On Bainbridge Island, inventory of single family residences remains lower than normal because demand has roughly doubled over last year. Here are statistics on listings vs. pending sales.
So, Active Listings – those available and not under contract – are 163 vs. 263 in 2011. This is a very small amount of inventory. If you are a buyer, you would be wise to have a Buyer Broker working on your behalf to screen houses for you as they hit the market and help you work quickly to secure the house you want. Buyers who work with a Broker to help them can also benefit from the Broker researching past listings that may not have sold; we can approach the owners on your behalf and uncover gems for you.
First Time Home Buyers may not realize that Sales Commissions are typically paid by the Seller, so it costs you nothing to get Buyer Broker assistance. Talk with your trusted Realtor about it.