Market Tracker | May 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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May 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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Neutral Market |
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Single Family |
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Seller's
Market
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5
months of supply
May 2020 |
Buyer's
Market
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 42.9%
from May 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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May 2020
Total Homes Sold
Single Family
27
 -41.3%
from May 2019 |
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January - May 2020
Year-to-Date Homes Sold
Single Family
115
| -12.9%
from YTD 2019 |
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Total Monthly Inventory
May 2020
188 Total Units
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160
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All Residential Homes
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130
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Single Family Homes
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19
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Condominiums
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28
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Vacant Land
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May 2020
New Listings
Single Family
53
| -28.4%
from May 2019 |
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May 2020
Percentage of Asking Price
Single Family
97%
| -2.2%
from May 2019 |
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May 2020
Average Price per SqFt
Single Family
$410
4.0% May 2019
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May 2020
Median Sold Price
Single Family
$899,000
-5.6% from May 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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