Bellingham Neighborhoods: Meridian/Cordata Neighborhood - Bellingham, Wa

Meridian/Cordata Neighborhood - Bellingham, Wa

  Meridian/Cordata Neighborhood Market Statistics - Bellingham Real Estate

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

 

Meridian Neighborhood Residential Statistics


 

January

Active Listings

3

Pending Sales

1

Homes sold in the last 30 days

0

Absorption Rate

-

Activity Index

3 Months

Average SP % LP

13.42 %

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

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

Homes for Sale
  No Sold Home
Median Price $314,700
$263,900
Average DOM's 90
153

Average Sq.ft 3
1

Bank Owned  none
none
none
Short Sales
none
1 Pending SS
none

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

Median Price

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

Neighborhood Inventory

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



As a Bellingham Realtor specializing in Bellingham Bank owned properties and Short Sales, Tara is familiar with the nuances of these transactions.   By buying right in this market, buyers can gain a better return on their money.  Tara can help you analyze properties based on your goals and exit strategy. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing.  Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.
 
 

Search for a Home or List your property today

Comment balloon 0 commentsTara Camp • February 26 2010 09:18PM

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