Bainbridge Island residential properties were selling for a April median price of $510,000, about 20% lower than in March and 7% lower than than a year ago. The more stable three month moving average closed sale price fell 3% from last month to $528,333 and is 2% higher than a year ago. The Kitsap County 3 month moving average median price is about the same as it was a year ago. The 3 month moving average for Bainbridge Island's number of closed sales is about 23% higher than a year ago. The 3 month moving average of closed sales is up 4% Countywide from a year ago. The 3 month moving average number of Bainbridge pending sales in April was up 48% from a year ago. The number of active listings on Bainbridge (180) is 8% lower than in March and 8% lower than a year ago. The inventory turnover (total homes on the market divided by number sold last month) is 5.8 months, faster than the 9.3 months in March and faster than the 10.3 months of a year ago. Bainbridge Island is a buyer's market.
About Brenda Prowse:
Prowse and Company celebrated its 13th anniversary on January 1, 2011, continuing as a significant presence in the Poulsbo and Kitsap Real Estate markets.
For over 30 years Brenda Prowse has been one of Kitsap County's top listing agents. If you are a buyer we have an experienced team of buyer agents who know the county from Port Orchard to Hansville and Bainbridge Island and know the land and multi family market just as well as a the residential market. Unlike most agents, they all have the help they need so that they can devote their entire effort to finding clients the right home.
With Prowse and Company, you receive first class service and great results! Whether you desire waterfront, view property, or even a ranch, Prowse and Company will have that special property listed or our Buyers agents will be able to find it for you.
"Our goal is for you to sell your home for the most profit in the least amount of time and for you to buy your home knowing that you have made the best choice at the right price."
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
