Meridian Neighborhood - Bellingham, Wa

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

Meridian/Cordata Neighborhood Residential Statistics

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

     In the Meridian/Cordata Neighborhood, 4 homes are for sale, 2 homes are pending (under contract with mutual acceptance b/t buyer & seller) & no home sold during the month of February '09.

     Included in this report is the Meridian/Cordata 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 Meridian/Cordata Neighborhood in the last 18 months.*

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

As a Bellingham Realtor specializing in Bellingham Bank owned properties and Short Sales, Tara is familiar with the nuances of these transactions.   By buying right in this market, buyers can gain a better return on their money.  Tara can help you analyze properties based on your goals and exit strategy. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing.  Whatever you need/goals in today's market, find a good agent to help, educate, & empower you.

 

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