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Bainbridge Island, WA

Bainbridge Fourth Quarter Market Report

01-27-12
Paul Pival
Paul Pival: Real Estate Agent in Tacoma, WA

Bainbridge Island Fourth Quarter Closed Transactions

Activity during the fourth quarter this year increased two percent over the fourth quarter of last year.

Transactions closed about a week faster. The average sale price fell only one percent. Sellers accepted 14% less than they originally asked.

If you'd like the selling details of the home that sold in your neighborhood, just ask.

Bainbridge Island Real Estate Market - December 2011

Brenda Prowse: Real Estate Agent in Poulsbo, WA

Bainbridge Island residential properties were selling for a December median price of $483,000, about 5% lower than in November and less than 13% lower than a year ago. The more stable three month moving average closed sale price rose 5% from last month to $486,000 and is 6% lower than a year ago. The Kitsap County 3 month moving average median price is about 1% lower than it was a year ago. The 3 month moving average for Bainbridge Island's number of closed sales is about 7% higher than a year ago. The 3 month moving average of closed sales is up 3% Countywide from a year ago. The 3 month moving average number of Bainbridge pending sales in December was down 13% from a year ago. The number of active listings on Bainbridge (173) is 20% lower than in November and 11% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 8.7 months, faster (due to falling inventory) than the 11.3 months in November and slower than the 6 months of a year ago. Bainbridge Island is a buyer’s market.

Bainbridge Island Real Estate - December 2011
Median Price3 mo Ave Price3 mo Ave Closed Sales3 mo Ave Pending SalesInventory Turnover (months)
December 2011 $483,000 $486,000 20 21 8.7
November 2011 $510,000 $441,667 23 26 11.3
December 2010 $554,500 $515,292 19 24 6.0

More About Bainbridge Island Real Estate

Bainbridge Island Weekly Market Update 01/02/12

Maureen Buckley, Managing Broker/ Owner: Real Estate Agent in Bainbridge Island, WA

Graph for Bainbridge Market Real Estate Market

Bainbridge Island's Top 25 Stories of 2011

Maureen Buckley, Managing Broker/ Owner: Real Estate Agent in Bainbridge Island, WA

Local online news site, Inside Bainbridge, has compiled a list of the most popular news stories for Bainbridge Island in 2011. See what folks on our little island have been talking about this year... http://www.insidebainbridge.com/2011/12/27/ibs-top-stories-of-2011/

Bainbridge Island Real Estate Market Comparison of 2011 & 2010

Maureen Buckley, Managing Broker/ Owner: Real Estate Agent in Bainbridge Island, WA

2010&2011 comparison graphs