Bainbridge Island real estate has been experiencing a flurry of activity not seen in about 7 years. With inventory down and demand up you can't hardly ask for more! Here is a snap shot of the year to date.

Inventory - End of June

 *   Existing Homes - DOWN 27%
 *   New Construction - DOWN 31%
 *   Existing Condos - DOWN 38%
 *   New Condos - DOWN 84%

Pending - YTD

 *   Existing Homes - UP 62.5%  (June was UP 59% Y / Y)
 *   New Construction - UP 37.5% (June was UP 50%)
 *   Existing Condos - UP 13% (June was UP 29%)
 *   New Condos - UP 20% (June was flat)

Sales - YTD

 *   Existing Homes - UP 42%  (June was UP 75%) - Median price UP 2.7%         WOW!
 *   New Construction - Flat (June flat) - Median price DOWN 13.5%
 *   Existing Condos - UP 10% (June was UP 233%) - Median price DOWN 10.5%
 *   New Condos - DOWN 25% (June was flat)  - Median price UP 44%

If you want to know what is happening in the Bainbridge Island real estate market, please contact me at 206-391-1718 or email Kristi Nelson.

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