Bellingham Neighborhoods: Bellingham Neighborhoods - Columbia Neighborhood

Bellingham Neighborhoods - Columbia Neighborhood

Columbia Neighborhood Market Statistics - Bellingham Real Estate

The Columbia neighborhood Market Statistics for the month of November shows the active, pending & sold homes in the Columbia area of Bellingham Real Estate Market. Whether you are wishing to sell or invest in a house this month, the provided information below will help you in making the right decision.

  Columbia Neighborhood Residential Statistics


 

November

Active Listings

13

Pending Sales

8

Homes sold in the last 30 days

1

Absorption Rate

  13 Months

Activity Index

1.6 Months

Average SP % LP

100 %

 

     In the Columbia Neighborhood, 13 homes are for sale, 8 homes are on pending (under contract with mutual acceptance b/t buyer & seller) & 1 homes has been sold during the month of November '09.

 

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


Columbia Neighborhood Homes for Sale
(*links will expire in 30 days)
(*links will expire in 30 days)
Columbia Neighborhood Sold Homes
(*links will expire in 30 days)
Median Price $329,500
$270,250 $235,000
Average Market time 99
60
22
Average Sq.ft 1693
1176
800
Columbia Bank Owned Real Estate  none
none
none
Columbia Short Sales for Sale
1 Active short sale
1 Short sale pending
none

     Included in this report is the Columbia neighborhood distressed properties. More likely than not these properties has an impact on the 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 in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.

*Below are charts showing changes in median price & number of homes in the Columbia Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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



 
 
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 your needs/goals in today's market, find a good agent to help, educate, & empower you.
 
(1st time doesn't really mean 1st time)
 

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Comment balloon 0 commentsTara Camp • December 23 2009 04:16PM

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