There is a certain kind of magic in the air on Bainbridge Island during the autumn months. From the stunning foliage to the seasonal produce to community events, it’s the perfect transition from an action-packed summer into cozy harvest season. Take advantage of the last string of sunny days and make this a month to remember with our curated list of the top October events to keep you and your loved ones entertained this month.
You’re ready to jump into the real estate market, list your home, and make a successful sale—congratulations! Deciding to embark on a property sale is no small decision. Ensure the process is seamless, lucrative, and productive by avoiding these common seller pitfalls.
Living near the water is a dream for many, offering serene views, recreational activities, and a unique lifestyle. Seattle and its surrounding areas boast some of the most sought-after waterfront communities, each with its own distinct charm. From tranquil island retreats to vibrant suburban enclaves, these neighborhoods offer something for everyone. In this blog, we'll explore the best waterfront communities in the Seattle area, including Bainbridge Island, Medina, Mercer Island, Kirkland, and West Seattle.
With new restrictions now in place statewide, real estate is undergoing another pivot. However, as your trusted advisors, we want you to know that we can still assist you with your goals. Feel free to give us a call or send us a note to find out how we can help you buy or sell this year. We'd love to hear from you!
It was a fine time to be a seller on Bainbridge—homes are appreciating on the island at record speed. Compared to this time last year, the average price per square foot is up 22 percent, while the median sold price is up 34 percent year-over-year. Fewer homes have been on the market, and those homes that are available have been closing quickly, too, with an inventory of available homes down 61.3 percent versus this quarter in 2019.
When COVID-19 hit the Seattle-area, many local experts were unsure the role it would play on our local real estate market. Homeowners and potential buyers alike were hesitant at the beginning of the pandemic, but as we close out September all signs point to fast-moving fall. Mortgage rates continue to hover at historic lows, and buyers are on the move to make offers swiftly as inventory tightens, with many situations resulting in multiple and competing offers.
COVID-19 has changed the way we work, but that doesn’t mean we can’t do it in style. Many American have adapted to the work from home lifestyle, but are presented with a new challenge: how to design and setup their work space. Our team did some digging and found five home offices to inspire design, feel, and of course, productivity.
Are you ready to put your home up for sale for the first time? Purchasing a home is one hurdle, but selling it is a different ball game altogether. With the right planning and preparation, you can not only maximize your return, but you can also ensure a swift and smooth process for your next move. We’ve gathered six essential tips that are pertinent when it comes to putting your home on the market for the first time.
Spring and summer are typically the busiest times of the year when it comes to buying or selling a home. School is out, the weather is warmer, and demand is usually higher. Despite the current pandemic, individuals around the nation are motivated to move more than ever, and are taking advantage of the current market conditions.
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.
Join us this Saturday, May 30th for an exclusive, live-streamed open house at this traditional-style home on Bainbridge Island. Offered at $895,000, this home is suited to fit any lifestyle. Featuring three bedrooms, 2.5 baths, a park-like backyard, spacious patio, open floor plan, and more. Don't miss your chance to view it virtually with my team and I!
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The first quarter of 2020 boasted a seller’s market on Bainbridge Island. The COVID-19 pandemic likely had an impact on the real estate market, it's not yet evident in data from the first three months of the year. Since this time last year, the area has been trending towards a seller’s market, with less inventory available. Median sales prices are up year-over-year as well, by almost 12 percent. While homes spent an average of 77 days on market, up 10 days from the first quarter in 2019, sellers were more likely to see more value in their homes, as the average price per square foot was up 23 percent.
Realogics Sotheby’s International Realty proudly presents its annual summary of the Real Estate Market in Western Washington. Each year, this in-depth analysis provides data and information by market areas and reflects on how the news events of the past year could economically impact the home buying and selling process.
COVID-19 has created a severe impact to our world, as well as our local community. As we continue to navigate these challenging times, first responders need our support and resources more than ever. We encourage residents on Bainbridge Island with vacant ADUs, rental properties, or second homes to rent out your space (for free or for a fee) to first responders so that they may live separately from their own families in order to keep them safe. Staying connected to our community is essential right now, let’s work together to keep each other protected and healthy!
Many are asking how this affects the market and the short answer is we don't know yet. In the near term, we have seen sporadic interest in properties and some are still going under contract, but folks are guarded. In the long term I am optimistic. The underlying strength of the Seattle economy is still there, just currently closed for business. Right now my thoughts are with the families who are struggling.
This month’s extraordinary getaway is timely and full of lavish, castles and greenery. Listed by Ireland Sotheby’s International Realty, these six homes in Ireland take the spotlight this month.
ROOST, Bainbridge Island’s newest community, creates a conversation that we haven’t heard before. Ten residential homes have already been built and lived in since 2018, and the second phase of this unique project currently has five live and work townhomes available.
