Bellingham Neighborhoods: Sunnyland Neighborhood Market Statistics - September 09'

Sunnyland Neighborhood Market Statistics - September 09'

The Sunnyland neighborhood market statistics for September reflect the active, pending, & sold homes in the Sunny Land 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 17 homes for sale in the Sunny Land neighborhood, 8 homes that 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 Sunnyland neighborhood in Bellingham, WA.

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

  Sunnyland Neighborhood Homes for Sale  

  • Median Price is $239,900
  • Average Market time: 89 days
  • Average Sq.ft: 1296
  • Sunny Land Bank Owned Real Estate for Sale (0)
  • Sunny Land Short Sales for Sale (1)
  • Sunny Land Estate Sales for Sale (0)

  Sunnyland Neighborhood Pending Sales  

  • Median Price is $219,950
  • Average Market time: 69 days
  • Average Sq.ft: 1386
  • Sunny Land pending Bank Owned Real Estate (0)
  • Sunny Land pending Short Sales (0)
  • Sunny Land pending Estate Sales (0)

  Sunnyland Neighborhood Sold Homes

  • Median home price is $185,000
  • Average Market time: 22 days
  • Average Sq.ft: 1000
  • Sunny Land Bank Owned Real Estate (0)
  • Sunny Land Short Sales (0)
  • Sunny Land Estate Sales (0)

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

Price

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

   

 

Neighborhood Inventory

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

 

 

Sunnyland  Neighborhood Residential Statistics

 

September

Active Listings                         

17

Pending Sales

8

Homes sold in the last 30 days

1

Absorption Rate

17 Months

Activity Index

12 Months

Average SP % LP

93.43%

   

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 2 commentsTara Camp • November 08 2009 12:19AM

Comments

Thank you so much in sharing your local stats with us tonight

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (Real Estate and Beyond, LLC) almost 9 years ago

Hi Harry,

Thank for your comment.  I an analytical, therefore most of my post are cut and dry...but informative.  Thanks for viewing.

Posted by Tara Camp (Keller Williams Western Realty) almost 9 years ago

Participate