Bellingham Real Estate

Sehome Neighborhood Market Report

Tara Camp (Keller Williams Western Realty) — Mon, 23 Nov 2009 23:38:15 -0600

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.

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

Median Price is $347,500
Average Market time: 72 days
Sehome Area Bank Owned Real Estate for Sale (0)
Sehome Area Short Sales for Sale (0)
Sehome Area Estate Sales for Sale (0)

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

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)

No Sold Homes in the Sehome Neighborhood for October 09' (*links will expire in 30 days)

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.

*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.

Sehome Neighborhood Residential Statistics

	October
Active Listings	4
Pending Sales	1
Homes sold in the last 30 days	0
Absorption Rate	-
Activity Index	4 Months
Average SP % LP	-

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 Report

Tara Camp (Keller Williams Western Realty) — Mon, 23 Nov 2009 17:14:29 -0600

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.

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

Median Price is $337,000
Average Market time: 105 days
Whatcom Falls Area Bank Owned Real Estate for Sale (0)
Whatcom Falls Area Short Sales for Sale (0)
Whatcom Falls Area Estate Sales for Sale (0)

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

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)

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

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.

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

Median Price

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

	October
Active Listings	8
Pending Sales	7
Homes sold in the last 30 days	5
Absorption Rate	1.6 Months
Activity Index	1 Month
Average SP % LP	96.51%

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

Tara Camp (Keller Williams Western Realty) — Sun, 22 Nov 2009 22:15:13 -0600

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)

Deming Market Statistics - New Construction

Tara Camp (Keller Williams Western Realty) — Thu, 19 Nov 2009 22:12:41 -0600

Mt. Baker/Deming New Construction Residential Market Statistics for October '09

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.

NookSac Market Statistics - New Construction

Tara Camp (Keller Williams Western Realty) — Wed, 18 Nov 2009 23:25:17 -0600

NookSac New Construction Residential Market Statistics for October '09

The Village of Nooksac, which is a Himalaya Homes development in NookSac, greatly impacted the numbers above because the statistics mostly reflect the new homes in this developement. While prices dramatically decreased in the development, the number of home sales increased significantly, which means they were priced right. Good job on the pricing & marketing Mike Swanson of the Muljat Group!

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)

Ferndale Market Statistics - New Construction

Tara Camp (Keller Williams Western Realty) — Wed, 18 Nov 2009 23:17:53 -0600

Ferndale New Construction Residential Market Statistics for October '09

Although the number of new construction homes decreased in Ferndale in 09' the prices have declined over 12% and the number of days on market has increased dramatically. Closed sales are down over 40%, which could also impact future prices.

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 - October 09'

Tara Camp (Keller Williams Western Realty) — Sat, 14 Nov 2009 19:11:05 -0600

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 Report

Tara Camp (Keller Williams Western Realty) — Thu, 12 Nov 2009 21:30:09 -0600

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

	October
Active Listings	13
Pending Sales	5
Homes sold in the last 30 days	1
Absorption Rate	13 Months
Activity Index	2.5 Months
Average SP % LP	91.07 %

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

Tara Camp (Keller Williams Western Realty) — Thu, 12 Nov 2009 00:16:17 -0600

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)

Fairhaven Neighborhood Market Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sun, 08 Nov 2009 00:54:20 -0600

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

	September
Active Listings	7
Pending Sales	2
Homes sold in the last 30 days	1
Absorption Rate	7 Months
Activity Index	3.5 Months
Average SP % LP	89.15%

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

Mt. Baker Neighborhood Market Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sun, 08 Nov 2009 00:45:55 -0600

The Mt. Baker neighborhood market statistics for September reflect the active, pending, & sold homes in the Mt. Baker 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 Mt. Baker neighborhood, 4 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 Mt. Baker neighborhood in Bellingham, WA.

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

Mt. Baker Neighborhood Homes for Sale

Median Price is $549,000
Average Market time: 170 days
Average Sq.ft: 2822
Mt. Baker Bank Owned Real Estate for Sale (0)
Mt. Baker Short Sales for Sale (1)
Mt. Baker Estate Sales for Sale (0)

Mt. Baker Neighborhood Pending Sales

Median Price is $194,450
Average Market time: 209 days
Average Sq.ft: 1477
Mt. Baker pending Bank Owned Real Estate (0)
Mt. Baker pending Short Sales (3)
Mt. Baker pending Estate Sales (0)

Mt. Baker Neighborhood Sold Homes

Median home price is $230,000
Average Market time: 20 days
Average Sq.ft: 1472
Mt. Baker Bank Owned Real Estate (0)
Mt. Baker Short Sales (0)
Mt. Baker Estate Sales (0)

I include Mt. Baker 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 Mt. Baker Neighborhood in the last 18 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.

Mt. Baker Neighborhood Residential Statistics

	September
Active Listings	7
Pending Sales	4
Homes sold in the last 30 days	1
Absorption Rate	7 Months
Activity Index	2 Months
Average SP % LP	100.04 %

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

Sunnyland Neighborhood Market Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sun, 08 Nov 2009 00:19:08 -0600

The Sunnyland neighborhood market statistics for September reflect the active, pending, & sold homes in the Sunny Land 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 17 homes for sale in the Sunny Land neighborhood, 8 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 Sunnyland neighborhood in Bellingham, WA.

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

Sunnyland Neighborhood Homes for Sale

Median Price is $239,900
Average Market time: 89 days
Average Sq.ft: 1296
Sunny Land Bank Owned Real Estate for Sale (0)
Sunny Land Short Sales for Sale (1)
Sunny Land Estate Sales for Sale (0)

Sunnyland Neighborhood Pending Sales

Median Price is $219,950
Average Market time: 69 days
Average Sq.ft: 1386
Sunny Land pending Bank Owned Real Estate (0)
Sunny Land pending Short Sales (0)
Sunny Land pending Estate Sales (0)

Sunnyland Neighborhood Sold Homes

Median home price is $185,000
Average Market time: 22 days
Average Sq.ft: 1000
Sunny Land Bank Owned Real Estate (0)
Sunny Land Short Sales (0)
Sunny Land Estate Sales (0)

I include Sunnyland 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 Sunnyland Neighborhood in the last 18 months.*

Price

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

Neighborhood Inventory

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

Sunnyland Neighborhood Residential Statistics

	September
Active Listings	17
Pending Sales	8
Homes sold in the last 30 days	1
Absorption Rate	17 Months
Activity Index	12 Months
Average SP % LP	93.43%

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

Guide Meridian Neighborhood Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sun, 08 Nov 2009 00:11:14 -0600

The Guide Meridian neighborhood market statistics for September reflect the active, pending, & sold homes in the Guide Meridian 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 20 homes for sale in the Guide Meridian neighborhood, 7 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 2 properties that have sold during the month of September 09' in the Guide Meridian neighborhood in Bellingham, WA.

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

Guide Meridian Neighborhood Homes for Sale

Median Price is $445,000
Average Market time: 136 days
Average Sq.ft: 2394
Guide Meridian Bank Owned Real Estate for Sale (0)
Guide Meridian Short Sales for Sale (1)
Guide Meridian Estate Sales for Sale (0)

Guide Meridian Neighborhood Pending Sales

Median Price is $220,000
Average Market time: 109 days
Average Sq.ft: 1370
Guide Meridian pending Bank Owned Real Estate (1)
Guide Meridian pending Short Sales (3)
Guide Meridian pending Estate Sales (0)

Guide Meridian Neighborhood Sold Homes

Median home price is $393,450
Average Market time: 231 days
Average Sq.ft: 2927
Guide Meridian Bank Owned Real Estate (0)
Guide Meridian Short Sales (0)
Guide Meridian Estate Sales (0)

I include Guide Meridian 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 Guide Meridian Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Guide Meridian Neighborhood Residential Statistics

	September
Active Listings	20
Pending Sales	7
Homes sold in the last 30 days	2
Absorption Rate	10 Months
Activity Index	3 Months
Average SP % LP	95.39%

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

Meridian Neighborhood Statistics- September 09'

Tara Camp (Keller Williams Western Realty) — Sun, 08 Nov 2009 00:03:18 -0600

Meridian Neighborhood Market Statistics - Bellingham Real Estate

The Meridian neighborhood market statistics for September reflect the active, pending, & sold homes in the Meridian 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 5 homes for sale in the Meridian neighborhood, 4 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 Meridian neighborhood in Bellingham, WA.

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

Meridian Neighborhood Homes for Sale

Median Price is $267,500
Average Market time: 50 days
Average Sq.ft: 1344
Meridian Bank Owned Real Estate for Sale (0)
Meridian Short Sales for Sale (0)
Meridian Estate Sales for Sale (0)

Meridian Neighborhood Pending Sales

Median Price is $282,450
Average Market time: 127 days
Average Sq.ft: 1083
Meridian pending Bank Owned Real Estate (0)
Meridian pending Short Sales (0)
Meridian pending Estate Sales (0)

Meridian Neighborhood Sold Homes

Median home price is $260,000
Average Market time: 90 days
Average Sq.ft: 1409
Meridian Bank Owned Real Estate (0)
Meridian Short Sales (0)
Meridian Estate Sales (0)

I include Meridian 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 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.

Meridian Neighborhood Residential Statistics

	September
Active Listings	5
Pending Sales	4
Homes sold in the last 30 days	1
Absorption Rate	5 Months
Activity Index	1 Month
Average SP % LP	96.47%

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

Alabama Hill Neighborhood Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sat, 07 Nov 2009 23:52:35 -0600

The Alabama Hill neighborhood market statistics for September reflect the active, pending, & sold homes in the Alabama Hill 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 9 homes for sale in the Alabama Hill neighborhood, 6 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 Alabama Hill neighborhood in Bellingham, WA.

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

Alabama Hill Neighborhood Homes for Sale

Median Price is $354, 900
Average Market time: 106 days
Average Sq.ft: 1949
Alabama Hill Bank Owned Real Estate for Sale (0)
Alabama Hill Short Sales for Sale (0)
Alabama Hill Estate Sales for Sale (0)

Alabama Hill Neighborhood Pending Sales

Median Price is $284,500
Average Market time: 54 days
Average Sq.ft: 1906
Alabama Hill pending Bank Owned Real Estate (0)
Alabama Hill pending Short Sales (2)
Alabama Hill pending Estate Sales (0)

Alabama Hill Neighborhood Sold Homes

Median home price is $203,000
Average Market time: 11 days
Average Sq.ft: 988
Alabama Hill Bank Owned Real Estate (0)
Alabama Hill Short Sales (0)
Alabama Hill Estate Sales (0)

I include Alabama Hill 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 Alabama Hill Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Alabama Hill Neighborhood Residential Statistics

	September
Active Listings	9
Pending Sales	6
Homes sold in the last 30 days	1
Absorption Rate	9 Months
Activity Index	1.5 Months
Average SP % LP	102.01 %

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

Happy Valley Neighborhood Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sat, 07 Nov 2009 23:43:12 -0600

The Happy Valley neighborhood market statistics for September reflect the active, pending, & sold homes in the Happy Valley 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 5 homes for sale in the Happy Valley neighborhood, 2 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & no property has been sold during the month of September 09' in the Happy Valley neighborhood in Bellingham, WA.

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

Happy Valley Neighborhood Homes for Sale

Median Price is $300,000
Average Market time: 30 days
Average Sq.ft: 2239
Happy Valley Bank Owned Real Estate for Sale (1)
Happy Valley Short Sales for Sale (0)
Happy Valley Estate Sales for Sale (0)

Happy Valley Neighborhood Pending Sales

Median Price is $263,900
Average Market time: 70 days
Average Sq.ft: 1957
Happy Valley pending Bank Owned Real Estate (0)
Happy Valley pending Short Sales (0)
Happy Valley pending Estate Sales (0)

No Homes Sold in the Happy Valley Neighborhood for September 09'

I include Happy Valley 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 Happy Valley Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Happy Valley Neighborhood Residential Statistics

	September
Active Listings	5
Pending Sales	2
Homes sold in the last 30 days	-
Absorption Rate	-
Activity Index	2.5 Months
Average SP % LP	-

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

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Edgemoor Neighborhood Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sat, 07 Nov 2009 23:28:31 -0600

The Edgemoor neighborhood market statistics for September reflect the active, pending, & sold homes in the Edgemoor 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 14 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 September 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

Median Price is $744,500
Average Market time: 203 days
Average Sq.ft: 3061
Edgemoor Bank Owned Real Estate for Sale (0)
Edgemoor Short Sales for Sale (0)
Edgemoor Estate Sales for Sale (0)

Edgemoor Neighborhood Pending Sales

Median Price is $549,000
Average Market time: 243 days
Average Sq.ft: 3158
Edgemoor pending Bank Owned Real Estate (0)
Edgemoor pending Short Sales (0)
Edgemoor pending Estate Sales (0)

Edgemoor Neighborhood Sold Homes

Median home price is $410,000
Average Market time: 95 days
Average Sq. Ft: 1076
Edgemoor Bank Owned Real Estate (0)
Edgemoor Short Sales (0)
Edgemoor Estate Sales (0)

I include 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

	September
Active Listings	14
Pending Sales	5
Homes sold in the last 30 days	1
Absorption Rate	14 Months
Activity Index	2.8 Months
Average SP % LP	97.85%

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

Puget Neighborhood Neighborhood Statistics - September 09'

Tara Camp (Keller Williams Western Realty) — Sat, 07 Nov 2009 23:20:47 -0600

The Puget neighborhood market statistics for September reflect the active, pending, & sold homes in the Puget 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 6 homes for sale in the Puget neighborhood, 5 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & no property has been sold during the month of September 09' in the Puget neighborhood in Bellingham, WA.

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

Puget Neighborhood Homes for Sale

Median Price is $399,950
Average Market time: 123 days
Average Sq.ft: 2331
Puget Bank Owned Real Estate for Sale (0)
Puget Short Sales for Sale (0)
Puget Estate Sales for Sale (0)

Puget Neighborhood Pending Sales

Median Price is $269,000
Average Market time: 49 days
Average Sq.ft: 2299
Puget pending Bank Owned Real Estate (0)
Puget pending Short Sales (2)
Puget pending Estate Sales (0)

No Homes Sold in the Puget Neighborhood for September 09'

I include Puget 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 Puget Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Puget Neighborhood Residential Statistics

	September
Active Listings	6
Pending Sales	5
Homes sold in the last 30 days	-
Absorption Rate	-
Activity Index	1 Month
Average SP % LP	-

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

Samish Neighborhood Market Report

Tara Camp (Keller Williams Western Realty) — Sat, 07 Nov 2009 00:28:29 -0600

The Samish neighborhood market statistics for October reflect the active, pending, & sold homes in the Samish 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 13 homes for sale in the Samish neighborhood, 12 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 3 properties that have sold during the month of October 09' in the Samish neighborhood in Bellingham, WA.

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

Samish Neighborhood Homes for Sale - (*link will expire in 30 days)

Median Price is $400,000
Average Market time: 141 days
Samish Area Bank Owned Real Estate for Sale
Samish Area Short Sales for Sale (1)
Samish Area Estate Sales for Sale

Samish Neighborhood Pending Sales - (*link will expire in 30 days)

Median Price is $293,000
Average Market time: 104 days
Samish Area pending bank owned real estate
Samish Area pending Short Sales
Samish Area pending Estate Sales

Samish Neighborhood Sold Homes - October 09' (*link will expire in 30 days)

Median home price is $255,000
Average Market time: 111 days
Samish Area Bank Owned Real Estate
Samish Area Short Sales
Samish Area Estate Sales

I include the Samish 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 Samish Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Samish Neighborhood Residential Statistics

	October
Active Listings	13
Pending Sales	12
Homes sold in the last 30 days	3
Absorption Rate	4.3 Months
Activity Index	1 Month
Average SP % LP	96.46 %

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

First Time Homebuyer Tax Credit Extended

Tara Camp (Keller Williams Western Realty) — Fri, 06 Nov 2009 23:10:50 -0600

This Blog is courtesy of Rich Brown, a valued member of my team & one of my preferred lenders.

First Time Homebuyer Tax Credit Extended Into 2010!
Plus...A New Tax Credit for Certain Existing Home Owners!

It's official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009.

In addition to extending the tax credit of up to $8,000 through June 30, 2010, the extension measure also opens up opportunities for others who are not buying a home for the first time.

So Who Gets What?
The program that has existed for FTHBs remains intact with the one exception that more people are now eligible based on an increase in the amount of income someone may now earn.

Additionally, the program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years.

Deadlines
In order to qualify for the credit, all contracts need to be in effect no later than April 30, 2010 and close no later than June 30, 2010.

Higher Income Caps in Effect
The amount of income someone can earn and qualify for the full amount of the credit has been increased.

Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible.

Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.

Maximum Purchase Price
Qualifying buyers may purchase a property with a maximum sales price of $800,000.

First-Time Homebuyer Tax Credit - Frequently Asked Questions
Here are answers to some commonly asked questions about the tax credit.

What is a tax credit?
A tax credit is a direct reduction in tax liability owed by an individual to the Internal Revenue Service (IRS). In the event no taxes are owed, the IRS will issue a check for the amount of the tax credit an individual is owed. Unlike the tax credit that existed in 2008, this credit does not require repayment unless the home, at any time in the first 36 months of ownership, is no longer an individual's primary residence.

What is the tax credit for first-time homebuyers (FTHBs)?
An eligible homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home. If the amount of the home purchased is $75,000, the maximum amount the credit can be is $7,500. If the amount of the home purchased is $100,000, the amount of the credit may not exceed $8,000.

Who is eligible for the FTHB tax credit?
Anyone who has not owned a primary residence in the previous 36 months, prior to closing and the transfer of title, is eligible. This applies both to single taxpayers and married couples. In the case where there is a married couple, if either spouse has owned a primary residence in the last 36 months, neither would qualify. In the case where an individual has owned property that has not been a primary residence, such as a second home or investment property, that individual would be eligible.

As mentioned above, the tax credit has been expanded so that existing homeowners who have owned and occupied a primary residence for a period of five consecutive years during the last eight years are now eligible for a tax credit of up to $6,500.

How do I claim the credit?
For those taking advantage of the tax credit in 2009, you may choose to either apply for the credit with your 2009 tax return or you may apply for the credit sooner by filing an amended 2008 tax return with Form 5405 (http://www.irs.gov/pub/irs-pdf/f5405.pdf).

Can you claim the tax credit in advance of purchasing a property?
No. The IRS has recently begun prosecuting people who have claimed credits where a purchase had not taken place.

Can a taxpayer claim a credit if the property is purchased from a seller with seller financing and the seller retains title to the property?
Yes. In situations where the buyer purchases the property, even though the seller retains legal title, the taxpayer may file for the credit. Examples of this would include a land contract, contract for deed, etc. According to the IRS, factors that would demonstrate the ownership of the property would include: 1. the right of possession, 2. the right to obtain legal title upon full payment of the purchase price, 3. the right to construct improvements, 4. the obligation to pay property taxes, 5. the risk of loss, 6. the responsibility to insure the property and 7. the duty to maintain the property.

Are there other restrictions to taking the credit?
Yes. According to the IRS, if any of the following describe your situation, a credit would not be due.

You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild.
You do not use the home as your principal residence.
You sell your home before the end of the year.
You are a nonresident alien.
You are, or were, eligible to claim the District of Columbia first-time home buyer credit for any taxable year. (This does not apply for a home purchased in 2009.)
Your home financing comes from tax-exempt mortgage revenue bonds. (This does not apply for a home purchased in 2009.)
You owned a principal residence at any time during the three years prior to the date of purchase of your new home. For example, if you bought a home on July 1, 2009, you cannot take the credit for that home if you owned, or had an ownership interest in, another principal residence at any time from July 2, 2006, through July 1, 2009.

Can you buy a home from a step-relative and be eligible for the credit?
Yes. Provided the person you are buying a home from is not a direct blood relative, the purchase would be allowed.

Can parent(s) who will not live in the property cosign for a mortgage for their child and the child that is a qualifying FTHB still be eligible for the credit?
Yes.

Can a separated spouse who has not owned a home for four years qualify for the FTHB tax credit if the spouse has owned a property anytime in the last three years?
No. However, the spouse may be eligible for the repeat buyer credit. The best path to take in any situation regarding income taxes is to speak with a professional tax preparer or CPA.

If you don't have an account, I can refer you to one. If you have question concerning the 1st time tax credit or the current home owner tax credit, please give me or Rich a call.

Rich Brown
Mortgage Consultant
Network Mortgage Services
(206) 714-4018
richb@networkhomeloans.com

Bellingham Home for Sale

Tara Camp (Keller Williams Western Realty) — Fri, 30 Oct 2009 18:04:48 -0500

1108 E. Clearbrook is a home for sale in one of Bellingham's most coveted neighborhoods, Whatcom Falls. Whatcom Falls neighborhood gets it's name from Whatcom Falls park, a 241 acre park that boast significant waterfalls, meadering trails, angling ponds, tennis courts and recreation area. Feel free to peruse the trails on your bikes or by foot. Dogs are welcome and trails are mostly off leash, so pets can roam freely...just like in the old days.

For the more extreme biker/hiker, Bellingham and Whatcom Falls neighborhood is the home of Galbraith mountain. Galbraith mountain boast world class (in my opinion) cross country biking. The bike trails are endless with a wide array of trails ranging from easy & flat to technical & tricky to steep & challenging. Hikers are welcomed on the trails, as are free roaming pooches or ditties (free roaming kitties that may act like/look like a dog).

If you're looking to cool off or just relax waterside, Lake Whatcom isn't too far of a drive (5 minutes) or bikeride (10 minutes) to partake. Lake Whatcom is 14 miles long, allowing for water skiing and jet skiing, sailing, or tubing. If you have youngsters, Whatcom Falls neighorhood's school district would be Carl Cozier elementary, Kulshan Middle & Bellingham High. If you'd like to take a tour of this neighborhood and/or home, feel free to contact me.

Sehome Neighborhood, Bellingham, Wa

Tara Camp (Keller Williams Western Realty) — Mon, 26 Oct 2009 23:49:24 -0500

The Sehome neighborhood market statistics for September 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, no homes 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 Sehome neighborhood in Bellingham, WA.

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

Sehome Neighborhood Homes for Sale

Median Price is $284,500
Average Market time: 63 days
Average Sq.ft: 1921
Sehome Bank Owned Real Estate for Sale (0)
Sehome Short Sales for Sale (0)
Sehome Estate Sales for Sale (0)

No Pending Sales in the Sehome Neighborhood

Sehome Neighborhood Sold Homes

Median home price is $240,000
Average Market time: 48 days
Average Sq.ft: 1180
Sehome Bank Owned Real Estate (0)
Sehome Short Sales (0)
Sehome Estate Sales (0)

I include 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.

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

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

	September
Active Listings	4
Pending Sales	-
Homes sold in the last 30 days	1
Absorption Rate	4 Months
Activity Index	-
Average SP % LP	96 %

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

Lettered Streets Neighborhood

Tara Camp (Keller Williams Western Realty) — Sat, 24 Oct 2009 23:15:25 -0500

The Lettered Streets neighborhood market statistics for September reflect the active, pending, & sold homes in the Lettered Streets 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 Lettered Streets 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 Lettered Streets neighborhood in Bellingham, WA.

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

Lettered Streets Neighborhood Homes for Sale

Median Price is $292,250
Average Market time: 47 days
Average Sq.ft: 1170
Lettered Streets Bank Owned Real Estate for Sale (0)
Lettered Streets Short Sales for Sale (0)
Lettered Streets Estate Sales for Sale (0)

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

Median Price is $282,000
Average Market time: 59 days
Average Sq.ft: 1142
Lettered Streets pending Bank Owned Real Estate (0)
Lettered Streets pending Short Sales (0)
Lettered Streets pending Estate Sales (0)

Lettered Streets Neighborhood Sold Homes - September 09' (*links will expire in 30 days)

Median home price is $150,000
Average Market time: 13 days
Average Sq.ft: 753
Lettered Streets Bank Owned Real Estate (0)
Lettered Streets Short Sales (0)
Lettered Streets Estate Sales (0)

I include Lettered Streets 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 Lettered Streets Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

Lettered Streets Neighborhood Residential Statistics

	September
Active Listings	4
Pending Sales	2
Homes sold in the last 30 days	1
Absorption Rate	4 Months
Activity Index	2 Months
Average SP % LP	93.78%

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

Whatcom Falls Neighborhood

Tara Camp (Keller Williams Western Realty) — Sat, 24 Oct 2009 23:06:18 -0500

The Whatcom Falls neighborhood market statistics for September 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 9 homes for sale in the Whatcom Falls neighborhood, 12 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 2 properties that have sold during the month of September 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.

Whatcom Falls Neighborhood Homes for Sale

Median Price is $357,500
Average Market time: 111 days
Average Sq.ft: 1934
Whatcom Falls Bank Owned Real Estate for Sale (0)
Whatcom Falls Short Sales for Sale (0)
Whatcom Falls Estate Sales for Sale (0)

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

Median Price is $278,425
Average Market time: 81 days
Average Sq.ft: 1753
Whatcom Falls pending Bank Owned Real Estate (0)
Whatcom Falls pending Short Sales (3)
Whatcom Falls pending Estate Sales (0)

Whatcom Falls Neighborhood Sold Homes - September 09' (*links will expire in 30 days)

Median home price is $332,599
Average Market time: 37 days
Average Sq.ft: 1640
Whatcom Falls Bank Owned Real Estate (0)
Whatcom Falls Short Sales (0)
Whatcom Falls Estate Sales (0)

I include 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.

*Below are charts showing changes in median price & number of homes in the Whatcom Falls

Median Price: 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

	September
Active Listings	9
Pending Sales	12
Homes sold in the last 30 days	2
Absorption Rate	4.5 Months
Activity Index	0 Month
Average SP % LP	100%

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

York Neighborhood Market Statistics

Tara Camp (Keller Williams Western Realty) — Sat, 24 Oct 2009 22:55:57 -0500

The York neighborhood market statistics for September reflect the active, pending, & sold homes in the York 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 6 homes for sale in the York neighborhood, 4 homes that are pending (under contract with mutual acceptance b/t buyer & seller) & 2 properties that have sold during the month of September 09' in the York neighborhood in Bellingham, WA.

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

York Neighborhood Homes for Sale

Median Price is $224,450
Average Market time: 44 days
Average Sq.ft: 1227
York Bank Owned Real Estate for Sale (0)
York Short Sales for Sale (0)
York Estate Sales for Sale (0)

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

Median Price is $249,225
Average Market time: 17 days
Average Sq.ft: 893
York pending Bank Owned Real Estate (0)
York pending Short Sales (0)
York pending Estate Sales (0)

York Neighborhood Sold Homes - September 09' (*links will expire in 30 days)

Median home price is $229,000
Average Market time: 53 days
Average Sq.ft: 1094
York Bank Owned Real Estate (0)
York Short Sales (0)
York Estate Sales (0)

I include York 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 York Neighborhood in the last 18 months.*

Median Price

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

Neighborhood Inventory

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

York Neighborhood Residential Statistics

	September
Active Listings	6
Pending Sales	4
Homes sold in the last 30 days	2
Absorption Rate	1.5 Months
Activity Index	3 Month
Average SP % LP	97.65%

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