Bainbridge Island residential properties were selling for a September median price of $565,000, about 5% higher than in August. The more stable three month moving average of closed sale price fell about 5% from last month to $544,833 and is 6% lower than it was a year ago. The Kitsap County 3 month moving average median price is 4% higher than it was a year ago. The 3 month moving average for Bainbridge Island's number of closed sales is 13% lower than a year ago. The 3 month moving average of closed sales is down 23% Countywide from a year ago. The 3 month moving average number of Bainbridge pending sales in September was unchanged from a year ago. The number of active listings on Bainbridge (235) fell 6% from August and is down 3% from a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 13.8 months, slower then the 12.5 months in August and worse than the 9.3 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) | ||
| September 2010 | $565,000 | $544,833 | 20 | 30 | 13.8 | |
| August 2010 | $540,000 | $574,833 | 25 | 30 | 12.5 | |
| September 2009 | $525,000 | $580,417 | 23 | 30 | 9.3 |
More About Bainbridge Island Real Estate Market Trends
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