Bellingham Neighborhoods: Sehome Neighborhood, Bellingham, Wa

Sehome Neighborhood, Bellingham, Wa

The Sehome neighborhood market statistics for September reflect the active, pending, & sold homes in the Sehome 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 4 homes for sale in the Sehome neighborhood, no homes are pending (under contract with mutual acceptance b/t buyer & seller) & 1 property that has been sold during the month of September 09' in the Sehome neighborhood in Bellingham, WA.

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

Sehome Neighborhood Homes for Sale  

  • Median Price is $284,500
  • Average Market time: 63 days
  • Average Sq.ft: 1921
  • Sehome Bank Owned Real Estate for Sale (0)
  • Sehome Short Sales for Sale (0)
  • Sehome Estate Sales for Sale (0)

  No Pending Sales in the Sehome Neighborhood   

Sehome Neighborhood Sold Homes  

  • Median home price is $240,000
  • Average Market time: 48 days
  • Average Sq.ft: 1180
  • Sehome Bank Owned Real Estate (0)
  • Sehome Short Sales (0)
  • Sehome Estate Sales (0)

I include Sehome 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 Sehome Neighborhood in the last 18 months.*    

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



 

Neighborhood Inventory

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

 

 

 

Sehome Neighborhood Residential Statistics

 

 

September

Active Listings

4

Pending Sales

-

Homes sold in the last 30 days

1

Absorption Rate

4 Months

Activity Index

-

Average SP % LP

96 %

 

  

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 1 commentTara Camp • October 26 2009 11:49PM

Comments

Wow it's looks pretty slow in my old neighborhood!

Posted by Heather Adkinson, Real Estate Agent - Moses Lake (Windermere K-2 Realty LLC www.propertiesinmoseslake.com) over 8 years ago

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