Bellingham Neighborhoods: Edgemoor Neighborhood Market Report

Edgemoor Neighborhood Market Report

Edgemoor Neighborhood Market Statistics - Bellingham Real Estate

The Edgemoor neighborhood market statistics for October reflect the active, pending, & sold homes in the Edgemoor area of the 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 13 homes for sale in the Edgemoor neighborhood, 5 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 1 property that has been sold during the month of October 09' in the Edgemoor neighborhood in Bellingham, WA.

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

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

  • Median Price is $739,000
  • Average Market time: 185 days
  • Edgemoor Area Bank Owned Real Estate for Sale
  • Edgemoor Area Short Sales for Sale
  • Edgemoor Area Estate Sales for Sale

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

  • Median Price is $539,000
  • Average Market time: 176 days
  • Edgemoor Area pending bank owned real estate
  • Edgemoor Area pending Short Sales
  • Edgemoor Area pending Estate Sales

  Edgemoor Neighborhood Sold Homes - October 09' (*links will expire in 30 days)  

  • Median home price is $500,000
  • Average Market time: 387 days
  • Edgemoor Area Bank Owned Real Estate
  • Edgemoor Area Short Sales
  • Edgemoor Area Estate Sales

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

Median Price

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


Neighborhood Inventory

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

 

 

Edgemoor Neighborhood Residential Statistics

 

October

Active Listings

13

Pending Sales

5

Homes sold in the last 30 days

1

Absorption Rate

13 Months

Activity Index

2.5 Months

Average SP % LP

91.07 %

  

Tara is a full time Realtor in 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.  

Search for  a Home or List your property today

Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time) 

Comment balloon 0 commentsTara Camp • November 12 2009 09:30PM

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