(generally) real estate information about Tacoma and (often) reasons why we love living here.
ARCHIVED BLOG POSTS
Bainbridge Island was even slower this week than last. A year from now we'll be looking at bidding wars. 6 closings for single family homes, 2 condos Silverdale 2 homes, average market time 10.5 months; 1 condo sold in 4.2 monthsKingston 1 home sold in 1.7 monthsBainbridge Island 1 home sold...
Here's an example of a reasonably well-priced home. This one sold February 17.A Manitou Beach (Bainbridge Island, WA) three-bedroom 2-bath 1800 square foot home on only .2 acres with a partial view of Puget Sound was listed 4 months ago for $595,000.After 3 months the price was lowered to $...
Here's the second market chaser. A 1960 3 bedroom 1.75 bath large (3388 square feet) home on a half acre on rise Drive in Bainbridge Island. High bank waterfront with a view and a bulkhead. Time on market: 18 1/2 months, a long, long time, even in a slow market. Originally listed at $1,100,0...
When a home is overpriced (usually at the insistence of the seller) and nobody makes an offer, the seller has three choices: leave the price as is, lower the price quickly, or take the home off the market. If the seller waits too long to lower the price, he is "chasing the market," as...
For the first time in a year, home sales outpaced last year in Bainbridge Island. All sold for less than the asking price..5 closings for single family homes Silverdale 1 home on market for 7.5 monthsBainbridge Island 4 homes (2 new) homes, average market time 13.5 months (!) The same period l...