Closed Transactions Month of November
Please note: we are comparing closings for November of this year to the same month last year.
The Bainbridge market improved for the third consecutive month. Six percent more homes closed last month.
Transactions closed five days slower. The average selling price was up 28%.
Sellers accepted 13% less than they originally asked.
If you would like details of the home that closed in your neighborhood, call or email me.
There are 194 homes in inventory*, 46 fewer than last month, at all price ranges (the highest listing is $8.8M). Average listing price is $965,000, up $19,000 from last month) , with the median price increasing to $650,000.
In summary, Bainbridge has fewer homes in inventory with prices higher than last month. It is still a buyer's market, but the trend is moving toward neutral.
*not counting bank-owned properties
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