Bellingham Condo update for Feb 10th - Feb 16th

Posted Feb 25, 2008 @ 12:53 pm, Viewed by 726 Visitors, Read 774 Times.

Bellingham Condo Market Update for Feb 10th - Feb 16th

This week in the Bellingham condo market we noticed a significant upward shift in activity. While only 5 new listings came on the market, 13 condos pended and 10 closed. The average price of the new condos was $329,080 (265/sq.ft) with a median price of $274,500 ($235/sq.ft.). There are currently 266 condos on the market in Bellingham.

Bellingham Pending Condos

7 of the 13 pending condos this week were in Darby Estates. The average price of the Darby Estates condos was $194,281 (138/sq.ft). The average price of the total condos pending in Bellingham this week was $225,213 ($170/sq.ft.) with a median price of $192,995 ($137/sq.ft.)

Bellingham Sold Condos

There were also 10 closed sales this week in the Bellingham condo market. The average listing price was $259,158 ($217/sq.ft.) and the average closed price was $258,300 ($216/sq.ft.). The condos managed to hold their 99.6% of the listing price.

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

Windermere Bellingham | Bellingham real estateBellingham condos

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RyanRE Ryan Martin is a residential real estate agent with Windermere Real Estate/Whatcom, Inc. In Bellingham, Washington. Ryan is a technologically savvy agent with over 6 years of real estate experience. Read More

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