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Sunnyland Neighborhood - Bellingham, Wa

By
Real Estate Agent with Keller Williams Western Realty
Sunnyland Neighborhood Market Statistics - Bellingham Real Estate

The Sunnyland neighborhood Market Statistics for the month of January shows the active, pending & sold homes in the Sunny Land area of Bellingham Real Estate Market. Whether you are wishing to sell or invest in a house this month, the provided information below will help you in making the right decision.

 

  Sunnyland Neighborhood Residential Statistics


 

January

Active Listings

6

Pending Sales

7

Homes sold in the last 30 days

0

Absorption Rate

-  

Activity Index

  1 Month

Average SP % LP

-

     In the Sunnyland Neighborhood, 6 homes are for sale, 7 homes are on pending (under contract with mutual acceptance b/t buyer & seller) & no home sold during the month of January '09.

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

Homes for Sale
  No Sold Home
Median Price $229,950
$215,000
Average DOM's 105
79

Average Sq.ft 1160
1245

Bank Owned  none
none
none
Short Sales
none
4 Pending SS
none

     Included in this report is the Sunny Land neighborhood distressed properties. More likely than not these properties has an impact on the 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 in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, over all the Bellingham real estate market.

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

Median Price

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

Neighborhood Inventory

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


Tara is a full time real estate consultant in Bellingham.  As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Tara can help you analyze properties based on your goals and exit strategy to maximize your investment. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever your goals, find a good agent to help, educate, & empower you.

 
 

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