Bellingham Neighborhoods: Roosevelt Neighborhood Market Statistics - November 09'

Roosevelt Neighborhood Market Statistics - November 09'

Roosevelt Neighborhood Market Statistics - Bellingham Real Estate

The Roosevelt neighborhood Market Statistics for the month of November shows the active, pending & sold homes in the Roosevelt 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.

 

  Roosevelt Neighborhood Residential Statistics


 

November

Active Listings

3

Pending Sales

1

Homes sold in the last 30 days

0

Absorption Rate

  ---

Activity Index

3 Months

Average SP % LP

---

 

 

     In the Roosevelt Neighborhood, 3 homes are for sale, 1 home is on pending (under contract with mutual acceptance b/t buyer & seller) & no home has been sold during the month of November '09.

 

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


Roosevelt Neighborhood Homes for Sale
(*links will expire in 30 days)
Roosevelt Neighborhood Pending Sales
(*links will expire in 30 days)
No Sold Homes in the Roosevelt Neighborhood for November '09

Median Price $326,600
$189,900 ---
Average Market time 81
138
---
Average Sq.ft 1297
1796
---
Roosevelt Bank Owned Real Estate  none
none
---
Roosevelt Short Sales for Sale
none
none
---

     Included in this report is the Roosevelt 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 Roosevelt Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Roosevelt 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 you need/goals in today's market, find a good agent to help, educate, & empower you.
 
 

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Comment balloon 0 commentsTara Camp • December 23 2009 11:35PM

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