The following is a quick analysis of the Residential Bellingham real estate market.
The Average Sales price is down 22.3% compared to September 08 and down 22.6% compared to the previous month August 09.
The Median Sales prices is down by 20.4% compared September 08 and down 25.0% compared to the previous August 09.
The number of sales is up by 11 compared to September 08 and down by 3 compared to the previous month August 09.
Condo Analysis for Bellingham
Average Condo sale price is down 6.8% from September 2008 and down 4.2% from the previous month - August 2009
Median Sales Price is down 6.9% from September 2008 and down 8.6% from the previous month - August 2009.
The number of sales is down by 9 compared to September 08 and up by 8 compared to the previous month August 09.
If you look at the graph you can see that prices took a bit of a dive in the residential market with a slighter decrease in the condo market. Where will the graph go next month is anybody's guess. Will the roller coaster ride of prices continue?........Tune in next month
Meanwhile interest rates are still extremely low and there are some great values in the Bellingham market right now. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
There is only a short window of opportunity left for the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.
If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981
Monday, October 5, 2009
Whatcom County Real Estate Market Report for September, 2009
The following is a quick analysis of the Whatcom County real estate market.
The Average Sales price is down 13.5% compared to September 08 and down 16.7% compared to last month.
The Median Sales prices is down 10.0% compared to September 08 and down 13.2% compared to last month.
The number of sales is up by 24 compared to September 08 and up by 26 compared to last month.
Condo Analysis for Whatcom County
The Average Sales price is down 5.6% compared to September 08, and up by 1.8% compared to last month.
The Median Sales prices is down by 12.6% compared to September 08 and down by 14.7% compared to last month.
The number of sales is down by 8 compared to September 08 and up by 5 compared to last month.
Meanwhile interest rates are still extremely low and there are some great values in the Whatcom County Real Estate market right now. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
There is only a short window of opportunity left for the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.
If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981
The following is a quick analysis of the Whatcom County real estate market.
The Average Sales price is up by $261 less than .1% compared to July 08 and up 11.2% compared to last month.
The Median Sales prices is down 8.8% compared to July 08 and down 2.8% compared to last month.
The number of sales is down by 7 compared to July 08 and up by 1 compared to last month.
Condo Analysis for Whatcom County
Currently Active Listings: 503The Average Sales price is down 9.2% compared to July 08, and down by 16.0% compared to last month.
The Median Sales prices is down by 8.8% compared to July 08 and down by 10.1% compared to last month.
The number of sales is down by 7 compared to July 08 and up by 13 compared to last month.
Meanwhile interest rates are still extremely low and there are some great values in the Whatcom County Real Estate market right now. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
There is only a short window of opportunity left for the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.
If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981
A fully restored version of the B-17 Flying Fortress, will be at the Bellingham International Airport from noon Friday, Aug. 14, to noon Monday, Aug. 17.
Public tours and flights in the Sentimental Journey, a B-17 will be hosted by the The Heritage Flight Museum, located at the airport,
The Flying Fortress,restored by the Arizona Wing of the Commemorative Air Force is well known for its bombing raids over Germany in World War II,.
Admission is free, a $5 donation to tour the plane is requested. Flights on the B-17 are available Saturday and Sunday for $425 per person,
Sentimental Journey stops in an average of 60 cities per year and is one of roughly 50 remaining B-17s in existence. It was built in November 1944.
The museum will be open to the public from noon to 5 p.m. Friday, 9 a.m. to 4 p.m. Saturday and Sunday and 9 a.m. to noon Monday.
All of the museum's collection of World War II, Korean War and Vietnam War era aircraft, as well as other memorabilia will also be on display.
Image by by Paul L. Nettles via flickr.com
There are currently 161 homes for sale.
The Average Sales price is down 16.1% compared to July 08 and up 3.9% compared to June 09.
The Median Sales prices is down 8.9% compared to July 08 and down .6% compared to June 09.
The number of sales is down by 8 compared to July 08 and is down by 1 compared to last month June 09.
Condo Analysis for Lynden
The Average Sales price is up 8.5% compared to July 08 and down 24.8% compared to June 09.
The Median Sales prices is up 0.1% compared to July 08 and up 25.3% compared to June 09.
The number of sales is equal to July 08 and is down by 1 compared to last month June 09.
I know that well-informed clients make better decisions for themselves and their families. I want to help educate you. This helps me build strong, life long relationships with my clients.
Welcome to my profile which will guide you to the beauty of Bellingham and it's surrounding areas as well as provide you with information about Bellingham Real Estate, and what is presently available here in residential, condo, commercial and investment real estate. Search the MLS to find your new home in Bellingham or anywhere else in Whatcom and Skagit Counties.
I focus on my clients needs and takes care of them before, during and after their transaction closes. I believe in excellent customer service and helping my clients find the best professionals to help them with their real estate transaction.
I have been a Realtor® since 2000. I have lived in and around Bellingham since 1974, so I know the area and Bellingham Real Estate very well. My background is a mix of many things that have gotten me to this point in my career. I have been a self employed entrepreneur for more than 20 years. Most recently before becoming a Realtor I have been a nationally recognized teacher of Thai Massage.
Bellingham is at the heart of Whatcom County. It is an area of unparralled beauty and abundant recreational oppurtunities. I have travelled and lived in many parts of the world and I am always amazed at the beauty of this area on returning from anywhere on the planet. The city with a smalltown feel sits on Bellingham Bay, with Mt Baker to the east and the San Jaun Islands to the west. We are within a short drive of Seattle to the south and Vancouver B.C. to the north. Many homes in Bellingham Have spectacular views of the Bay and Islands as well as Lake Whatcom. Real Estate values here are on the rise, but still a bargain compared to many other desireable places to live.
Ferndale is a smaller town 15 minutes north of Bellingham that is surrounded by farmland. It is a fast-growing community with many homes featuring spectacular views of Mt. Baker. The town sits on the edge of the Nooksack River and has easy access to several of Whatcom County's premier parks. Blaine is a small town just below the Canadian border. It is the closest US town to 2010 Winter Olympics in Vancouver which is only half hour away. Peace Arch State Park is spanning the US Canadian border and providing a reminder of peace between our two countries for over two centuries. Blaine sits on Boundary Bay with Semiahmoo Bay actually closest to Blaine which has recently built a new boardwalk for people to stroll along the water. Being a border town Blaine has a very colorful history. Birch Bay is a beautiful community located on the water well know for it's miles of beaches. It is growing fast, what used to be a resort area now has many full-time residents. It is well known for its good crabbing and clamming. It's actually part of Blaine. Birch Bay State Park is popular camping spot. Lynden is a small town with strong Dutch heritage. It is situated just south of the Canadian border east of Blaine. The town features a 72 foot tall windmill with moving blades. Lynden is surrounded by farmland many with spectacular views of Mt. Baker. There are lots of dairy as well as many berry farms in the area. Everson and Nooksack are small communities located in the north of Whatcom County. Surrounded by farmland there are many places here with beautiful views of Mount Baker and a short drive to Bellingham or Canada. Sumas is very small city in the north of Whatcom County with a population of just over 1000 people, across the Canadian border from Abbotsford B.C. a large city of over 100,000 people. Deming is about 10 miles east of Bellingham on the road to Mount Baker. Maple Falls and Glacier are the last towns before Mount Baker and are popular resort destinations for skiers in winter and hikers in the summertime. Lummi Island is one of the gems of the San Juans. It is serviced by a small ferry that takes about 10 minutes to cross and runs at least once an hour. It is a rural island with unspoiled natural beauty. There are no parks, campsites or commercialization, it is quiet getaway. Sudden Valley is a community along the shores of Lake Whatcom located ten minutes east of Bellingham.
We appreciated Michael's efforts in pricing our home right, and keeping right on it when it came to showing it and getting interested generated. His firm also made sure we got plenty of "print" expose weekly to generate interest as well. We sold pretty quickly!
We would recommend listing with Michael to anyone!
The Weinberg's
I sure appreciate your perservernce and diligence helping get my very challanging property sold. Thanks
Robb McGregor
I highly recommend Michael Eisenberg as a real estate agent. I have worked with him on several purchase and sale transactions and all has gone very smoothly. Recently Michael successfully sold my home during the slow market in early spring 2007, getting a full price offer! Michael employed every possible marketing technique available. The marketing materials were excellent. Michael is great to work with, always available for questions, and I recommend him without any reservations.
Jamie Moore
We want to thank-you for the great job in helping us complete the
purchase of our new home. Your attention to the details of the completion
was very professional and quick. It has been a very easy and enjoyable
transaction and we would have no hesitation to do business with you again in
the future and to refer you to other clients. We wish you all the very
best.
Kip & Gaylene Bergan
Michael helped us accomplish what seemed to be 'impossible'-finding a
reasonably price home in Bellingham in a great neighborhood that met all our
requirements. He worked with us with patience and diligence for over one
year, emailing and calling us with updates as potential homes came on the
market. We toured over 50 homes together. He seemed to understand how
important it was for us to find a home that really fit our needs. We never
felt pressured to settle for something less than what we were dreaming
about. Michael not only proved to us what a real professional he is, we
also made a friend in the process. We couldn't recommend him more highly.
Tiana Melquist and Norman Stolzoff
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