Bellingham Neighborhoods: Mt. Baker Neighborhood - Bellingham, Wa

Mt. Baker Neighborhood - Bellingham, Wa

Mt. Baker Neighborhood Market Statistics - Bellingham Real Estate


The Mt. Baker neighborhood Market Statistics for the month of November shows the active, pending & sold homes in the Mt. Baker area of Bellingham Real Estate Market. Whether you are looking to sell or invest in a home, the provided information below will help you in making an informed decision.


November 2010


Homes for Sale (5)
Median Price

$469,000

Average DOM

226

Bank Owned

0

Short Sales

0



Pending Sales (3)
Median Price

$289,900

Average DOM

49

Bank Owned

0

Short Sales

0



Sold Homes (1)
Median Price

$242,000

Average DOM

23

Bank Owned

0

Short Sales

0



ABSORPTION RATE: 5 Months

ACTIVITY INDEX: 1.6 Months


Median Price

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


Neighborhood Inventory

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


* Included in this report is the Mt. Baker neighborhood distressed properties. More likely than not these properties has an impact on the prices in the neighborhood. If a given NB  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.

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.

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Comment balloon 1 commentTara Camp • December 22 2010 08:03PM

Comments

Tara, great post on the neighborhood stats.  What program are you using to generate the stats?

Posted by Eric Anderson, Fort Bragg Military Relocation Services, Fayettevi (Eric Anderson Realty Group) almost 8 years ago

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