Bellingham Neighborhoods: Sehome Neighborhood - Bellingham Real Estate

Sehome Neighborhood - Bellingham Real Estate

Sehome Neighborhood Market Statistics - Bellingham Real Estate

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

 

  Sehome Neighborhood Residential Statistics


 

January

Active Listings

5

Pending Sales

0

Homes sold in the last 30 days

1

Absorption Rate

 5 Months

Activity Index

-

Average SP % LP

126.93 %

     In the Sehome Neighborhood, 5 homes are for sale, no home is on pending (under contract with mutual acceptance b/t buyer & seller) & 1 home sold during the month of January '09.

 Activity in the Sehome Neighborhood for the past month.

Homes for Sale
No Pending Sales
  Sold Homes
Median Price $320,000

$222,000
Average DOM's 50

5
Average Sq.ft 1914

2488
Bank Owned  none
none
1 Sold REO
Short Sales
none
none
none

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

Median Price

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

Neighborhood Inventory

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


Tara is a full time real estate consultant in Bellingham.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Tara can help you analyze properties based on your goals and exit strategy to maximize your investment. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever your goals, find a good agent to help, educate, & empower you.
 

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Comment balloon 2 commentsTara Camp • February 11 2010 11:58PM

Comments

Tara,  great information to share and great way to do it, , keep the good work and great blogs!   !!!

Posted by Ray Saenz, Homes for Sale in Laredo, TX - Texas, Realtor (Exit Realty Laredo) almost 9 years ago

Hey Ray, thanks for checking out my stats.  Hope Colorado is treating you well!

Tara

Posted by Tara Camp (Keller Williams Western Realty) almost 9 years ago

Participate