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
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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.
Homes for Sale |
No Sold Homes |
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Median Price | $304,600 |
$246,450 | - |
Average DOM's | 95 |
79 |
- |
Average Sq.ft | 1262 |
1251 |
- |
Bank Owned | none |
none |
- |
Short Sales |
none |
1 Pending SS |
- |
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.
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. |
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www.WhatcomHomeStats.com
www.BellinghamNeighborhoods.com
www.BellinghamForeclosureHelp.com
www.SkagitBankOwnedProperties.com
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