“Loving Island Life” Bainbridge Island Market Update

Here is the Bainbridge Island Real Estate Market report according to Trulia.  As new reports and statistics are made available I will update them. The supply of Bainbridge Island Real Estate Listings is down and the price per square foot has increased.

Average price per square foot for Bainbridge Island WA was $222, an increase of 4.7% compared to the same period last year. The median sales price for homes in Bainbridge Island WA for Jan 12 to Mar 12 was $390,280 based on 11 home sales. Compared to the same period one year ago, the median home sales price decreased 12.3%, or $54,720, and the number of home sales decreased 15.4%. There are currently 233 resale and new homes in Bainbridge Island on Trulia, including 5 open houses, as well as 41 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Bainbridge Island WA was $818,369 for the week ending Apr 18, which represents a decrease of 0.8%, or $6,201, compared to the prior week.

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