Market Tracker | February 2021
|
|
|
|
Welcome to Market Tracker, an exclusive report that informs you of residential real estate sales activity and regional trends. Please
contact me if you would like more information on current market trends. |
|
|
|
|
|
February 2021
Bainbridge Island, WA
|
| |
| |
| |
|
What kind of market is it? |
|
Inventory indicates a |
|
Seller's Market |
|
Single Family |
|
Seller's
Market
|
3.5
months of supply
February 2021 |
Buyer's
Market
|
 -22.2%
from Feb 2020
|
Sellers
Market
Buyers
Market
|
| Estimated time to sell all of the current listing inventory (57) at the current sales rate (9/month average over 6 months) if no other properties came on the market.
|
Seller's market: Less than 4 months of supply
Neutral market: 4 - 6 months of supply
Buyer's market: More than 6 months of supply |
|
|
|
|
February 2021
Total Homes Sold
Single Family
17
| -10.5%
from Feb 2020 |
|
|
January - February 2021
Year-to-Date Homes Sold
Single Family
37
| -5.1%
from YTD 2020 |
|
|
|
|
|
Total Monthly Inventory
February 2021
89 Total Units
|
|
78
|
All Residential Homes
|
|
|
61
|
Single Family Homes
|
|
|
9
|
Condominiums
|
|
|
11
|
Vacant Land
|
|
|
|
|
February 2021
New Listings
Single Family
27
| -12.9%
from Feb 2020 |
|
|
February 2021
Percentage of Asking Price
Single Family
104%
 6.8%
from February 2020 |
|
|
|
|
|
February 2021
Average Price per SqFt
Single Family
$473
|
17.6% Feb 2020
|
|
|
February 2021
Median Sold Price
Single Family
$915,000
|
-3.7% from Feb 2020
|
|
|
|
|
|
Monthly Supply of Inventory
|
|
|
Homes Sold by Price Range
|
|
|
Homes Listed by Price Range
|
|
|
|
| |
| |
| |
|
|
|
Kristi Nelson |
|
Broker | Founding Member Bainbridge Island Office |
|
M
206 391 1718 |
|
Bainbridge Island Branch |
240 Winslow Way E.
Bainbridge Island, WA 98110 |
|
|
|
| &nbap; |
|
|
| &nbap; |
| &nbap; |
|
|
| &nbap; |
| &nbap; |
|
| &nbap; |
|
Find
Homes
Contact Me