Realogics Sotheby’s International Realty presents a look at the housing market trends for the third quarter of 2019, from the shores of Bainbridge Island’s waterfront homes and in-city living opportunities to the Eastside’s most distinguished residences.
Seattle | Single-Family Homes
Buyers truly came off the sidelines as summer turned to autumn, with the number of home sales up by nearly 8% (from 1,531 to 1,653).
Seattle | Condominiums
As was the case in the Seattle single-family data, the condo market felt the impact of an inventory surge with a year-over-year decline in median home prices, from $480,000 to $420,000.
Eastside | Single-Family Homes
Home prices on the Eastside remained relatively unchanged from the third quarter of 2018 to the third quarter of 2019, at $890,000 and $885,000, respectively.
Bainbridge Island | Single-Family Homes
Single-family homes on Bainbridge Island closed out the year strong, with a median sales price of $953,000 in the final quarter of 2019—up from the previous quarter’s reported $870,000 sale price.