Bellingham Neighborhoods: March 2010

Sehome Neighborhood - Bellingham, Wa

Sehome Neighborhood Market Statistics - Bellingham Real Estate

The Sehome neighborhood Market Statistics for the month of February shows the active, pending & sold homes in the Sehome area of Bellingham Real Estate Market. Whether you are looking to sell or invest in a home, the provided information below will help you in making an informed decision.

 

  Sehome Neighborhood Residential Statistics


 

February

Active Listings

6

Pending Sales

0

Homes sold in the last 30 days

0

Absorption Rate

-

Activity Index

-

Average SP % LP

-

     In the Sehome Neighborhood, 6 homes are for sale, no homes are pending (under contract with mutual acceptance b/t buyer & seller) & no homes sold during the month of February '10.

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

Homes for Sale
No Pending Sales
  No Sold Homes
Median Price $334,850
-
-
Average DOM's 63
-
-
Average Sq.ft 1882
-
-
Bank Owned  none
-
-
Short Sales
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 Bellingham.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Tara can help you analyze properties based on your goals and exit strategy to maximize your investment. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever your goals, find a good agent to help, educate, & empower you.



Search for a Home or List your property today

Comment balloon 1 commentTara Camp • March 29 2010 01:11AM
Sehome Neighborhood - Bellingham, Wa
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