Bellingham Neighborhoods: Sunny Land Neighborhood Market Report - Oct. 09'

Sunny Land Neighborhood Market Report - Oct. 09'

Sunny Land Neighborhood Market Statistics - Bellingham Real Estate

 The Sunny Land neighborhood market statistics for October 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 14 homes for sale in the  Sunny Land neighborhood, 6 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 4 properties that have sold during the month of October 09' in the Sunny Land neighborhood in Bellingham, WA.

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

Sunny Land Neighborhood Homes for Sale - (*links will expire in 30 days)
Sunny Land Neighborhood Pending Sales - (*links will expire in 30 days)
Sunny Land Neighborhood Sold Homes - October 09' (*links will expire in 30 days)
  • Median home price is $240,950
  • Average Market time: 56 days
  • Sunny Land Area Bank Owned Real Estate (0)
  • Sunny Land Area Short Sales (0)
  • Sunny Land Area Estate Sales (0)

I include the Sunny Land 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 Sunny Land Neighborhood in the last 18 months.*
Median 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 Sunny Land neighborhood.


Sunny Land Neighborhood Residential Statistics



Active Listings


Pending Sales


Homes sold in the last 30 days


Absorption Rate

3.5 Months

Activity Index

2.3 Months

Average SP % LP



Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market.  Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever you need/goals in todays market, find a good agent to help, educate, & empower you.


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 29 2009 12:18AM