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Ryan Martin - Bellingham Real Estate Agent

Jan 13 - 19 Weekly Bellingham Real Estate Review

Weekly Review for Bellingham Real Estate | Jan 13th - 19th 2008

 Only 15 homes came on the market this week in Bellingham. The average priced home was $532,812. However, this figure was a bit skewed due to one home being listed at $2,600,000. If we look at the median price of homes listed this week we get $305,000. $305,000 is very close to the 2007 year end median price of $315,000.

The really good news for sellers is that 18 homes pended this week. It is very nice to see more homes sold than listed this week. There are currently 477 homes on the market in Bellingham. The median listing price for these homes is $374,950, while the average listing price is $475,000. The median listing price of home pending this week was $310,000, while the average was $370,000. The average days on market for homes coming off the market this week was 88.

 New Listing Highlights for the Week

The previously mentioned home on Lakeview came on the market for $2,600,000. This home is HUGE at 6,425sq.ft with a 3 car detached garage and striking views of Lake Whatcom.

There were a couple of entry level homes that came on the market in the Columbia Neighborhood & Sunnyland Neighborhood this week. Both homes have 2 Bedrooms, 1 Bathroom and are just under 1,000 sq.ft. These homes came on the market at $265,000 & $269,000.

The new construction inventory was very low this week, as we would expect for this time of year. Tercel Corp did list a couple of spec homes on Kramer Ln off Bakerview.



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

Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

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*NEW* Hot Buys in Bellingham Widget

*NEW* Hot Buys Blidget for Bellingham

hot buys in Bellingham real estate

Always looking for new avenues to bring more information to consumers, I am now offering a Hot Buys Blidget for the Bellingham real estate market. I was inspired to create this blidget by Laura Monroe's post Create A Widget For Your Blog... How to from the WidgetBox! This new blog widget allows consumers to add my blog to their Google, myspace or facebook homepage. People can also simply subscribe to this new blog.

Hot buys in Bellingham

So why would consumers what to read this blog? Well... I am always going through the entire MLS and searching for the best all around deals in the Bellingham real estate market and I figured that I should be sharing this information with more consumers. At least 2 times a week I will be spend hours scouring the MLS looking for the best priced homes, condos & land that are currently available. This is a HUGE time saver for people looking for a great deal on real estate in Bellingham.

The biggest reason that I decided to launch this new blog is because the #1 question that I am asked by consumers is "Do you know of any good real estate deals?" The answer is YES, I do know of several good deals and here they are. So I now present to you the Hot Buys in Bellingham Blog.

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

Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

Search all Bellingham Condos and Bellingham Homes for Sale

Lakeridge Estates | Ferndale Neighborhoods | Ferndale, WA Real Estate

Lakeridge Estates Neighborhood in Ferndale, WA

Lakeridge Estates - Ferndale, WA

Lakeridge Estates is one of the newer neighborhoods in Ferndale, Washington with most of the homes being built in the late 90’s and early 2000’s. This neighborhood of about 50 homes maintains a set of CCR’s to protect the intergrity and values of all the properties located within. Located just north of Bellingham off the I-5, Lakeridge Estates offers easy access to all of Whatcom County and B.C. Canada.

Lakeridge Estates Neighborhood

One of Lakeridge Estates’ most popular features is Nubgaard Lake. Homeowners of Lakeridge Estates are permitted to enjoy the walking trails around this small lake. Some of the homes in this neighborhood also have views of the agriculture and Bellingham Bay off in the distance.

Over the course of 2007, 2 homes sold in the Lakeridge Estates Neighborhood sold. The average price per square foot of homes sold in this neighborhood for 2007 was $149. Currently, there are 5 homes for sale in the Lakeridge Estates Neighborhood.


$429,800 - 2560 Lakeridge Dr - Ferndale, WA home for sale

$429,900 - 2510 Lakeridge Dr - Ferndale, WA home for sale

$459,900 - 2598 Lakeridge Dr - Ferndale, WA home for sale

$489,000 - 5909 Ponderosa Ct - Ferndale, WA home for sale

$539,500 - 2572 Lakeridge Dr - Ferndale, WA home for sale


If you are interested in any of these homes, or would like to talk about the Lakeridge Estates Neighborhood in Ferndale, WA give me a call at 360-319-0040.

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

Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

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Pacificview Neighborhood | Bellingham Neighborhoods | Bellingham Real Estate

The Pacificview Neighborhood in Bellingham, WA

Pacificview Neighborhood | Bellingham Real Estate

Pacificview is a well established neighborhood in the City of Bellingham. Located at the top of Puget Hill, Pacificview sits at an elevation of 500’. This neighborhood offers very wide streets with sideways on both sides. The average lot size in Pacificview is nearly double the average lot size of 7,500 sq.ft. in Bellingham. Most of the homes in the Pacificview Neighborhood were built in the early 90’s. The Pacificview Neighborhood is well known for amazing Bellingham city and Bellingham bay views. This neighborhood also offers a lot green space as well as pre-designed walking trails.

Pacificview Neighborhood, Bellingham, WA

One important detail to pay attention to when purchasing a home in this neighborhood is the siding material of the homes. Nearly every home in Pacificview was originally sided in LP siding, which is a material known for failing. A lot of the homes have been resided, but this is something to pay attention to while home hunting.

Homes do not sell very often in Pacificview. With just over 100 homes in this Bellingham neighborhood, only 2 homes sold in 2007. Both homes were comparable in size and price. The average price of the 2 homes was $478,000. Currently, there is only one home on the market in the Pacificview Neighborhood.

See details about this Pacificview Neighborhood Bellingham Home.

If have any questions about the Pacificview Neighborhood, or any other Bellingham Neighborhood please contact me at 360-319-0040.

Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

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South Hills Neighborhood | Bellingham Real Estate

The South Hills Neighborhood in Bellingham, WA

South Hills Neighborhood

Located near Lake Padden, the South Hills neighborhood is great location in Bellingham. This neighborhood was originally developed in the late 1990’s with most of the homes being built in the early 2000’s. The South Hills neighborhood is often confused with the South Hill neighborhood because of the name. To clarify, the South Hill neighborhood is located between Fairhaven and Bellingham and features older homes with views of Bellingham Bay.

South Hills Neighborhood - Bellingham, WA

The South Hills neighborhood features contemporary Northwest style homes. In 2007, only 3 homes sold in the South Hills neighborhood. The average price of homes sold in 2007 was $440,000. The median price of homes sold in the city of Bellingham $315,000. The average size home sold was 2,290sq.ft. and the average lot size was ¼ acre.

Currently, there are 3 homes for sale in the South Hills Neighborhood. Click on the links for more details about these South Hills homes.

$469,900 1920 S Colby Ct. Bellingham, WA 98229

$479,000 1939 S Springfield Ct Bellingham, WA 98229

$495,000 1956 S Springfield Ct Bellingham, WA 98229

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

Your Bellingham Real Estate Professional | Bellingham Washington Real Estate

Search all Bellingham Condos and Bellingham Homes for Sale