Bainbridge home values plummet

Bainbridge home values on Bainbridge Island tumbled faster over the past year than any other part of the county, according to a new report from

Values fell 10.5 percent on Bainbridge, compared to just 1.8 percent for all of Kitsap.

The median Bainbridge home value in March was $490,000. That’s 21 percent less than when the market peaked in February 2007.

Read more in THIS story by Sun business reporter Rachel Pritchett.