in 98110 was $176, a decrease of 54.2% compared to the same period last year. There are currently 230 resale and new homes in ZIP code 98110 on Trulia, including 4 open houses, as well as 36 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 98110 was $844,377 for the week ending May 02, which represents an increase of 1%, or $8,528, compared to the prior week.

For more information about the Bainbridge Island Real Estate Market , Bainbridge Island Lifestyle,  Condominiums, Luxury Waterfront Homes, Equestrian Properties, and Estates and Farms, visit www.homesforsaleonbainbridgeisland.com.