Fairhaven Neighborhood Market Statistics - Bellingham Real Estate
The Fairhaven neighborhood Market Statistics for the month of March shows the active, pending & sold homes in the Fairhaven 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.
Homes for Sale (4)
Pending Sales (3)
Sold Homes (1)
ABSORPTION RATE: 4 Months
ACTIVITY INDEX: 1.3 Months
The Chart below compares the historic median price of sold and active inventory in the Fairhaven neighborhood.
Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Fairhaven neighborhood.
* Included in this report is the Fairhaven neighborhood distressed properties. More likely than not these properties has an impact on the prices in the neighborhood. If a given NB 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.
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.