Market Tracker | August 2020
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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. |
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August 2020
Bainbridge Island, WA
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What kind of market is it? |
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Inventory indicates a |
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Seller's Market |
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Single Family |
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Seller's
Market
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2.5
months of supply
August 2020 |
Buyer's
Market
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 -28.6%
from Aug 2019
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Sellers
Market
Buyers
Market
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| 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.
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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 |
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August 2020
Total Homes Sold
Single Family
60
 57.9%
from Aug 2019 |
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January - August 2020
Year-to-Date Homes Sold
Single Family
275
| 3.8%
from YTD 2019 |
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Total Monthly Inventory
August 2020
219 Total Units
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191
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All Residential Homes
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159
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Single Family Homes
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22
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Condominiums
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28
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Vacant Land
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August 2020
New Listings
Single Family
51
| 104.0%
from Aug 2019 |
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August 2020
Percentage of Asking Price
Single Family
100%
| 1.0%
from August 2019 |
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August 2020
Average Price per SqFt
Single Family
$451
8.7% Aug 2019
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August 2020
Median Sold Price
Single Family
$867,500
-16.1% from Aug 2019
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Monthly Supply of Inventory
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Homes Sold by Price Range
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Homes Listed by Price Range
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Kristi Nelson |
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Broker | Assisting Broker Bainbridge Island Office |
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M
206 391 1718 |
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Bainbridge Island Branch |
240 Winslow Way E.
Bainbridge Island, WA 98110 |
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