The Edgemoor neighborhood Market Statistics for the month of January shows the active, pending & sold homes in the Edgemoor 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.
Edgemoor Neighborhood Residential Statistics
January Active Listings 13 Pending Sales 2 Homes sold in the last 30 days 1 Absorption Rate 13 Months Activity Index 6.5 Months Average SP % LP 97.73%
In the Edgemoor Neighborhood, 13 homes are for sale, 2 homes are on pending (under contract with mutual acceptance b/t buyer & seller) & 1 home sold during the month of January x'09.
Homes for Sale |
Sold Homes |
||
Median Price | $600,000 |
$704,000 | $430,000 |
Average DOM's | 187 |
182 |
374 |
Average Sq.ft | 2944 |
3290 |
2640 |
Bank Owned | none |
none |
none |
Short Sales |
none |
none |
none |
Included in this report is the Edgemoor 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 Edgemoor neighborhood. |
Neighborhood Inventory Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Edgemoor neighborhood. |
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