![\"Graph](\"https:\/\/mykitsaprealestate.net\/wordpress\/wp-content\/uploads\/2012\/09\/August-20121.jpg\" "\\"August")
<\/a><\/dt>\nThe number of homes Sold on Bainbridge Island during the month of August was 56<\/strong> which exceeded the previous month (July),\u00a0 and set a new 5 yr. high.\u00a0<\/strong> The trend of each months total \u00a0exceeding the previous month has been continuing unbroken for the past 6 months.<\/p>\n \u00a0Other good news representative of the relative strength of the Bainbridge Island Real Estate Market is that distressed home sales (bank owned foreclosures, REO and short sales) comprised only 7% of the total homes Sold.<\/strong>\u00a0 This is lower than the average in the County by a factor of nearly 3!<\/p>\n The average home price on Bainbridge Island was $581,554 in August, and remained in a very tight range for the third consecutive month.\u00a0 The median home price for August dipped to just under $500,000 but is not particularly representative of any trend, as the median home prices have been oscillating in fairly defined range with occasional large jumps one way or the other depending upon a variety of factors such as: the number of lower or higher priced priced properties sold in a given month, which have tended to sell in clusters, & the number of distressed properties in the mix, some of which have been in process for months.<\/p>\n August was another great month for Real Estate sales on Bainbridge Island and it remains a bright spot in Kitsap County.<\/p>\n Thank You for visiting our blog.<\/p>\n Brian Wilson<\/a>, broker <\/p>\n <\/p>\n 19723 10th Ave NE; Suite 200 <\/p>\n","protected":false},"excerpt":{"rendered":" August 2012 Home Sales, Prices & Trends on Bainbridge Island The number of homes Sold on Bainbridge Island during the month of August was 56 which exceeded the previous month (July),\u00a0 and set a new 5 yr. high.\u00a0 The … Continue reading
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\nPoulsbo, WA 98370<\/p>\n