Bellingham Neighborhoods: Birchwood Neighborhood

Birchwood Neighborhood

The Birchwood neighborhood market statistics for September reflect the active, pending, & sold homes in the Birchwood area of Bellingham Real Estate market.  You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy. 

There are currently 14 homes for sale in the Birchwood 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 Birchwood neighborhood in Bellingham, WA.

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

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

  • Median Price is $245,750
  • Average Market time: 45 days
  • Average Sq.ft: 1295
  • Birchwood Bank Owned Real Estate for Sale (0)
  • Birchwood Short Sales for Sale (0)
  • Birchwood Estate Sales for Sale (0)

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

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

  • Median home price is $193,500
  • Average Market time: 42 days
  • Average Sq.ft: 1050
  • Birchwood Bank Owned Real Estate (0)
  • Birchwood Short Sales (0)
  • Birchwood Estate Sales (0)

I include Birchwood neighborhood distressed properties in 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 a 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 Birchwood Neighborhood in the last 18 months.*    

Median Price: The Chart below compares the historic median price of sold and active inventory in the Birchwood neighborhood.

 

 

Neighborhood Inventory

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

  

Birchwood Neighborhood Residential Statistics

 

September

Active Listings

14

Pending Sales

2

Homes sold in the last 30 days

4

Absorption Rate

3.5 Months

Activity Index

7 Months

Average SP % LP

98.83%

 

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 11 2009 01:33AM

Comments

Participate