Realogics Sotheby’s International Realty is excited to present our Market Trends From Around the Sound, offering data and insightful analysis into the market trends of this year’s first quarter. The report covers 13 of the Puget Sound region’s distinct communities, diving into important data points like median sales prices, average days on market, inventory levels, and more.
A rare and remarkable opportunity, this 13.52-acre property offers exceptional development potential and breathtaking natural beauty. Currently configured as 7 tax parcels—originally platted as 28 lots—it provides unmatched flexibility for a variety of visions, from a private estate or multi-home compound to a thoughtfully designed sub-development.
Nestled on nearly 7 acres of serene natural beauty with 300 feet of high-bank waterfront and beach access, this exceptional estate offers the ultimate in privacy and panoramic views. Every room is designed to frame breathtaking vistas of Puget Sound, Mt. Baker, and the Cascade Mountains.
The home building industry has long been known for its slow adoption of new technologies. However, as we move further into the 21st century, technology is no longer something to be feared but embraced. One innovation that builders can no longer afford to ignore is artificial intelligence (AI). With its potential to automate tasks, optimize processes, and improve the customer experience, AI is set to revolutionize the way builders in Bainbridge Island, Seattle, and beyond operate, market, and sell homes.
Storybook Waterfront Charmer on Point White, where coastal cottage romance meets refined craftsmanship. This stunning south-facing home boasts 53.5’ of fully bulkheaded low-bank waterfront, a private deepwater mooring buoy, and breathtaking views of Rich Passage, highlighted by passing ferries & marine wildlife sightings.
Join us this Saturday, May 30th for an exclusive, live-streamed open house at this traditional-style home on Bainbridge Island. Offered at $895,000, this home is suited to fit any lifestyle. Featuring three bedrooms, 2.5 baths, a park-like backyard, spacious patio, open floor plan, and more. Don't miss your chance to view it virtually with my team and I!
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The first quarter of 2020 boasted a seller’s market on Bainbridge Island. The COVID-19 pandemic likely had an impact on the real estate market, it's not yet evident in data from the first three months of the year. Since this time last year, the area has been trending towards a seller’s market, with less inventory available. Median sales prices are up year-over-year as well, by almost 12 percent. While homes spent an average of 77 days on market, up 10 days from the first quarter in 2019, sellers were more likely to see more value in their homes, as the average price per square foot was up 23 percent.
Realogics Sotheby’s International Realty proudly presents its annual summary of the Real Estate Market in Western Washington. Each year, this in-depth analysis provides data and information by market areas and reflects on how the news events of the past year could economically impact the home buying and selling process.
COVID-19 has created a severe impact to our world, as well as our local community. As we continue to navigate these challenging times, first responders need our support and resources more than ever. We encourage residents on Bainbridge Island with vacant ADUs, rental properties, or second homes to rent out your space (for free or for a fee) to first responders so that they may live separately from their own families in order to keep them safe. Staying connected to our community is essential right now, let’s work together to keep each other protected and healthy!
Many are asking how this affects the market and the short answer is we don't know yet. In the near term, we have seen sporadic interest in properties and some are still going under contract, but folks are guarded. In the long term I am optimistic. The underlying strength of the Seattle economy is still there, just currently closed for business. Right now my thoughts are with the families who are struggling.
This month’s extraordinary getaway is timely and full of lavish, castles and greenery. Listed by Ireland Sotheby’s International Realty, these six homes in Ireland take the spotlight this month.
ROOST, Bainbridge Island’s newest community, creates a conversation that we haven’t heard before. Ten residential homes have already been built and lived in since 2018, and the second phase of this unique project currently has five live and work townhomes available.
Just a 30-minute ferry ride from Seattle, Bainbridge Island is one of the Pacific Northwest’s best kept secrets. The island itself has stunning views of the Puget Sound, cultural and historical heritage, unique small businesses and more. If you’re looking to escape the city for a day, experience the island lifestyle in the best way possible with this ideal itinerary.
After double-digit home price growth from the second quarter of 2018 to that of 2019, the median sales price of single-family homes on Bainbridge Island retraced slightly to $870,000 in the third quarter of 2019. Buyers in this area purchased homes with greater speed than seen in previous years as homes sold in an average of just 19 days on market—a sharp decline from the 44 days they spent on the market in both Q3-2017 and Q3-2018. Conditions are relatively favorable for both buyers and sellers, with a healthy supply of inventory, at 2.4 months.
As the leaves turn from brilliant forest green to varying hues of reds, oranges, and yellows, it becomes clear that autumn has arrived on Bainbridge Island. From spooky creatures and scavengers hunts to costume contests and community celebrations, fall activities are abundant for those of all ages. Here are a few of Bainbridge Island’s autumn festivities not-to-be-missed:
Washington State has continued to make national headlines over the years. From our booming tech community and hot housing market to our ever-successful Seattle Seahawks, Washington manages to find ways to stand out. While news about Amazon and the housing market were hovering in the spotlight, our state has been quietly establishing itself as a leader in the wine industry.
