There are currently 212 homes for sale.
- Homes are priced from $100,000 - $1,500,000
- Average Asking Price is $380,597 Days on Market are 140 days
- Median Asking Price is $314,350 Days on Market are 108 days
- Homes sold in October: 24
- Average Listing Price $265,483
- Average Sold Price $259,558 Days on the Market 87
- Median Listing Price $246,750
- Median Sold Price $250,194 Days on Market 67
- Homes Pending this week: 5 Total Homes Pending: 49
- Average Sales Price October 2008: $342,675
- Median Sales Price October 2008: $319,950
- Sold in October 2008: 14
The Average Sales price is down 24.3% compared to October 08 and down 2.8% compared to last month, September 09.
The Median Sales prices is down 21.8% compared to October 08 and down 6.9% compared to last month, September 09.
The number of sales is down up by 10 compared to October 08 and is equal to last month, September 09.
Great news the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years has been extended until April 2010. The new program will also expand the tax credit to include existing home owners who have owned a home for at least five of the last 8 years will be able to apply for tax credits of up to $6,500 when they purchase their next home.
You might want to talk to your banker to see what you can afford. Meanwhile interest rates are still extremely low and there are some great values in the Bellingham market right now. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981
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