Bainbridge prices up in May

Closed Transactions Month of May

Please note: we are comparing closings for May of this year to last year.

32% fewer homes closed in May this year.

Transactions took nearly 4 months longer to close. The average selling price was 20% higher.

Sellers accepted 16% less than they originally asked.

There are 226 homes in inventory at all price ranges (the highest listing is $8.8M). Average listing price is $982,166) , with half the inventory under $695,000.

54 of the homes on the market are priced over $1M. Factoring out those listings results in 157 homes averaging $558,500, with half of these homes under $525,000.