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Bainbridge Island End of Year 2013 Home Sales & Price Trends

January 14, 2014

Bainbridge Island Real Estate continues on its upward trend in homes sold from its seasonal low in October. There were 36 home sales during December 2013. Though this is a bit lower than the 41 sold during December 2012, which were extraordinary, it is above the normal seasonal level we would expect and is indicative of a continuing strong sales trend in the coming year.

Distressed property sales on Bainbridge Island during December 2013 accounted for 19% of total sales. This is lower than the 22% in Kitsap County as a whole, but was well above the typical levels we’ve been seeing on Bainbridge. This increase in distressed property sales likely accounts for the lower average and median selling prices for homes sold during this period.

On a high note, the average total days a home was on the market before selling was only 79, which is near the low during the previous 4 months. So, despite an increase in distressed property sales during December, homes are still selling quite quickly on Bainbridge Island

Here is the December 2013 Real Estate Data for Bainbridge Island:

Average Original $	$558,456
Average Listing $	$535,319
Average Selling $	$518,792
Average Median $	$458,778
Average $/Sq Ft	$229
TTL # Sold	36
CDOM	79
DOM	73
# Distressed	7
% Distressed	19%
SS	5
REO	2

Thank you for visiting our blog. Feel free to contact either Brian or Jana, as we would love to answer any questions or help you with your real estate needs. We hope you will visit our blog monthly for the most up-to-date information.

Recent Blog Posts

Kitsap County Home Sales & Trends January 2014

Many of the areas in the county had low average selling prices and median sale prices.

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Suquamish & Indianola Real Estate Report January 2014

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January 2014 Kingston, Hansville & Port Gamble Real Estate Sales

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Real Estate Radio Northwest – Brian Wilson Guest – Show Airs Sat. Feb 1, 2014, 2:00pm

There is a segment about the current market situation in Kitsap County for Buyers and Sellers.

December 2013 End of Year Home Sales Kingston, Hansville & Port Gamble

The combined area of Kingston, Hansville & Port Gamble had 13 Home Sales in the Month of December.

December 2013 Suquamish & Indianola Home Sales & Trends

Indianola & Suquamish tend to be the most variable communities in Kitsap County when it comes to home sales trends.

Poulsbo Home Sales December 2013 Trends & Historical Data

33 Homes were sold in Poulsbo during the month of December 2013, matching the same number of sales during December of 2012.

Bainbridge Island End of Year 2013 Home Sales & Price Trends

Bainbridge Island Real Estate continues on its upward trend in homes sold from its seasonal low in October.

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