Bellingham Neighborhoods: January 2010

Bellingham Neighborhoods - Happy Valley Neighborhood

Happy Valley Neighborhood Market Statistics - Bellingham Real Estate

The Happy Valley neighborhood Market Statistics for the month of November shows the active, pending & sold homes in the Happy Valley 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.

 

  Happy Valley Neighborhood Residential Statistics


 

November

Active Listings

10

Pending Sales

1

Homes sold in the last 30 days

1

Absorption Rate

  10 Months

Activity Index

10 Months

Average SP % LP

100.30 %

 

     In the Happy Valley Neighborhood, 10 homes are for sale, 1 home is on pending (under contract with mutual acceptance b/t buyer & seller) & 1 home has been sold during the month of November '09.

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


Happy Valley Neighborhood Homes for Sale
Happy Valley Neighborhood Sold Homes
Median Price $279,450
$137,900 $336,000
Average Market time 73
0
65
Average Sq.ft 1715
1591
3000
Happy Valley Bank Owned Real Estate  none
none
1 Bank owned sold
Happy Valley Short Sales for Sale
none
none
none

     Included in this report is the Happy Valley 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 Happy Valley Neighborhood in the last 18 months.*

Median Price

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

 

Neighborhood Inventory

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




 

Tara is a full time Realtor in the Bellingham, WA. As a buyer’s agent she specializes in finding you under-valued properties:  good deals, bank owned real estate, short sales, estate sales, etc. As a Seller's agent your home will reach millions of buyers via internet, virtual tours, and target marketing to buyers looking to buy a property like yours.   She is well versed in real estate values, finance, and negotiation. Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.

 
 

Search for a Home or List your property today

Comment balloon 2 commentsTara Camp • January 04 2010 11:36PM
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