The number of waterfront sales on Bainbridge Island dropped from 58 in 2018 to 43 in 2019. There are a few waterfront condominium units on the island, with modest but steady sales over the past two years. Excluding these sales reveals a sharper decline in waterfront residential sales, from 51 to 37 transactions. However, high-end sales moved in the opposite direction. There were 17 sales over $2.0 million in 2019, compared with nine such sales in 2018.
From January 2019 through March 2020, the average and median waterfront residential selling prices on Bainbridge Island were $2.09 million and $1.87 million, respectively. The peak selling months in 2019 were July and November, at six sales each.
This distinguished bedroom community a ferry ride from Seattle comprises numerous small pockets of value that blend together without visual cues to distinguish them. To enable their identification, the charts for Bainbridge Island have been uniquely bracketed by selling price.
