Birchwood Neighborhood - Bellingham, Wa

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

  Birchwood Neighborhood Residential Statistics

February Active Listings 7 Pending Sales 7 Homes sold in the last 30 days 2 Absorption Rate   3.5 Months Activity Index 1 Month Average SP % LP 100 %

     In the Birchwood Neighborhood, 7 homes are for sale, 7 homes are pending (under contract with mutual acceptance b/t buyer & seller) & 2 homes sold during the month of February '09.

     Included in this report is the Birchwood 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.

Median Price The Chart below compares the historic median price of sold and active inventory in the Birchwood  neighborhood.	Neighborhood Inventory Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Birchwood neighborhood.