Bellingham Neighborhoods: June 2010

York Neighborhood - Bellingham, Wa

York Neighborhood Market Statistics - Bellingham Real Estate

The York neighborhood Market Statistics for the month of May shows the active, pending & sold homes in the York 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.

 

  York Neighborhood Residential Statistics


 

May

Active Listings

8

Pending Sales

1

Homes sold in the last 30 days

0

Absorption Rate

  -

Activity Index

8 Months

     In the York Neighborhood, 8 homes are for sale, 1 homes are pending (under contract with mutual acceptance b/t buyer & seller) & no homes sold during the month of May '10.

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

Homes for Sale
  No Sold Homes
Median Price $277,000
$269,000 -
Average DOM's 131
21
-
Bank Owned  none
none
-
Short Sales
none
none
-

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

Median Price

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

Neighborhood Inventory

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


As a Bellingham Realtor specializing in Bellingham Bank owned properties and Short Sales, Tara is familiar with the nuances of these transactions.   By buying right in this market, buyers can gain a better return on their money.  Tara can help you analyze properties based on your goals and exit strategy. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing.  Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.


Comment balloon 0 commentsTara Camp • June 21 2010 06:24PM
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