Bainbridge Island Homes For Sale - Market Update February 10, 2014

Residential and Condo Inventory has reached record lows. Buyers are vying for new inventory.
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Year-To-Date, Bainbridge Island Statistics:

Residential Units on the Market:  59, down from 73 on 12/31/13

Condos on the Market :  11 down, from 18 on 12/31/2013

Vacant Land on the Market: 42

Sales:
Number of Closed Residential Sales:  26
Number of Closed Residential Sales 2013 Same Period:  27
Homes Currently Under Contract (Pending Sale):  44

Number of Closed Condo Sales: 6                                      
Number of Closed Condo Sales 2013 Same Period: 7           
Condos Currently Under Contract (Pending Sale):         15

Sold Vacant Land:                                     6 
Closed Vacant Land Sales for Same Period 2012         3
Vacant Land Currently Under Contract                          12
Sold Vacant Land all of 2013:                                        52
Sold Vacant Land all of  2005:                                       69

 Residential Sales: 2005 - 2013 - Median Price and Average Days on Market
2013....414                      $525,000 average days on market   75
2012... 386                      $524,650 average days on market 100

2011... 257                      $493,000    average days on market    155
2010... 255            $540,000    average days on market    132
2009... 212            $546,000    average days on market    198
2008... 186            $589,000    average days on market    161
2007... 331            $680,000    average days on market  98
2006... 350            $673,750    average days on market  98
2005... 397            $650,000    average days on market  91
                                                                                                                                                                     
    Breakdown of Residential and Pending Sales as of December 31, 2013
000 to 250 thousand                        Sold...0         
251 to 500                                        Sold.. 10       
501 to 750                                        Sold...7        
751-1 Mil                                          Sold...5         
1 to 1.5 Mil                                       Sold...3        
1.5 to 2 Mil                                       Sold...0           
2 Million Plus                                   Sold...1