Market Trends on Bainbridge Island
Market Trends and Housing Data for Bainbridge Island, WA.
June 6, 2014
Market Volume Down 26% During the month of May Bainbridge Island recorded 16 home sales, a decrease of 58% from last year. Even during the doldrums of 2008 Bainbridge recorded 21 sales. Even including the 12 condominium sales the number is still off 40% from last year’s home and condominium sales. This marked the fourth […]
April 22, 2014
Waiting for the Bloom The inventory bloom, that is. Last year’s 1st Quarter in Review highlighted the increase in the number of homes sold during that quarter over the same period in the previous year. We probably could have made a similar claim this year because the demand was there, but […]
January 31, 2014
Inventory. Inventory is the big topic of conversation in the Bainbridge Island real estate world. As we close the door on 2013 and move into the 2014 market our inventory is historically low. 2012 was a banner year for volume on the island with 386 total sales. Last year the […]
January 19, 2014
Riding the Waves The expression “in like a lion, out like a lamb” seems to apply to our 2013 market. At the end of the first half of the year, we were up an impressive 21% from the 2012 numbers of homes sold. In the third quarter, that statistic cooled […]
July 19, 2013
Making Sense of a Strengthening Market The statistics for the first half of 2013 are encouraging but a bit confusing. You look at the number of homes sold and there is joy. A total of 205 homes sold in the first six months even surpasses the “go-go” days of 2006 and 2007. […]
June 10, 2013
Busy Start to 2013 2013 started with a bang and things have not settled down yet. Click the collage above or here to read details about my 2013 sales. If you see a home that fits your needs, but you don’t see anything like it on the market, contact me. […]
April 26, 2013
Spring Arrives on the Heels of a Healthy Quarter Things Are Looking Up. Way Up. Over the first three months of 2008, 34 homes sold on Bainbridge Island. The next year, 37 sold in the first quarter. By 2012, first-quarter sales rose to 55. How many this year? Eighty. That […]
February 26, 2013
Last year we had a banner year in regards to the million dollar market’s volume – selling 50 homes over a million dollars, more than double the volume of 2011. Part of the reason for the activity was lower prices. Price per square foot was lower last year than in […]