The Bellingham Real Estate Blog » York http://www.johnsonteamrealestate.com/blog Real Estate & Community Info in Bellingham, WA Wed, 16 May 2012 18:01:59 +0000 en hourly 1 http://wordpress.org/?v=3.0 Bellingham’s York Neighborhood Real Estate Report http://www.johnsonteamrealestate.com/blog/index.php/2009/10/29/bellinghams-york-neighborhood-real-estate-report/ http://www.johnsonteamrealestate.com/blog/index.php/2009/10/29/bellinghams-york-neighborhood-real-estate-report/#comments Thu, 29 Oct 2009 18:01:55 +0000 Lylene http://www.johnsonteamrealestate.com/blog/?p=3745 September Real Estate Statistics for Bellingham’s York Neighborhood

September sales in Bellingham’s York Neighborhood doubled from August, from 2 to 4.  The median sale price was $229,000, up 3.9% from the prior month, but down from September of 2008.  There are currently 13 homes for sale in the York neighborhood, 6 of which were listed during September.  3 homes were under contract to sell as of the end of the month.  The number of homes sold and under contract in September relative to the number of homes for sale indicates a 4 month supply is available for sale as of the end of the month.  This is generally considered to be a balanced to slightly seller advantaged market.

The chart below shows changes in price and inventory in the York Neighborhood over the past 18 months.

Historic Median Price of Sold and Active Inventory in the York Neighborhoood

Historic Median Price of Sold and Active Inventory in the York Neighborhoood

 The following chart shows changes in the number of homes for sale and sold in the York Neighborhood over the past 18 months.

Historic Active Listins Compared to # of Homes Sold in the York Neighborhood

Historic Active Listings Compared to # of Homes Sold in the York Neighborhood

The York neighborhood traditionally has offered good housing for first time home buyers, and with a median price of $229,000, it seems this is still the case.  The neighborhood is bucking the trend toward declining inventory at the moment, with active listings on a rising curve since May.  This gives buyers more opportunity, which they are obviously taking, since the time on the market before a house goes under contract was just 20 days in September.
The York neighborhood is comprised primarily of small to mid-sized character homes on lots of approximately 5000 square feet.  It is conveniently located to both downtown and the freeway, with a park and an elementary school in the neighborhood.
If you would like more specific information on homes in the York neighborhood, don’t hesitate to contact us.  If you would like to know how your home anywhere in Whatcom County fits into the market, request a free online estimate of value.
If your neighborhood association would like a presentation on real estate activity in your neighborhood, we would be happy to make arrangements to meet with you.

For more information on Bellingham Real Estate or to search for homes in the Bellingham and Whatcom County area visit www.JohnsonTeamRealEstate.com, your one stop Bellingham real estate and community information resource!

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