The Sunnyland neighborhood Market Statistics for the month of May shows the active, pending & sold homes in the Sunnyland area of Bellingham Real Estate Market. Whether you are looking to sell or invest in a home, the provided information below will help you in making an informed decision.
Sunnyland Neighborhood Residential Statistics
|
|
In the Sunnyland Neighborhood, 11 homes are for sale, 2 homes are pending (under contract with mutual acceptance b/t buyer & seller) & 6 homes sold during the month of May '10.
Homes for Sale |
Sold Homes |
||
Median Price | $259,900 |
$237,000 | $244,500 |
Average DOM's | 88 |
12 |
31 |
Bank Owned | none |
none |
none |
Short Sales |
none |
1 SS Pending |
1 SS Sold |
Included in this report is the Sunnyland 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 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. |
|
|
Comments(0)