Bainbridge Island

Thoughtfully Curated—Current Exhibitions at BIMA

Thoughtfully Curated—Current Exhibitions at BIMA

The Pacific Northwest has always been a unique location for art. From Northwest Coast art created by Native Americans and the tribes of First Nations to blown glass sculptures, our region is witness to incredibly talented artists.

Bainbridge Island Market Trends: Q2-2019

Bainbridge Island Market Trends: Q2-2019

After a year-over-year retracement of the median sales price of single-family homes in the first quarter of 2019, home values saw double-digit growth in the second quarter of the year, increasing from $865,000 in Q2-2018 to $979,000 in Q2-2019, a 13.2% gain. It is thus no surprise that the neutral market we reported in the first quarter has now shifted back into a seller’s market, with 2 months of inventory. Though the average cumulative days on market was up slightly from this time last year—at 33 days—it was markedly lower than Q1-2019, when homes sold in an average of 67 days.

2019 Waterfront Update

2019 Waterfront Update

Nothing quite compares to the waterfront lifestyle on Bainbridge Island during the summer months. Aquatic adventures abound with long days spent at the water’s edge. In the spirit of the waterfront season, Realogics Sotheby’s International Realty recently released RSIRWaterfront.com, which takes a close look at sales trends in 14 counties around Western Washington with price trends and topographic maps of 27 waterfront communities. Below we have compiled thoughtful insights for Bainbridge Island and Kitsap County.

Bainbridge Island Market Trends: Q1-2019

Bainbridge Island Market Trends: Q1-2019

The market slowdown that began in the fourth quarter of 2018 continued into the first quarter of 2019, with the median sales price of single-family homes on Bainbridge Island settling at $843,000, a 6.33% retracement from the first quarter of 2018 (when homes sold for $900,000). In the first quarter of 2018, we reported a sharp decline in inventory, however as was the case in many markets, inventory rose on Bainbridge Island in Q1-2019, pushing into a neutral market, with 3.2 months of inventory.

Annual Market Update: Bainbridge Island

Annual Market Update: Bainbridge Island

The data for 2018 is in and Realogics Sotheby’s International Realty has put together a comprehensive market report that covers eight key counties and 31 regional markets around the Puget Sound. Below, I’ve outlined trends from Kitsap County, Bainbridge Island and Poulsbo for you to consider as we move into the busiest sales season of the year in our real estate market.

Spring on Bainbridge Island

Spring on Bainbridge Island

Spring is nearly upon us, and as we prepare for longer days, birds chirping and—fingers crossed—sunnier weather, we thought it’d be a great time to highlight some of the fabulous things there are to do on Bainbridge Island. From night hikes and nature walks to entertainment and a Mother’s Day treat, welcome the season of change with some stellar, not-to-be-missed events.

Bainbridge Island Market Trends: Q4-2018

Bainbridge Island Market Trends: Q4-2018

As we closed 2018, the real estate market on Bainbridge Island underwent its typical seasonal slowdown. Many buyers elected to take a break from their home searches and some sellers also paused, as inventory fell to a low of 1.6 months. Though there were fewer sales, home values did not depreciate, as the median sales price reached $1,035,000, the highest figure reported on a quarterly basis in all of 2018.

Winter on Bainbridge Island

Winter on Bainbridge Island

Winter is right around the corner, and with the chill in the air and the joy of the holiday season, there are so many stellar things to do on Bainbridge Island. From music and art to fun family-friendly performances and other community events, celebrate the coldest season of the year with some fun, not-to-miss functions.

Bainbridge Island Market Trends: Q3-2018

Bainbridge Island Market Trends: Q3-2018

Though Seattle and the Eastside both reported slight decreases in the average median sales price from the second to third quarter of 2018, home prices on Bainbridge Island increased on a quarterly basis, from $865,000 in the second quarter of 2018 to $912,000 in the third quarter. This 5.4% quarter-by-quarter increase is larger than the 2.3% year-over-year gain, and may be attributed to a shortage of supply.

Autumn on Bainbridge Island

Autumn on Bainbridge Island

Pumpkin spice lattes and the changing leaves tell us that autumn is officially here on Bainbridge Island! From spooky Halloween fun and a Day of the Dead to wine, art and music, celebrate fall with some fun, not-to-be-missed events.

Bainbridge Weekend: Wine Tasting

Bainbridge Weekend: Wine Tasting

With the arrival of autumn, Bainbridge Island will soon be dripping in beautiful red and golden hues as the leaves change color and the air becomes crisper. This is one of our favorite times of year to spend a weekend wine tasting at the Island’s seven stellar wineries and tasting rooms. Below we’ve outlined our favorite destinations and what makes them special.

Your Guide to Buying in a Hot Market

Your Guide to Buying in a Hot Market

While many areas around the Puget Sound have experienced inventory increases over the past few months, the number of homes for sale on Bainbridge Island remains tight as there were just 1.8 months of inventory as of Q2-2018. With a lack of options and many buyers searching for Island homes, the process can feel daunting—here are seven tips that will help you navigate your home search.

Bainbridge Island Market Trends: Q2-2018

Bainbridge Island Market Trends: Q2-2018

Though other areas around Puget Sound experienced increased inventory in Q2-2018, Bainbridge Island saw a decrease in homes for sale with just 1.8 months of inventory. The number of homes sold likewise decreased, while the average sales price remained relatively steady between Q2-2017 and Q2-2018 at $965,000 and $972,000, respectively. 

Summer on Bainbridge Island

Summer on Bainbridge Island

Summer is now in full swing, and with the warm weather and kids out of school, there are tons of fabulous things to do on Bainbridge Island. From music and art to fun family-friendly performances and other community events, celebrate the warmest season of the year with some fun, not-to-miss functions.

2018 Waterfront Update

2018 Waterfront Update

Offering an abundance of saltwater frontage and stellar city and mountain views, it’s no surprise that Bainbridge Island stands as a prime commuter market and destination for those that want to live an idyllic lifestyle with easy access to the Pacific Northwest’s fabulous recreation and the hustle and bustle of the city. Realogics Sotheby’s International Realty recently released waterfront stats from around the Sound, revealing what’s been happening on the Island since the start of 2018.

A Guide to Parks & Recreation on Bainbridge Island

A Guide to Parks & Recreation on Bainbridge Island

There is no doubt that Bainbridge Island is a fantastic place to live all year round, but summer is one of our favorite times because it gives us the weather and daylight to enjoy the Island’s 27 parks and 36 miles of trails! In celebration of the warmer season, we outlined a few of our favorite destinations below.

Market Trends From Around the Sound: Q1-2018

Market Trends From Around the Sound: Q1-2018

The first quarter stats of 2018 are in and Bainbridge Island continues to attract buyers, as the number of homes sold was up just over 28% from Q1-2017 despite a sharp 60.7% inventory decrease.

Niche Names Bainbridge Island School District Among the State’s Top Five

Niche Names Bainbridge Island School District Among the State’s Top Five

According to a Niche survey of the top Washington state school districts of 2018, Bainbridge Island School District ranks fifth among the 236 districts within the state. With a total of 10 schools and nearly 4,000 students, the Island earned especially high marks within the categories of Academics, Teachers, Clubs & Activities, and College Prep.

Spring on Bainbridge Island

Spring on Bainbridge Island

Spring has officially arrived, which means there are lots of great activities to be enjoyed on the Island! From live music and entertainment to garden talks and a celebration of art, kick spring off with some fun events not to be missed.