Bainbridge Island Market Snapshot - January 2023

 

Bainbridge Island's real estate market is standing out in the Seattle area with impressive growth and a strong potential for sellers. According to recent data, home prices have increased by over 30% compared to last January, and the current average home price is even up from the previous month, reaching an impressive $1.8 million.

With such a robust market and low inventory, sellers can expect to receive excellent returns on their home sales, even in a somewhat buyer-scarce market due to high-interest rates and other economic factors. This is especially true when working with an experienced real estate agent who can help guide the seller through the process and maximize their profits.