September is such a good time of year on Bainbridge. Summer isn't quite behind us, but you can feel fall starting to creep in. The mornings are cooler, the days are getting shorter, and the Island calendar is filling up with all the things that make this season so much fun. I've been savoring extra-slow morning walks with my old pup, Seamus — that first cool, fresh air of the day does wonders for both of us. There's something about September that feels like a reset, a little like heading back to school even decades removed from it: a chance to shake off the last of summer's haze and start the season with fresh eyes.
We're seeing a bit of a seasonal shift in the real estate market, too. This month, I'm sharing a look at the August numbers and what they tell us about where things stand as we head into the end of September and the fall market.
I've also rounded up some fun events happening around the Island over the next few weeks, plus a few to put on your calendar for early October. And, of course, I'm sharing three beautiful homes currently listed with Bainbridge Homes Real Estate and a seasonal recipe from T&C Markets.
Lots to catch up on this month, and lots to look forward to this fall!
Kim Coletti
Bainbridge Market Update - What We're Seeing
As we move toward fall, the Bainbridge Island market is giving both buyers and sellers something to work with.
New Listings: 55 Pending Sales: 43 Closed Sales: 30 Days on Market: 39 Median Sales Price: $1,317,500 Inventory: 92 homes
Sellers received an average of 98.8% of their asking price. Although closed sales were lower than last August, pending activity increased 13.2%, suggesting buyers were still making moves as summer came to a close!
For sellers, heading into fall with more inventory means positioning matters. Buyers have more options and may be more selective, making pricing, preparation, and presentation especially important. Still, August's increase in pending sales shows there is active demand for homes that connect with the right buyer.
For buyers, more inventory means more opportunity to compare homes and make thoughtful decisions. However, the increase in pending sales is also a reminder that desirable properties are still finding buyers. As we head into the fall market, being prepared can make a difference when the right home comes along.
What This Means:
As we head into fall, sellers should expect buyers to be more selective, making thoughtful pricing and presentation increasingly important. For buyers, additional inventory creates more opportunity to compare properties and find the right fit, but well-positioned homes can still attract attention.
Overall, the numbers point to a market with more breathing room, but not a lack of activity. Preparation matters on both sides as we move through September and into the fall market.
Make the most of September on Bainbridge Island, with a month full of live music, local art, outdoor gatherings, and plenty of reasons to get out and enjoy the change of the seasons.
Check out this recipe for Roasted Poblano and Corn Soup from Town & Country on Bainbridge! Roasted poblanos are magic. Smoky with just a touch of warmth, they’re wonderful paired with sweet corn.