Market Update Jan 27th – Feb 2nd | Bellingham Condos | Centre Pointe Condos

By
Real Estate Sales Representative with Windermere Real Estate / Whatcom Inc.

Bellingham Condominium Market Update for Jan 27th – Feb 2nd

 

New Condos Listed in Bellingham

centre pointe condos BellinghamThis week in the Bellingham condo market 11 new condos were listed. However, 8 or the 11 new condos listed were phase 3 of the Centre Pointe Condominiums. The Centre Point Condominiums are in their 3rd and final phase. The average price of the Centre Point Condos Phase 3 is $256,388 ($248/sq.ft.). The average price for condos listed in Bellingham this week was $243,990 ($227/sq.ft) with a median price of Median Price $247,900 ($234/sq.ft.).

 

Bellingham Condos Pending this Week 

Only 4 condos pended this week in Bellingham. The average price of condos that pended was $233,157 ($174/sq.ft.) with a median price of $211,363 ($155/sq.ft.). The average days on market for these condos was 129.

10 Bellingham Condos Sold this Week! 

The bigger news of the week is the number of condos that closed. 10 condos officially sold this week, which is great. These closed sales reflect the boom that we experienced in January. The average sold price of these condos was $184,390 (165/sq.ft.). The average listing price was $187,366 ($168/sq.ft.), so these condos closed at 98% of their listing price. The average days on market for these closed condos was 217. The average days on market would have been much smaller, but a few of the condos were new construction and had been on the market for quite some time.


Ryan Martin, e-Pro®, Realtor® - 360-319-0040

 
Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

Search all Bellingham Condos for Sale 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Washington Whatcom County Bellingham
Tags:
bellingham real estate
bellingham condos

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
416,386
Mesa, Arizona Real Estate Mesa Arizona Realtor
Homes Arizona Real Estate LLC - Mesa, AZ
AzLadyInRed

Ryan, as usual, a good localism post. Are you getting lots of buyers/sellers as a result of this marketing on AR? Are you doing the google alert to find out if they come up the next day or two?

Pepper

Feb 05, 2008 05:53 AM #1
Rainer
113,497
Ryan Martin
Windermere Real Estate / Whatcom Inc. - Bellingham, WA
Bellingham Commercial RE Broker
Teri - I wouldn't say that it is direct result from ActiveRain alone, but ActiveRain is definitely part of the package.  
Feb 05, 2008 05:57 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
113,497

Ryan Martin

Bellingham Commercial RE Broker
Ask me a question
*
*
*
*
Spam prevention

Additional Information