Whatcom Home Stats: Bellingham Market Statistics - New Construction

Bellingham Market Statistics - New Construction

Bellingham Market Statistics for October '09 - New Construction Residential

The number of Bellingham newly constructed residential units to hit the market has shrank to nearly half it's size year-over-year, as far as newly listed homes.  For those currently active this year compared to last, there are only 41 units available compared to 57 this time last year.  This could be a sign of stabilization as lower inventory means higher demand, however, I wouldn't venture to say we've hit bottom.  Prices of these newly constructed units, have decline around 11% year-over-year.

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 today's market, find a good agent to help, educate, & empower you.


Learn more about the 1st time Home buyers tax credit extension & expansion for current home owners(1st time doesn't really mean 1st time)


Comment balloon 0 commentsTara Camp • November 27 2009 11:08PM