Bainbridge Island residential properties were selling for a October median price of $465,000, about 13% higher than in September and 4% lower than a year ago. The more stable three month moving average closed sale price fell 4% from last month to $445,667 and is 16% lower than a year ago. The Kitsap County 3 month moving average median price is about 7% lower than it was a year ago. The 3 month moving average for Bainbridge Island's number of closed sales is about 46% higher than a year ago. The 3 month moving average of closed sales is up 17% Countywide from a year ago. The 3 month moving average number of Bainbridge pending sales in October was up 17% from a year ago. The number of active listings on Bainbridge (221) is 6% lower than in September and 6% higher than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 10 months, slower than the 8.7 months in September and faster than the 16.1 months of a year ago. Bainbridge Island is a buyer’s market.
| Median Price | 3 mo Ave Price | 3 mo Ave Closed Sales | 3 mo Ave Pending Sales | Inventory Turnover (months)|
| October 2011 |
$465,000 |
$445,667 |
24 |
35 |
10.0 |
September 2011 |
$410,000 |
$462,333 |
26 |
33 |
8.7 |
October 2010 |
$483,000 |
$529,333 |
17 |
30 |
16.1 |
|
Comments(0)