The Samish neighborhood market statistics for October reflect the active, pending, & sold homes in the Samish area of Bellingham Real Estate market. You can use this information to help with pricing a property you might wish to sell or to help you determine value for a home you may be looking to buy.
There are currently 13 homes for sale in the Samish neighborhood, 12 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 3 properties that have sold during the month of October 09' in the Samish neighborhood in Bellingham, WA.
Here's a breakdown of the activity in the Samish Neighborhood for the past month.
Samish Neighborhood Homes for Sale - (*link will expire in 30 days)
Samish Neighborhood Pending Sales - (*link will expire in 30 days)
Samish Neighborhood Sold Homes - October 09' (*link will expire in 30 days)
I include the Samish neighborhood distressed properties in the market reports because they have an impact on 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 a in a non-distressed transaction & thus, have a declining effect on the neighborhood market, as well as, the over Bellingham real estate market.
*Below are charts showing changes in median price & number of homes in the Samish Neighborhood in the last 18 months.*
Median Price
The Chart below compares the historic median price of sold and active inventory in the Samish neighborhood.
Neighborhood Inventory
Neighborhood inventory is the number of active properties on the market and the number of homes sold in the Samish neighborhood.
Samish Neighborhood Residential Statistics
|
|
October |
|
Active Listings |
13 |
|
Pending Sales |
12 |
|
Homes sold in the last 30 days |
3 |
|
Absorption Rate |
4.3 Months |
|
Activity Index |
1 Month |
|
Average SP % LP |
96.46 % |
Tara is a full time real estate consultant in Whatcom & Skagit Counties. As a marketing specialist she helps sellers looking for optimal exposure for their property with a competitive marketing plan. With a keen understanding of market conditions & real estate values she can also help with finding you that good deal that you're looking for. She specializes in bank owned homes & short sales and is quite familiar with the nuances of these transactions. Give her a call to chat about your real estate goals.
Bellingham Realtor - Specializing in Bank Owned Properties, Short Sales, Lease Options, & Seller Financed properties.
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