Bellingham Neighborhoods: December 2009

Bellingham Neighborhoods - Sehome Neighborhood

Sehome Neighborhood Market Statistics - Bellingham Real Estate



The Sehome neighborhood Market Statistics for the month of November shows the active, pending & sold homes in the Sehome area of Bellingham Real Estate Market. Whether you are wishing to sell or invest in a house this month, the provided information below will help you in making the right decision.

Sehome Neighborhood Residential Statistics


 

November

Active Listings

4

Pending Sales

2

Homes sold in the last 30 days

0

Absorption Rate

  ---

Activity Index

2 Months

Average SP % LP

---

 

In the Sehome Neighborhood, 4 homes are for sale, 2 homes are on pending (under contract with mutual acceptance b/t buyer & seller) & no home has been sold during the month of November '09.

Here's a breakdown of the activity in the Sehome Neighborhood for the past month.


Sehome Neighborhood Homes for Sale
(*links will expire in 30 days)
Sehome Neighborhood Pending Sales
(*links will expire in 30 days)
No Sold Home in the Sehome Neighborhood for November '09

Median Price $296,625
$362,000 ---
Average Market time 73
57
---
Average Sq.ft 1665
2816
---
Sehome Bank Owned Real Estate  none
none
---
Sehome Short Sales for Sale
none
none
---

 

     Included in this report is the Sehome neighborhood distressed properties. More likely than not these properties has an impact on the prices in the neighborhood. If a given neighborhood has 5 distressed properties out of 6 sales, you can pretty much guarantee that the sales prices are going to be lower than in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.

  *Below are charts showing changes in median price & number of homes in the Sehome Neighborhood in the last 18 months.*

Median Price

The Chart below compares the historic median price of sold and active inventory in the Sehome neighborhood.


Neighborhood Inventory

Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Sehome neighborhood.


Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market.  Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.

Learn more about the 1st time Home buyers tax credit (1st time doesn't really mean 1st time)  

Search for  a Home or List your property today

 

 

 

 

 

Comment balloon 0 commentsTara Camp • December 05 2009 07:09PM
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