2020 Year in Review



This year was definitely one for the record books.

Back in March when we went into lockdown, many buyers terminated transactions and forfeited earnest money because of the uncertainty in the world. Soon, real estate was considered an essential business and by summer a significant number of people were fleeing denser areas for places like Bainbridge Island in search of property with privacy and space to spread out.

Every month that I analyzed the statistics, it seemed a new record was made and the metrics were more and more in favor of sellers. As we head into 2021, one thing is certain: The competition has never been more fierce for housing on the island, and it takes an exceptional level of preparation to be successful in this marketplace.

Here are a few stats from 2020 that have left my jaw on the floor:

  • A balanced market in the Puget Sound region is shown with a Months of Supply of 4-6, but on Bainbridge Island in December the metric was just 0.8 for single family homes and 0.3 for condos.
  • The average sale price in 2020 was 14.9% higher than in 2019, which is about 7 times higher than 2019 was up over 2018.
  • Almost half of the homes sold last year reached agreement between buyer and seller in a week or less and sold for an average of 4% over asking price.

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



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

Jason’s hands-on approach was invaluable. He provided objective input on what we needed to do to prepare the house for sale, connected us with trusted vendors and provided project management support that enabled us to get our house on the market in record time. Jason went above-and-beyond for us and went out of his way to alleviate as much of the stress as possible. His integrity, professionalism and bedside manner provides peace-of-mind and confidence that you are in the right hands.

-- Keith and Linda Fleming




real estate Sales on Bainbridge Island in 2020

Are you curious what a property sold for last year? Click the links below to view the sold listings in my Multiple Listing Service "Portal" and see sale prices for every property sold on Bainbridge Island in 2020.


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If you would like, I can sign you up for an auto search so you can follow a specific niche of the market.


2020 Single Family Home Sales


2020 Condo Sales 


2020 Vacant Land Sales


(Curious about what it’s like to work with me? Check out my booklets about my promises and process of guiding clients through selling a home on Bainbridge and buying a home on Bainbridge).


Jason is perfect for real estate because he understands people and how to help them through difficult situations.
— Jim and Trish Corsetti

My goal is to serve your needs; I will move mountains to ensure you meet your objectives, listen carefully so I can focus on your motivations, and provide you with the insight you need to make strategic decisions. I'm here to get your job done, so please let me know what I can do for you or those you know.