Bainbridge Island Real Estate Market Report: February 2021

Bigger Poker Chips, More of Them

In the last month, I've written four offers at all price points that didn’t get accepted. The offered purchase prices were 6%, 10% and 18% over asking, and one was for 27% under asking price. While the last one makes sense to have not gotten a response (it was a fair and well thought out offer, for the record), the others were telling. 

When the average over asking selling price was double its usual rate in the second month of the year, that tells me that some serious swagger has shown up at the local closing tables. 

For all the metrics and analysis on last month’s sales, check out my Bainbridge Market Report below.

Thanks,

Jason

P.S. Sharing the love from a past client:

Jason was always ahead of the curve in proactively communicating with us during unforeseen circumstances, which helped take the stress out of the process and allowed us to make informed and timely decisions. Under a very constrained market, Jason helped us position getting an inspection and adding in contingencies that protected us during the buying process. A skilled Realtor is equal parts business, market guru, and psychiatrist... Jason has that mix and matched with us for a balanced team approach. And he was available all the time- he clearly has an understanding family!

-- Samantha and Rist