“Loving Island Life” Bainbridge Island Real Estate Market Update

Model house placed on a pile of U.S. dollar bills.
  • Inventory of Bainbridge Island Real Estate Existing Homes continues to be a major issue for buyers, but certainly favors sellers.
  • The increase in Bainbridge Island New Home inventory appears to indicate builders are coming back. 
  • Bainbridge Island Condos are continuing to move through the excess inventory built up prior to the housing downturn.

Active Listings –                                                                                         Last Month

  • JANUARY Inventory – Existing Homes                   – 44%               (- 43%)
  • JANUARY New Listings – Existing Homes            – 15%         
  • JANUARY Inventory – New Homes                        + 83%             (+ 200%)
  • JANUARY New Listings – New Homes                     0
  • JANUARY Inventory – Condos                                – 32%              (- 48%)
  • JANUARY New Listings – Condos                         + 67%
  • JANUARY Inventory – New Condos                       – 875%              (- 600%)
  • JANUARY New Listings – New Condos                   0

Pending

  • JANUARY Pending – Existing Homes                    – 13.5%           (+ 46%)
  • JANUARY Pending – New Homes                           – 50%              (+ 200%)
  • JANUARY Pending – Condos                                 + 38%               (+ 40%)
  • JANUARY Pending – New Condos                         Even

Closed Sales

  • JANUARY Closed Sales – Existing Homes          + 64%               (+ 65%)
  • JANUARY Median Price -Existing Homes          – 13.9 %             (- 13%)
  • JANUARY Closed Sales – New Homes                 + 100%               
  • JANUARY Median Price -New Homes                   No data            
  • JANUARY Closed Sales – Condos                          Even                  (+ 16%)
  • JANUARY Median Price – Condos                          + 17%(- 20%)

 For more information about Events and things to do on Bainbridge Island, our Real Estate Market , Bainbridge Island Lifestyle, Condominiums, Luxury Waterfront Homes, Equestrian Properties, and Estates and Farms, visit www.homesforsaleonbainbridgeisland.com. Discover what “Loving Island Life” is all about!

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