Bellingham Neighborhoods

Roosevelt Neighborhood

The Roosevelt neighborhood market statistics for September reflects the active, pending, & sold homes in the Roosevelt neighborhood of Bellingham, Wa Neighborhoods. You can use this information to help with pricing a property you might be preparing to sell or to help you determine value for a home you may be looking to invest in. 

There are currently 5 homes for sale in the Roosevelt neighborhood, 2 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 4 properties that have sold during the month of September 09' in the Roosevelt neighborhood in Bellingham, WA.

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

Roosevelt Neighborhood Homes for Sale (*links will expire in 30 days)

  • Median Price is $239,900
  • Average Market time: 69 days
  • Average Sq.ft: 1386
  • Roosevelt Bank Owned Real Estate for Sale (0)
  • Roosevelt Short Sales for Sale (0)
  • Roosevelt Estate Sales for Sale (0)

  Roosevelt Neighborhood Pending Sales - (*links will expire in 30 days)

  • Median Price is $182,000
  • Average Market time: 6 days
  • Average Sq.ft: 904
  • Roosevelt pending Bank Owned Real Estate (0)
  • Roosevelt pending Short Sales (2)
  • Roosevelt pending Estate Sales (0)

  Roosevelt Neighborhood Sold Homes - September 09' (*links will expire in 30 days)

  • Median home price is $171,750
  • Average Market time: 22 days
  • Average Sq.ft: 1060
  • Roosevelt Bank Owned Real Estate (0)
  • Roosevelt Short Sales (0)
  • Roosevelt Estate Sales (0)

*Information gathered from the NWMLS is deemed reliable but not guaranteed.

I include Roosevelt neighborhood distressed propertiesin the market reports because they have an impact on 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, the over Bellingham real estate market.

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

Median Price

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

 

Neighborhood Inventory

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

 

Roosevelt Neighborhood Residential Statistics

 

 

September

Active Listings

5

Pending Sales

2

Homes sold in the last 30 days

4

Absorption Rate

1 Month

Activity Index

2.5 Months

Average SP % LP

99.21 %

 

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.  

 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 • October 10 2009 10:30PM
Roosevelt Neighborhood
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The Roosevelt neighborhood market statistics for September reflects the active, pending, & sold homes in the Roosevelt neighborhood of Bellingham, Wa Neighborhoods You can use this information to help with pricing a property you might be… more
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