Bellingham Neighborhoods: Cornwall Park Neighborhood

Cornwall Park Neighborhood

The Cornwall Park neighborhood market statistics for September reflect the active, pending, & sold homes in the Cornwall Park 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 3 homes for sale in the Cornwall Park neighborhood, 3 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 5 properties that have sold during the month of September 09' in the Cornwall neighborhood in Bellingham, WA.

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

Cornwall Park Neighborhood Homes for Sale

  • Median Price is $264,000
  • Average Market time: 95 days
  • Average Sq.ft: 1440
  • Cornwall Bank Owned Real Estate for Sale (0)
  • Cornwall Short Sales for Sale (0)
  • Cornwall Estate Sales for Sale (0)

  Cornwall Park Neighborhood Pending Sales

  • Median Price is $269, 900
  • Average Market time: 104 days
  • Average Sq.ft: 1183
  • Cornwall pending Bank Owned Real Estate (0)
  • Cornwall pending Short Sales (0)
  • Cornwall pending Estate Sales (0)

  Cornwall Park Neighborhood Sold Homes

  • Median home price is $255,000
  • Average Market time: 31 days
  • Average Sq.ft: 1454
  • Cornwall Bank Owned Real Estate (0)
  • Cornwall Short Sales (0)
  • Cornwall Estate Sales (0)

I include Cornwall Park 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 Cornwall Park Neighborhood in the last 18 months.*    

Median Price

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

 


   

Neighborhood Inventory

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

 

 

Cornwall Park Neighborhood Residential Statistics

 

 

September

Active Listings

3

Pending Sales

3

Homes sold in the last 30 days

5

Absorption Rate

0 Months

Activity Index

1 Months

Average SP % LP

92.53%

  

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

homes for sale, bellingham WA, foreclosure, foreclosures, short sales, homes, houses, columbia, fairhaven, samish, lettered streets, alabama hill, old town, silver beach, cordata, birchwood, whatcom falls, puget, york, sehome, mt. baker, mount baker, wwu, south hill, edgemoor, happy valley, cornwall park, king mountain, meridian,

Comment balloon 0 commentsTara Camp • October 16 2009 10:40PM

Comments

Participate