Market Information

Market Information Navigating Our Current Seller’s Market: Tips for Buyers & Sellers We still have a strong seller’s market here on Bainbridge Island. Whether you’re looking to buy a home on the island or sell one, I have some helpful tips for you. But first, a bit about our current market. Recent Stats for Our Seller’s Market With high demand and low supply, we have a strong […]
Market Information Fourth Quarter Review and 2021 Market Forecast Our local real estate market here on Bainbridge Island finished 2020 strong. You’ll find key stats below, providing a comprehensive overview, and a 2021 market forecast from Windermere Real Estate’s Chief Economist, Matthew Gardner. Bainbridge Island’s Strong Seller’s Market Inventory remains low while demand is high, so we still have a strong seller’s market. Buyers: […]
Market Information First Quarter 2020 Review – Bainbridge Market First Quarter Review 2020 & COVID-19 Discussion about the Bainbridge housing market and the economy in general in the first quarter of this year is almost meaningless due to COVID-19. It did not really impact the first quarter market much at all. The data you see here regarding housing activity will be quite different by […]
Market Information Bainbridge Residential Market: 2019 Data and 2020 Forecast Bainbridge’s Residential Market: 2019 in Review I’m often asked about the current state of affairs in Bainbridge’s residential market…whether or not it’s a good time to list your home or buy a home. For perspective, it’s a good idea to take a look at what happened last year and what the projection, while not an […]
Market Information Bainbridge Market Update and Real Estate Excise Tax Change in 2020   As 2019 comes to a close, here’s a look at our local real estate market for Bainbridge Island, Washington. I also want to take a moment to mention the upcoming change to Real Estate Excise Tax (REET) for Washington state. If you’re thinking of selling property in 2020, it may impact you. Bainbridge Island’s […]
Market Information Our Summer Bainbridge Market News Sunny Skies For Our Summer Bainbridge Market This summer, our Bainbridge market has really picked up in the last couple of months. Inventory is getting snatched up quickly and there are often still multiple offers, though that’s not as frequent as it was in the past. Local agents have sold 183 single-family homes so far this year. […]
Market Information Bainbridge Island Real Estate Market Report | 2018 Year in Review 2018 Year in Review Getting Real Let’s put it on the table right away: Our real estate market did not perform at the same level in 2018 as it did in 2017. That does not mean we had an unsuccessful market in 2018; nor does it mean we should brace for a difficult market in […]
Market Information Bainbridge Island Real Estate Market Report | 2018 Q3 2018 3rd Quarter in Review Autumn Temperatures Checking the Thermometer Every day, we hear news about the cooling real estate market but it’s important to consider all the factors that go into those reports. Yes, our market has chilled slightly from its previously overheated state (although we never reached the same sizzle as the Seattle […]
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Market Information Bainbridge Island Real Estate Market Report | 2018 Q2 2018 2nd Quarter In Review A WARM REAL ESTATE CLIMATE FLAG-WAVING SEASON Summer has come to Bainbridge, and with it our traditional celebratory activities. We had an energetic Third of July street dance, a festive Fourth of July parade, and a successful Rotary Auction that grossed more than $600,000. When we move our attention to […]
Market Information Bainbridge Island Real Estate Market Report | 2018 Q1 2018 1st Quarter in Review THE SPRING BOARD Things We Know Are True In the real estate business, we know never to count our proverbial chickens. Offers aren’t made until directed by a client, offers aren’t successful until they are accepted, inspections aren’t completed until everyone is satisfied, and we never take a transaction closing […]
Market Information Bainbridge Island Real Estate Market Report | 2017 Year In Review 2017 The Year in Review CELEBRATING THE NEW YEAR As we welcome a new year, let’s explore some dynamics that played out while we marched through the 2017 calendar. Our market saw a decline in the total number of residential sales for each year between 2013 and the start of 2017. Despite healthy buyer demand, […]
Market Information Bainbridge Island Real Estate Market Report | 2017 Q3 2017 3rd Quarter In Review Leaves Fall – Markets Rise The Big Picture To paint an accurate portrait of the Bainbridge Island real estate market during this autumn season, it’s important to put it in the context of the broader regional economy. Through that lens, things are looking very good. Estimates for September 2016 through […]