October 2018 Bainbridge Market Report
Bainbridge Island Real Estate: OCTOBER 2018 Bainbridge Market Report
October saw Jason Shutt sell both the highest and lowest priced homes on Bainbridge Island, as well as one of his best frineds from college move from Seattle to Winslow.
Preview from the INVENTORY section: The 36 new listings is average for September over the last 4 years and below the average of 40 for the month over the last 10 years. The 92 active listings kept inventory high for buyers, and the 32 pending listings was the lowest since February. The measure of Months' Supply, at 2.9, was a sharp increase and likely shows a market moving towards being more balanced.
In FROM THE TRENCHES: If a buyer and their agent are going to negotiate seller to make repairs to the home during a transaction, it's crucial to provide documentation from a professional stating the importance.
My Blog: This monthly publication has 23 metrics, 17 analytical quips and 4 charts & graphs about the Bainbridge Island real estate market- all consumable in less than 2 minutes. I’m the only Realtor who publishes this type of analysis and insight, every month, with your interests in mind.
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