{"id":82,"date":"2011-05-24T11:53:17","date_gmt":"2011-05-24T18:53:17","guid":{"rendered":"https:\/\/mykitsaprealestate.net\/wordpress\/?p=82"},"modified":"2012-02-18T15:34:36","modified_gmt":"2012-02-18T22:34:36","slug":"bainbridge-island-real-estate-stats-may-24-2011","status":"publish","type":"post","link":"https:\/\/mykitsaprealestate.net\/wordpress\/2011\/05\/24\/bainbridge-island-real-estate-stats-may-24-2011\/","title":{"rendered":"Bainbridge Island Real Estate Stats May 24, 2011"},"content":{"rendered":"

Market Summary Data for Bainbridge Island Dated May 24, 2011 <\/strong><\/h3>\n

(If you want the most recent data, go here <\/a><\/strong>)<\/span><\/p>\n

Due to a large number of new listings in this time period, we feel it is important to provide timely updated statistics<\/h3>\n

\u00a0In the previous 28 days (April 26 \u2013 May 24 2011):
\n<\/strong><\/em>Total Number of Properties listed on the NWMLS (Active Status): 286<\/strong>
\nNumber of Properties Pending or Sold: 34<\/strong>
\nNumber of Properties Pending Inspection, Pending Backup or Contingent: 24<\/strong><\/p>\n

Conclusion:
\nThe total number of Pending+ Sold Properties is the largest number since about June of 2010 and very close to the same data for 2010 at this time of the year.<\/p>\n

The current ratio of Pending+Sold to the Total Active properties on the market, indicates a very strong Buyer Bias which typically leads to a future drop in the Median & Average Selling Prices.<\/p>\n

Currently:
\nMedian <\/strong>Price of all Active <\/strong>Listings: $560,475 <\/strong>
\nAverage <\/strong>Price of all Active <\/strong>Listings: $841,950 <\/strong><\/p>\n

From April 26 thru May 24:
\nMedian <\/strong>Price of all Sold <\/strong>Listings: $499,000
\nAverage <\/strong>Price of all Sold <\/strong>Listings: $565,479.\u00a0 This is near the low for the previous 18 months, during which time there have only been 4 other months where the average Selling price has been lower.<\/p>\n

Other Interesting Stats:<\/strong>
\nTotal Number of Active Listings being offered at $1,000,000 or more: 68<\/strong>
\nThere are 2 listings over $8,000,000
\nTotal Number of Listings Sold in the previous 12 Months that were $1,000,000+: 20<\/strong><\/p>\n

In this reporting period there are only 14 <\/strong>REO (Bank Owned Properties) among all the Active, Pending & Sold Which is much less than the County & National Averages. There are 26 <\/strong>Short Sale Properties among the Active listings. As a percentage of total properties, this is also less than the statistics for the County as a whole.
\n-Brian Wilson (admin), Broker
\nJohn L. Scott – Poulsbo<\/p>\n","protected":false},"excerpt":{"rendered":"

Market Summary Data for Bainbridge Island Dated May 24, 2011 (If you want the most recent data, go here ) Due to a large number of new listings in this time period, we feel it is important to provide timely … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10],"tags":[387,24,25],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/82"}],"collection":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/comments?post=82"}],"version-history":[{"count":3,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/82\/revisions"}],"predecessor-version":[{"id":87,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/posts\/82\/revisions\/87"}],"wp:attachment":[{"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/media?parent=82"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/categories?post=82"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mykitsaprealestate.net\/wordpress\/wp-json\/wp\/v2\/tags?post=82"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}