Bellingham Neighborhoods: Columbia Neighborhood - Bellingham, Wa

Columbia Neighborhood - Bellingham, Wa

Columbia Neighborhood Market Statistics - Bellingham Real Estate


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

March 2011


Homes for Sale (8)
Median Price

$252,750

Average DOM

155

Bank Owned

1

Short Sales

0



Pending Sales (4)
Median Price

$194,900

Average DOM

57

Bank Owned

2

Short Sales

0



Sold Homes (3)
Median Price

$205,000

Average DOM

25

Bank Owned

0

Short Sales

1



ABSORPTION RATE: 2.6 Months

ACTIVITY INDEX: 2 Months


Median Price

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



Neighborhood Inventory

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


* Included in this report is the Columbia 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.

Bellingham Foreclosure Help

Market your House to Sell not to sit on the Market

Bellingham Neighborhoods

Whatcom County Home Stats

Search Bellingham Bank Owned Homes

Bellingham Short Sales

Skagit County Bank Owned

Comment balloon 3 commentsTara Camp • April 07 2011 08:36PM

Comments

Tara-nice graphs! I'm surprised at low number of bank owned homes. Lets have a busy spring. Best.

Posted by Adrian Willanger, Profit from my two decades of experience (206 909-7536 AdrianWillanger-broker.com) over 7 years ago
Interesting that you mtoienn those run down industrial properties... These kind of properties engulf the MIT campus and one by one they've become wet lab spaces for biotech start-ups. What is interesting is that MIT owns a lot of those properties in Cambridge and takes a more organic, hands-off approach to development at its perimeter, allowing private players to operate them. Meanwhile...the folks down the river get booed in Allston. Maybe, fact is, MIT is a research based campus and has no "Ivy League" image to live up to. Cluttered land uses, interspersed with many different owners and activities, makes very flexible spaces for entrepreneurial activity. Utilitarian and ugly yes, but many industrial properties are well-built buildings and have the swarthy infrastructure for research labs...They are tremendous university assets! Rather than displace what's there, MIT just wants to grow with it. Certainly a much smarter approach to the oft-fraught town-and-gown relationship.
Posted by Kadir almost 7 years ago
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Posted by fpeofs almost 7 years ago

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