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The Village of Nooksac, which is a Himalaya Homes development in NookSac, greatly impacted the numbers above because the statistics mostly reflect the new homes in this developement. While prices dramatically decreased in the development, the number of home sales increased significantly, which means they were priced right. Good job on the pricing & marketing Mike Swanson of the Muljat Group!
Tara is a full time real estate consultant in Whatcom & Skagit Counties. As a marketing specialist
she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better
return on your money by buying right in this market. Tara can help you analyze properties based
on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar
with the nuances of these transactions. Whatever you need/goals in todays market, find a good
agent to help, educate, & empower you.
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Although the number of new construction homes decreased in Ferndale in 09' the prices have declined over 12% and the number of days on market has increased dramatically. Closed sales are down over 40%, which could also impact future prices.
Tara is a full time real estate consultant in Whatcom & Skagit Counties. As a marketing specialist she helps clients sell quicker with strategic pricing and aggressive marketing. Buyers, gain a better return on your money by buying right in this market. Tara can help you analyze properties based on your goals and exit strategy. She specializes in bank owned homes & short sales, and is familiar with the nuances of these transactions. Whatever you need/goals in todays market, find a good agent to help, educate, & empower you.
Sudden Valley Market Statistics
The Sudden Valley Market has seen fewer new home listings in 09' compared to 08', this is most likely a result of sellers holding off on putting their property on the market in hopes of the market improving, however, Sudden Valley has seen a decline of about 8.5% in home values since 08'. If you're looking to sell, pricing is key, price your property strategically based on your competition. The Sudden Valley market decline & the 1st time home buyer tax credit has brought more buyers into the market place with a few more sales in 09' than 08', although days on market for the area is about 15 days longer.
Tara is a full time real estate consultant & marketing specialist in Bellingham. As a buyer's agent she specializes in finding under-valued properties: good deals, bank owned real estate, short sales, motivated sellers, etc. As a Seller's agent, your home will reach millions of buyers via internet, virtual tours, and target marketing in order to sell your property in the least amount of time for fair market value. She is well versed in real estate values, finance, and negotiation. Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.
Edgemoor Neighborhood Market Statistics - Bellingham Real Estate
The Edgemoor neighborhood market statistics for October reflect the active, pending, & sold homes in the Edgemoor area of the 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 Edgemoor neighborhood, 5 homes that are pending (under contract with mutual acceptance b/t buyer & seller), & 1 property that has been sold during the month of October 09' in the Edgemoor neighborhood in Bellingham, WA.
Here's a breakdown of the activity in the Edgemoor Neighborhood for the past month.
Edgemoor Neighborhood Homes for Sale - (*links will expire in 30 days)
Edgemoor Neighborhood Pending Sales - (*links will expire in 30 days)
Edgemoor Neighborhood Sold Homes - October 09' (*links will expire in 30 days)
I include the Edgemoor 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 Edgemoor Neighborhood in the last 18 months.*
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.
Edgemoor Neighborhood Residential Statistics
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October |
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Active Listings |
13 |
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Pending Sales |
5 |
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Homes sold in the last 30 days |
1 |
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Absorption Rate |
13 Months |
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Activity Index |
2.5 Months |
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Average SP % LP |
91.07 % |
Tara is a full time Realtor in Bellingham, WA. As a buyer's agent she specializes in finding you under-valued properties: good deals, bank owned real estate, short sales, estate sales, etc. As a Seller's agent your home will reach millions of buyers via internet, virtual tours, and target marketing to buyers looking to buy a property like yours. She is well versed in real estate values, finance, and negotiation. Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.
Whatcom County Market Statistics for October 09'
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As you can see from the charts here, sales in Whatcom County year-over-year are down around 9% compared to last year. Inventory of homes is low, which increases demand and helps to stabilize prices a bit, but as you can see prices are around 7% lower year-over-year. Although inventory is low, it could be due to more competitive pricing and the feeding frenzy created by the previous 1st time tax credit deadline. None-the-less low inventory creates demand which leads to faster stabilization.
Thanks for viewing my statistics. If you have recommendations, like or dislike the blog, please feel free to comment. I appreciate your feedback!
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.
In today's real estate market, it's important to have an agent that understands Bellingham's real estate market, as well as, financing programs & buyer and seller incentives. As your agent, my objective is to see you through a profitable, stress free transaction by knowing the market and providing you with great customer service. I will provide you with knowledge of the industry including information on bank owned real estate, short sale properties, & lease options. Our real estate market has changed, has your agent? Buying/Selling a home is one of the largest financial decisions you'll make during your lifetime, make sure you know your options!
My focus in today's market is Bank Owned properties, Preforeclosures, Seller Financed Properties, and Lease Options. Finding undervalued properties is like a treasure hunt & it's what I love about the business. Let me help you search out the next good deal. Whether you're looking to relocate, invest, or buy your first home give me a call to help with the process.
Equally important to your home purchase is the mortgage product you couple with your new home. There are many available and I can help you choose the right one.
Bellingham Real Estate
- Bellingham Real Estate - Bank Owned - under $199K - New Listings - Short Sales - $200 - $399K - Salt Waterfront - Lease Options - $400 - $599K - Lakefront - Multi-Family - $600 - 1Million - Luxury Homes - Condos - $1 Million + - Presale & Construction - Agricultural - Rentals - Manufactured Homes - Vacant Land
Ferndale Real Estate
- Ferndale Real Estate - Bank Owned - under $199K - New Listings - Short Sales - $200K - $399K - Salt Waterfront - Lease Options - $400K - $599K - Lakefront - Multi-Family - $600K - 1Million - Luxury Homes - Condos - $1 Million + - Presale & Construction - Agricultural - Rentals - Manufactured Homes - Vacant Land
Blaine & Birch Bay Real Estate
- Blaine Real Estate
- Bank Owned
- under $199K
- New Listings
- Short Sales
- $200K - $399K
- Waterfront
- Lease Options
- $400K - $599K
- Luxury Homes
- Multi-Family
- $600K - 1Million
- Presale & Construction
- Condos
- $1 Million +
- Manufactured Homes
- Agricultural
- Rentals
- Vacant Land
Lynden Real Estate
- Lynden Real Estate
- Bank Owned
- under $199K
- New Listings
- Short Sales
- $200K - $399K
- Waterfront
- Lease Options
- $400K - $599K
- Manufactured Homes
- Multi-Family
- $600K - 1Million
- Luxury Homes
- Condos
- $1 Million +
- Presale & Construction
- Agricultural
- Rentals
Everson Real Estate
- Everson Real Estate
- Bank Owned
- under $199K
- New Listings
- Short Sales
- $200k - $399K
- Manufactured Homes
- Lease Options
- $400k - $599K
- Waterfront
- Multi-Family
- $600k - 1Million
- Luxury Homes
- Condos
- $1 Million +
- Presale & Construction
- Agricultural
- Rentals
- Vacant Land
- Vacant Land
Want a custom Neighborhood Market Review?...give me a call or shoot me an email.
360-296-3244 or tara@taracamprealestate.com
I am an outdoor enthusiast! When I'm not eating, drinking, and breathing real estate I enjoy being surrounded by nature, getting physical. I can be found on a bike on Galbraith mountain, the inner urban trails of Bellingham, and biking up and down neighborhoods, checking out homes.
When it's cold and raining you can find me in one of the many terrific coffee shops around town reading or surfing. On a more adventureous day, I'll be found testing the snow conditions on Mt. Baker.
And when I have time to take tropical vacations I love to go on long cruises touring the world by boat, or going to Costa Rica to hit up some good surf. Boy, am I overdue!
My Community Associations:
Education Relating to Real Estate:
400+ hours of various training, taught by over 30+ instructors including but not limited to:
Testimonials
"Great.. I have to tell you. You have been one of the most "on the ball" realtors' I have worked with. Your quick, diligent, accurate, and most of all, you understand what economic state we're all in. It's been a real delight and I'm hoping that we can continue this relationship and make other deals." B. Anderson
"One thing that set's Tara apart from other real estate agents, is that she was predicting and advising her clients that prices were still dropping and would drop significantly further when virtually all other agents were saying we've hit bottom and prices were ready to appreciate again. This gave me confidence that Tara wasn't trying to rush me into the market by raising my expectations beyond reality as so many agents have done these last several years. She helped me find my dream property at a price I believe reflects market conditions as they will be over the typical irrational exuberance, even despite the recent economic turmoil. Additionally, she's laid back yet diligent about staying in contact. She's all this on top of being a real pleasure to meet for property tours or just signing some paper work at the local ice cream shop. I hope to be fortunate enough to work with Tara Camp again in the future." J. Kraus
Tara was an awesome real estate agent. We found Tara on the Internet as we had just moved up here and did not know many real estate agents. Tara made me feel comfortable from the beginning and I never felt pressured to rush. We worked with her for about 8 months before we saved enough and were able to find what we were looking for. During the buying process she was always calm and positive and with her help we found a house that fit us and we love! I would highly recommend Tara Camp to anyone looking to buy. B. West and D. Robbins
"Thanks so much for all the work you've done in helping us relocate. Moving to a new area is very stressful, but with the work you've done for us you've eliminated a lot of the stress. " M. & D. Gibson
"Although we didn't qualify for a home this go round, Tara has helped me get my ducks in a row, so that within 6 months we'll be able to buy our first home." S. Smothers
"Thank you so much. you are truly a God send to us. This will make our move so much easier if we can get everything in line before hand." T. Kimmer
"Thanks, Tara...this has been a learning experience for me. I appreciate the info you've given me." J. Carrie
"Thank you for all your hard work in helping us secure our home in Glenhaven. We did have access to the Internet and all the search engines for homes it provides. But we still needed a real estate expert to work with the seller, finance company, legal matters, inspections, home improvements, etc. You have made the process as smooth as possible. I will recommend your services to any one interested in buying or selling real estate". B. Albert
"Tara, You were choosen to be our realtor because you were warm friendly. You did not push anything on us. You would always go the extra mile, and even spent a whole day with us looking for homes. You are very special and really care about your clients. You are more like one of the family than someone trying to make a sale. You were very attentive and would always listen to us. I can't wait to start remodeling, You will be the first one we call." K. Albert
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