The Sunny Land neighborhood Market Statistics for the month of December shows the active, pending & sold homes in the Sunny Land 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.
Sunny Land Neighborhood Residential Statistics
December Active Listings 8 Pending Sales 4 Homes sold in the last 30 days 3 Absorption Rate 2.6 Months Activity Index 2 Months Average SP % LP 95.92 %
Homes sold in the last 30 days
Average SP % LP
In the Sunny Land Neighborhood, 8 homes are for sale, 4 homes are pending (under contract with mutual acceptance b/t buyer & seller) & 3 homes sold during the month of December '09.
Here's a breakdown of the activity in the Sunny Land Neighborhood for the past month.
|Homes for Sale
||(4) Short Sales Pending||none
Included in this report are the Sunny Land neighborhood distressed properties. More likely than not these properties will have an impact on prices in the neighborhood. For example, 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 neighborhood that doesn't have distressed sales, which will have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.
The Chart below compares the historic median price of sold and active inventory in the Sunny Land neighborhood.
Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Sunny Land neighborhood.