Sehome Neighborhood Market Statistics - Bellingham Real Estate

The Sehome neighborhood market statistics for October reflect the active, pending, & sold homes in the Sehome area of Bellingham Real Estate market.  You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy. 

There are currently 4 homes for sale in the Sehome neighborhood, 1 home that is pending (under contract with mutual acceptance b/t buyer & seller), & no property has been sold during the month of October 09' in the Sehome neighborhood in Bellingham, WA.

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

• Median Price is $239,000
• Average Market time: 11 days
• Sehome Area pending bank owned real estate (0)
• Sehome Area pending Short Sales (0)
• Sehome Area pending Estate Sales (0)

I include the Sehome neighborhood distressed properties in the market reports because they have an impact on 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 a in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, the over Bellingham real estate market.

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.

Sehome Neighborhood Residential Statistics

Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market.  Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever you need/goals in todays market, find a good agent to help, educate, & empower you.

Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time)

Whatcom Falls Neighborhood Market Statistics - Bellingham Real Estate

The Whatcom Falls neighborhood market statistics for October reflect the active, pending, & sold homes in the Whatcom Falls area of Bellingham Real Estate market.  You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy. 

There are currently 8 homes for sale in the Whatcom Falls neighborhood, 7 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 5 properties that have sold during the month of October 09' in the Whatcom Falls neighborhood in Bellingham, WA.

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

• Median Price is $249,900
• Average Market time: 117 days
• Whatcom Falls Area pending bank owned real estate (0)
• Whatcom Falls Area pending Short Sales (3)
• Whatcom Falls Area pending Estate Sales (0)

• Median home price is $319,000
• Average Market time: 77 days
• Whatcom Falls Area Bank Owned Real Estate (0)
• Whatcom Falls Area Short Sales (0)
• Whatcom Falls Area Estate Sales (0)

I include the Whatcom Falls neighborhood distressed properties in the market reports because they have an impact on 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 a in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, the over Bellingham real estate market.

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

Neighborhood Inventory

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

Whatcom Falls Neighborhood Residential Statistics

Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market.  Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever you need/goals in todays market, find a good agent to help, educate, & empower you.

Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time)

 Whatcom County Market Statistics for October '09 - New Construction Residential

New Construction listings in Whatcom County have declined year-over-year, which makes sense, since prices have declined, lending has tightened, and the demand has decreased.  The number of closed sales is down by about 30% and the median sales prices is down about 9%, which is consistent with the overall Whatcom County RE market.

Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market.  Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with  the nuances of these transactions. Whatever you need/goals in todays market, find a good agent to help, educate, & empower you.

Learn more about the 1st time Home buyers tax credit extension & expansion for current
home owners(1st time doesn't really mean 1st time) 

Sudden Valley Market Statistics

The Sudden Valley Market has seen fewer new home listings in 09' compared to 08', this is most likely a result of sellers holding off on putting their property on the market in hopes of the market improving, however, Sudden Valley has seen a decline of about 8.5% in home values since 08'.  If you're looking to sell, pricing is key, price your property strategically based on your competition.  The Sudden Valley market decline & the 1st time home buyer tax credit has brought more buyers into the market place with a few more sales in 09' than 08', although days on market for the area is about 15 days longer. 

Tara is a full time real estate consultant & marketing specialist in Bellingham.  As a buyer's agent she specializes in finding under-valued properties:  good deals, bank owned real estate, short sales, motivated sellers, etc.  As a Seller's agent, your home will reach millions of buyers via internet, virtual tours, and target marketing in order to sell your property in the least amount of time for  fair market value.   She is well versed in real estate values, finance, and negotiation.  Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.  

Edgemoor Neighborhood Market Statistics - Bellingham Real Estate

The Edgemoor neighborhood market statistics for October reflect the active, pending, & sold homes in the Edgemoor area of the Bellingham Real Estate market.  You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy. 

There are currently 13 homes for sale in the Edgemoor neighborhood, 5 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 1 property that has been sold during the month of October 09' in the Edgemoor neighborhood in Bellingham, WA.

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

Edgemoor Neighborhood Homes for Sale  - (*links will expire in 30 days)  

• Median Price is $739,000
• Average Market time: 185 days
• Edgemoor Area Bank Owned Real Estate for Sale
• Edgemoor Area Short Sales for Sale
• Edgemoor Area Estate Sales for Sale

  Edgemoor Neighborhood Pending Sales - (*links will expire in 30 days)  

• Median Price is $539,000
• Average Market time: 176 days
• Edgemoor Area pending bank owned real estate
• Edgemoor Area pending Short Sales
• Edgemoor Area pending Estate Sales

  Edgemoor Neighborhood Sold Homes - October 09' (*links will expire in 30 days)  

• Median home price is $500,000
• Average Market time: 387 days
• Edgemoor Area Bank Owned Real Estate
• Edgemoor Area Short Sales
• Edgemoor Area Estate Sales

I include the Edgemoor neighborhood distressed properties in the market reports because they have an impact on 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 a in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, the over Bellingham real estate market.

    *Below are charts showing changes in median price & number of homes in the Edgemoor Neighborhood in the last 18 months.*    

Median Price

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

Neighborhood Inventory

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

Edgemoor Neighborhood Residential Statistics

Tara is a full time Realtor in Bellingham, WA.  As a buyer's agent she specializes in finding you under-valued properties:  good deals, bank owned real estate, short sales, estate sales, etc.  As a Seller's agent your home will reach millions of buyers via internet, virtual tours, and target marketing to buyers looking to buy a property like yours.   She is well versed in real estate values, finance, and negotiation.  Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.  

Search for  a Home or List your property today

Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time) 

Whatcom County Market Statistics for October 09'

As you can see from the charts here, sales in Whatcom County year-over-year are down around 9% compared to last year.  Inventory of homes is low, which increases demand and helps to stabilize prices a bit, but as you can see prices are around 7% lower year-over-year.  Although inventory is low, it could be due to more competitive pricing and the feeding frenzy created by the previous 1st time tax credit deadline.  None-the-less low inventory creates demand which leads to faster stabilization.

Thanks for viewing my statistics.  If you have recommendations, like or dislike the blog, please feel free to comment.  I appreciate your feedback!

Tara is a full time real estate consultant in Whatcom & Skagit Counties.  As a marketing specialist she helps sellers looking for optimal exposure for their property with a competitive marketing plan.  With a keen understanding of market conditions & real estate values she can also help with finding you that good deal that you're looking for.  She specializes in bank owned homes & short sales and is quite familiar with the nuances of these transactions.  Give her a call to chat about your real estate goals.  

 Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time)  

The Fairhaven neighborhood market statistics for September reflect the active, pending, & sold homes in the Fairhaven area of Bellingham Real Estate market. You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy. 

There are currently 7 homes for sale in the Fairhaven neighborhood, 2 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 1 property that has been sold during the month of September 09' in the Fairhaven neighborhood in Bellingham, WA.

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

Fairhaven Neighborhood Homes for Sale  

• Median Price is $549,000
• Average Market time: 111 days
• Average Sq.ft: 1824
• Fairhaven Bank Owned Real Estate for Sale (0)
• Fairhaven Short Sales for Sale (0)
• Fairhaven Estate Sales for Sale (0)

 
Fairhaven Neighborhood Pending Sales  

• Median Price is $419,000 
• Average Market time: 72 days
• Average Sq.ft: 2245
• Fairhaven pending Bank Owned Real Estate (0)
• Fairhaven pending Short Sales (0)
• Fairhaven pending Estate Sales (0)

  Fairhaven Neighborhood Sold Homes  

• Median home price is $115,000 
• Average Market time: 75 days
• Average Sq.ft: 1292
• Fairhaven Bank Owned Real Estate (0)
• Fairhaven Short Sales (0)
• Fairhaven Estate Sales (0)

I include Fairhaven neighborhood distressed properties in the market reports because they have an impact on 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 a in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, the over Bellingham real estate market.

    *Below are charts showing changes in median price & number of homes in the Fairhaven Neighborhood in the last 18 months.*    

 Median Price

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

Neighborhood Inventory

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

Fairhaven Neighborhood Residential Statistics

Tara is a full time Realtor in the Bellingham, WA. As a buyer's agent she specializes in finding you under-valued properties:  good deals, bank owned real estate, short sales, estate sales, etc. As a Seller's agent your home will reach millions of buyers via internet, virtual tours, and target marketing to buyers looking to buy a property like yours.  She is well versed in real estate values, finance, and negotiation. Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.  

 Learn more about the 1st time Home buyers tax credit (1st time doesn't really mean 1st time)  

Search for  a Home or List your property today