Bellingham Neighborhoods: April 2011

South Hill Neighborhood - Bellingham, Wa

South Hill Neighborhood Market Statistics - Bellingham Real Estate


The South Hill  neighborhood Market Statistics for the month of March shows the active, pending & sold homes in the South Hill  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.

March 2011


Homes for Sale (17)
Median Price

$639,000

Average DOM

92

Bank Owned

0

Short Sales

0



Pending Sales (1)
Median Price

$350,000

Average DOM

0

Bank Owned

0

Short Sales

1



Sold Homes (1)
Median Price

$427,000

Average DOM

160

Bank Owned

0

Short Sales

0



ABSORPTION RATE: 17 Months

ACTIVITY INDEX: 17 Months


Median Price

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



Neighborhood Inventory

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


* Included in this report is the South Hill neighborhood distressed properties. More likely than not these properties has an impact on the prices in the neighborhood. If a given NB  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.

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.

Bellingham Foreclosure Help

Market your House to Sell not to sit on the Market

Bellingham Neighborhoods

Whatcom County Home Stats

Search Bellingham Bank Owned Homes

Bellingham Short Sales

Skagit County Bank Owned

 

Comment balloon 0 commentsTara Camp • April 14 2011 08:30PM
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