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	<title>Bellingham Real Estate</title>
	<atom:link href="http://bellinghamrealestate.wordpress.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://bellinghamrealestate.wordpress.com</link>
	<description>A blog about Real Estate in Bellingham and Whatcom County</description>
	<pubDate>Mon, 21 Jul 2008 17:36:06 +0000</pubDate>
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	<language>en</language>
			<item>
		<title>Absorbtion Rates for Bellingham July-21-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/21/absorbtion-rates-for-bellingham-july-21-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/21/absorbtion-rates-for-bellingham-july-21-08/#comments</comments>
		<pubDate>Mon, 21 Jul 2008 17:36:06 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=193</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $523,174  Days on the market 107</p>
<p>Median List Price $383,500 Days on the market 73</p>
<p>The NWMLS changed some of their categories around so their are now 4 categories of pending listings, including pending inspection, which previously was Active subject to inspection, so the stats will vary a bit for this week but not really by much and it doesn&#8217;t really seem to affect the numbers much except their are lots more pending sales this past week.</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">27</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">7.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">181</p>
</td>
<td width="17%">
<p align="center">37.2</p>
</td>
<td width="18%">
<p align="center">14</p>
</td>
<td width="24%">
<p align="center">4.9</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">151</p>
</td>
<td width="17%">
<p align="center">22.6</p>
</td>
<td width="18%">
<p align="center">10</p>
</td>
<td width="24%">
<p align="center">6.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">90</p>
</td>
<td width="17%">
<p align="center">12.1</p>
</td>
<td width="18%">
<p align="center">3</p>
</td>
<td width="24%">
<p align="center">7.4</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">54</p>
</td>
<td width="17%">
<p align="center">4.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">12.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">42</p>
</td>
<td width="17%">
<p align="center">3.3</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">12.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">30</p>
</td>
<td width="17%">
<p align="center">1.7</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">17.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">17</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">9.4</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">15</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">18.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">43</p>
</td>
<td width="17%">
<p align="center">1.2</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">35.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">8</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">80</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">658</p>
</td>
<td width="17%">
<p align="center">88.9</p>
</td>
<td width="18%">
<p align="center">32</p>
</td>
<td width="24%">
<p align="center">7.4</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		</item>
		<item>
		<title>Absorbtion Rates for Bellingham July-14-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/14/absorbtion-rates-for-bellingham-july-14-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/14/absorbtion-rates-for-bellingham-july-14-08/#comments</comments>
		<pubDate>Tue, 15 Jul 2008 00:07:21 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=192</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $515,012  Days on the market 106</p>
<p>Median List Price $375,000 Days on the market 68</p>
<p>The NWMLS changed some of their categories around so their are now 4 categories of pending listings, including pending inspection, which previously was Active subject to inspection, so the stats will vary a bit for this week but not really by much and it doesn&#8217;t really seem to affect the numbers much except their are lots more pending sales this past week.</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">26</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">6.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">189</p>
</td>
<td width="17%">
<p align="center">37.2</p>
</td>
<td width="18%">
<p align="center">15</p>
</td>
<td width="24%">
<p align="center">5.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">153</p>
</td>
<td width="17%">
<p align="center">22.6</p>
</td>
<td width="18%">
<p align="center">6</p>
</td>
<td width="24%">
<p align="center">6.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">88</p>
</td>
<td width="17%">
<p align="center">12.1</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">7.2</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">57</p>
</td>
<td width="17%">
<p align="center">4.3</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">13.2</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">41</p>
</td>
<td width="17%">
<p align="center">3.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">12.4</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">27</p>
</td>
<td width="17%">
<p align="center">1.7</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">15.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">18</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">10.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">13</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">16.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">45</p>
</td>
<td width="17%">
<p align="center">1.2</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">36.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">7</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">70</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">664</p>
</td>
<td width="17%">
<p align="center">88.9</p>
</td>
<td width="18%">
<p align="center">29</p>
</td>
<td width="24%">
<p align="center">7.5</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		</item>
		<item>
		<title>Absorbtion Rates for Bellingham July-7-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/07/absorbtion-rates-for-bellingham-july-7-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/07/absorbtion-rates-for-bellingham-july-7-08/#comments</comments>
		<pubDate>Mon, 07 Jul 2008 19:44:28 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=191</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $521,854 Days on the market 105</p>
<p>Median List Price $379,000 Days on the market 67</p>
<p>The NWMLS changed some of their categories around so their are now 4 categories of pending listings, including pending inspection, which previously was Active subject to inspection, so the stats will vary a bit for this week but not really by much and it doesn&#8217;t really seem to affect the numbers much except their are lots more pending sales this past week.</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">24</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">3</p>
</td>
<td width="24%">
<p align="center">6.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">187</p>
</td>
<td width="17%">
<p align="center">37.2</p>
</td>
<td width="18%">
<p align="center">14</p>
</td>
<td width="24%">
<p align="center">5.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">147</p>
</td>
<td width="17%">
<p align="center">22.6</p>
</td>
<td width="18%">
<p align="center">5</p>
</td>
<td width="24%">
<p align="center">6.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">84</p>
</td>
<td width="17%">
<p align="center">12.1</p>
</td>
<td width="18%">
<p align="center">6</p>
</td>
<td width="24%">
<p align="center">6.9</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">53</p>
</td>
<td width="17%">
<p align="center">4.3</p>
</td>
<td width="18%">
<p align="center">3</p>
</td>
<td width="24%">
<p align="center">12.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">43</p>
</td>
<td width="17%">
<p align="center">3.3</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">13.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">30</p>
</td>
<td width="17%">
<p align="center">1.7</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">17.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">18</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">10.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">12</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">15.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">44</p>
</td>
<td width="17%">
<p align="center">1.2</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">36.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">8</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">80</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">650</p>
</td>
<td width="17%">
<p align="center">88.9</p>
</td>
<td width="18%">
<p align="center">36</p>
</td>
<td width="24%">
<p align="center">7.3</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		<item>
		<title>Whatcom County Real Estate Market Report for June 2008</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/07/whatcom-county-real-estate-market-report-for-june-2008/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/07/whatcom-county-real-estate-market-report-for-june-2008/#comments</comments>
		<pubDate>Mon, 07 Jul 2008 19:13:26 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=189</guid>
		<description><![CDATA[Real Estate Market Report/Conditions for Whatcom County,WA for June, 2008
The following is a quick analysis of the Residential Whatcom County real estate market.

Currently Active Listings: 1797 
Average List Price $454,525    Days on the Market:  110
Median List Price: $349,900   Days on the Market:   74
Sold in June: 190
Average List Price: $361,272 
Average Sales Price: $351,727 
Ratio of List to Price: 97.4%    Days on the Market: 87
Median ListPrice: $299,950 
Median Sales Price: $292,000    Days [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><strong>Real Estate</strong> Market Report/Conditions for <strong>Whatcom County,WA</strong> for June, 2008</p>
<p>The following is a quick analysis of the <strong>Residential <a href="http://bellinghamproperty.com/" target="_blank">Whatcom County</a></strong><a href="http://bellinghamproperty.com/" target="_blank"> <strong>real estate</strong></a> market.</p>
<ul>
<li>Currently Active Listings: <strong>1797</strong> </li>
<li>Average List Price <strong>$454,525  </strong>  Days on the Market: <strong> 110</strong></li>
<li>Median List Price: <strong>$349,900  </strong> Days on the Market:   <strong>74</strong></li>
<li>Sold in June: <strong>190</strong></li>
<li>Average List Price: <strong>$361,272 </strong></li>
<li>Average Sales Price: <strong>$351,727 </strong></li>
<li>Ratio of List to Price: <strong>97.4%</strong>    Days on the Market: <strong>87</strong></li>
<li>Median ListPrice: <strong>$299,950 </strong></li>
<li>Median Sales Price: <strong>$292,000 </strong>   Days on the Market: <strong>58</strong></li>
<li>Ratio of List to Price: <strong>97.7%</strong></li>
<li>Pending Sales Last Week: <strong>71</strong></li>
</ul>
<p>  <strong>Condo Analysis for Whatcom County</strong></p>
<ul>
<li>Currently Active Listings: <strong>502</strong></li>
<li>Average List Price <strong>$283,467 </strong>    Days on the Market:  <strong>176</strong></li>
<li>Median List Price <strong>$219,500</strong>  Days on the Market:  <strong>104</strong></li>
<li>Sold in June: <strong>40</strong></li>
<li>Average List Price: <strong>$232,650 </strong></li>
<li>Average Sales Price: <strong>$223,620 </strong>Days on the Market: <strong>133</strong></li>
<li>Ratio of List to Price: <strong>96.9% </strong></li>
<li>Median List Price: <strong>$189,450 </strong></li>
<li>Median Sales Price: <strong>$188,950 </strong>  Days on the Market: <strong>75</strong></li>
<li>Ratio of List to Price: <strong>94.2%</strong></li>
<li>Pending Sales Last Week: <strong>9</strong></li>
</ul>
<p><strong>Buyers:</strong>Interest rates are still low making now is a good time to get in the market. There are still plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes. More homes will most likely be coming on the market in the coming months as spring and summer arrive.</p>
<p><strong>Sellers:</strong> There is still a lot of competition right now and if you don&#8217;t want your home to sit on the market without an offer here are a few bits of advise:</p>
<ul>
<li>The most important thing you can do is <strong>price your home right</strong>, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale</li>
<li>Have a <strong>pre-inspection</strong> done to your home and fix any problems</li>
<li>Give your home <strong>curb appeal</strong></li>
<li>Offer a <strong>Home Warranty</strong> if it is an older home</li>
<li>Get rid of clutter, start clearing out your things, even if you have to put them in storage.</li>
<li>Think about staging your home, get advise from a staging professional or at least your agent.</li>
</ul>
<p>If you would like some info about  Whatcom County or <a href="http://bellinghamproperty.com/" target="_blank">Bellingham real estate</a> or living in Whatcom County or Bellingham visit my website at BellinghamProperty.com or give me a call.</p>
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		<title>Sudden Valley Real Estate Market Report for June 2008</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/07/sudden-valley-real-estate-market-report-for-june-2008/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/07/sudden-valley-real-estate-market-report-for-june-2008/#comments</comments>
		<pubDate>Mon, 07 Jul 2008 19:12:36 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=188</guid>
		<description><![CDATA[Real Estate Market Report/Conditions for Sudden Valley,in Bellingham WA for June, 2008
The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.
There are currently 146 homes for sale. Homes are priced from $169,000 - $1,299,000

Average Asking Price is $355,505 
Average Days on Market are 112days (or about 3 1/2 months) 
Median Asking Price is $332,667 
Median Days on Market are 77 [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><strong><strong>Real Estate</strong> Market Report/Conditions for <strong>Sudden Valley,</strong>in Bellingham <strong>WA</strong> for June, 2008</strong></p>
<p>The following is a quick analysis of the <strong>Residential </strong><strong>Bellingham</strong> <strong>real estate</strong> market in <strong><em>Sudden Valley</em></strong>.</p>
<p>There are currently <strong>146 homes for sale</strong>. Homes are priced from <strong>$169,000 - $1,299,000</strong></p>
<ul>
<li>Average Asking Price is <strong>$355,505</strong> </li>
<li>Average Days on Market are <strong>112days</strong> (<em>or about 3 1/2 months</em>) </li>
<li>Median Asking Price is <strong>$332,667 </strong></li>
<li>Median Days on Market are <strong>77 days</strong></li>
<li><strong>3 </strong>Homes went Pending this week</li>
<li><strong>8 </strong>Homes sold in June</li>
<li>Average Listing Price <strong>$297,788 </strong></li>
<li>Average Sold Price <strong>$281,313 </strong></li>
<li>Average Days on the Market <strong>97</strong></li>
<li>Median Listing Price <strong>$275,000 </strong></li>
<li>Median Sold Price <strong>$256,250 </strong></li>
<li>Median Days on Market <strong>71</strong></li>
</ul>
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		<item>
		<title>Bellingham Real Estate Market Report for June, 2008</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/07/07/bellingham-real-estate-market-report-for-june-2008/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/07/07/bellingham-real-estate-market-report-for-june-2008/#comments</comments>
		<pubDate>Mon, 07 Jul 2008 19:11:19 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=187</guid>
		<description><![CDATA[Real Estate Market Report/Conditions for Bellingham, WA for J:une, 2008
The following is a quick analysis of the Residential Bellingham real estate market.


Currently Active Listings: 656
Price range of active listings - $160,000 - $3,9000,000
Average List Price $521,188   Days on the Market:  102
Median List Price: $381,450  Days on the Market:   65
Sold in June: 98
Average List Price: $412,111 
Average Sales Price: $404,082
Ratio of List to Price: 98.1%    Days [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="font-size:small;font-family:Times New Roman;"><strong>Real Estate</strong> Market Report/Conditions for <strong>Bellingham,</strong> <strong>WA</strong> for J:une, 2008</p>
<p>The following is a quick analysis of the <strong>Residential <a href="http://bellinghamproperty.com/" target="_blank">Bellingham</a></strong><a href="http://bellinghamproperty.com/" target="_blank"> <strong>real estate</strong></a> market.</p>
<p><strong></strong></p>
<ul>
<li>Currently Active Listings: <strong>656</strong></li>
<li>Price range of active listings<strong> - $160,000 - $3,9000,000</strong></li>
<li>Average List Price <strong>$521,188</strong>   Days on the Market: <strong> 102</strong></li>
<li>Median List Price: <strong>$381,450</strong>  Days on the Market:   <strong>65</strong></li>
<li>Sold in June: <strong>98</strong></li>
<li>Average List Price: <strong>$412,111 </strong></li>
<li>Average Sales Price: <strong>$404,082</strong></li>
<li>Ratio of List to Price: <strong>98.1%</strong>    Days on the Market: <strong>72</strong></li>
<li>Median ListPrice: <strong>$339,450</strong></li>
<li>Median Sales Price: <strong>$337,725</strong>   Days on the Market: <strong>39</strong></li>
<li>Ratio of List to Price: <strong>98.6%</strong></li>
<li>Pending Sales Last Week: <strong>43</strong>   The NWMLS has changed the way they define pending last week</li>
</ul>
<p>   <strong>Condo Analysis for Bellingham</strong></p>
<ul>
<li>Currently Active Listings: <strong>331</strong></li>
<li>Price range of active listings<strong> - $116,000 - $1,675,000</strong></li>
<li>Average List Price <strong>$280,813</strong> Days on the Market:  <strong>194</strong></li>
<li>Median List Price <strong>$219,500 </strong>    Days on the Market: <strong>101</strong></li>
<li>Sold in June: <strong>32</strong></li>
<li>Average List Price: <strong>$254,774 </strong></li>
<li>Average Sales Price: <strong>$244,139    </strong>Days on the Market: <strong>141</strong></li>
<li>Ratio of List to Price: <strong>95.8% </strong></li>
<li>Median List Price: <strong>$189,900 </strong></li>
<li>Median Sales Price: <strong>$189,900    </strong> Days on the Market: <strong>76</strong></li>
<li>Ratio of List to Price: <strong>100%</strong></li>
<li>Pending Sales Last Week: <strong>6</strong></li>
</ul>
<p><strong>Buyers: </strong>Interest rates are still low making now is a good time to get in the market. There are still plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes. More homes will most likely be coming on the market in the coming months as spring and summer arrive.</p>
<p><strong>Sellers:</strong> There is still a lot of competition right now and if you don&#8217;t want your home to sit on the market without an offer here are a few bits of advise:</p>
<ul>
<li>The most important thing you can do is <strong>price your home right</strong>, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale</li>
<li>Have a <strong>pre-inspection</strong> done to your home and fix any problems</li>
<li>Give your home <strong>curb appeal</strong></li>
<li>Offer a <strong>Home Warranty</strong> if it is an older home</li>
<li>Get rid of clutter, start clearing out your things, even if you have to put them in storage.</li>
<li>Think about staging your home, get advise from a staging professional or at least your agent.</li>
</ul>
<p>If you would like some info about <a href="http://bellinghamproperty.com/" target="_blank">Bellingham real estate</a> or living in Bellingham visit my website at BellinghamProperty.com or give me a call. </p>
<p> </p>
<p></span></p>
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		<item>
		<title>Absorbtion Rates for Bellingham June-30-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/06/30/absorbtion-rates-for-bellingham-june-30-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/06/30/absorbtion-rates-for-bellingham-june-30-08/#comments</comments>
		<pubDate>Mon, 30 Jun 2008 19:09:57 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=185</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $525,452 Days on the market 106</p>
<p>Median List Price $389,000 Days on the market 68</p>
<p>The NWMLS changed some of their categories around so their are now 4 categories of pending listings, including pending inspection, which previously was Active subject to inspection, so the stats will vary a bit for this week but not really by much and it doesn&#8217;t really seem to affect the numbers much except their are lots more pending sales this past week.</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">22</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">5.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">193</p>
</td>
<td width="17%">
<p align="center">37.9</p>
</td>
<td width="18%">
<p align="center">15</p>
</td>
<td width="24%">
<p align="center">5.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">147</p>
</td>
<td width="17%">
<p align="center">24.1</p>
</td>
<td width="18%">
<p align="center">10</p>
</td>
<td width="24%">
<p align="center">6.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">87</p>
</td>
<td width="17%">
<p align="center">12.2</p>
</td>
<td width="18%">
<p align="center">4</p>
</td>
<td width="24%">
<p align="center">7.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">54</p>
</td>
<td width="17%">
<p align="center">4.5</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">12.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">43</p>
</td>
<td width="17%">
<p align="center">2.6</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">16.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">38</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">21.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">20</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">11.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">12</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">15.0</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">45</p>
</td>
<td width="17%">
<p align="center">1.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">34.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">8</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">80</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">669</p>
</td>
<td width="17%">
<p align="center">90.9</p>
</td>
<td width="18%">
<p align="center">34</p>
</td>
<td width="24%">
<p align="center">7.4</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		<item>
		<title>Absorbtion Rates for Bellingham June-23-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/06/23/absorbtion-rates-for-bellingham-june-23-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/06/23/absorbtion-rates-for-bellingham-june-23-08/#comments</comments>
		<pubDate>Mon, 23 Jun 2008 23:39:35 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=183</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $507,635 Days on the market 103</p>
<p>Median List Price $375,000 Days on the market 63</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">26</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">6.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">221</p>
</td>
<td width="17%">
<p align="center">37.9</p>
</td>
<td width="18%">
<p align="center">6</p>
</td>
<td width="24%">
<p align="center">5.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">151</p>
</td>
<td width="17%">
<p align="center">24.1</p>
</td>
<td width="18%">
<p align="center">6</p>
</td>
<td width="24%">
<p align="center">6.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">103</p>
</td>
<td width="17%">
<p align="center">12.2</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">8.4</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">52</p>
</td>
<td width="17%">
<p align="center">4.5</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">11.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">40</p>
</td>
<td width="17%">
<p align="center">2.6</p>
</td>
<td width="18%">
<p align="center">2</p>
</td>
<td width="24%">
<p align="center">15.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">36</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">20</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">20</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">11.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">13</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">16.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">43</p>
</td>
<td width="17%">
<p align="center">1.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">33.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">7</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">80</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">712</p>
</td>
<td width="17%">
<p align="center">90.9</p>
</td>
<td width="18%">
<p align="center">21</p>
</td>
<td width="24%">
<p align="center">7.8</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		<item>
		<title>Absorbtion Rates for Bellingham June-16-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/06/16/absorbtion-rates-for-bellingham-june-16-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/06/16/absorbtion-rates-for-bellingham-june-16-08/#comments</comments>
		<pubDate>Tue, 17 Jun 2008 00:06:08 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=182</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $503,999 Days on the market 105</p>
<p>Median List Price $379,450 Days on the market 69</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">22</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">5.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">215</p>
</td>
<td width="17%">
<p align="center">37.9</p>
</td>
<td width="18%">
<p align="center">11</p>
</td>
<td width="24%">
<p align="center">5.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">147</p>
</td>
<td width="17%">
<p align="center">24.1</p>
</td>
<td width="18%">
<p align="center">3</p>
</td>
<td width="24%">
<p align="center">6.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">100</p>
</td>
<td width="17%">
<p align="center">12.2</p>
</td>
<td width="18%">
<p align="center">3</p>
</td>
<td width="24%">
<p align="center">8.2</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">53</p>
</td>
<td width="17%">
<p align="center">4.5</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">11.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">40</p>
</td>
<td width="17%">
<p align="center">2.6</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">15.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">34</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">18.9</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">20</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">11.1</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">14</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">17.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">42</p>
</td>
<td width="17%">
<p align="center">1.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">32.3</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">7</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">70</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">694</p>
</td>
<td width="17%">
<p align="center">90.9</p>
</td>
<td width="18%">
<p align="center">20</p>
</td>
<td width="24%">
<p align="center">7.6</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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		<title>Absorbtion Rates for Bellingham June-9-08</title>
		<link>http://bellinghamrealestate.wordpress.com/2008/06/09/absorbtion-rates-for-bellingham-june-9-08/</link>
		<comments>http://bellinghamrealestate.wordpress.com/2008/06/09/absorbtion-rates-for-bellingham-june-9-08/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 18:53:05 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://bellinghamrealestate.wordpress.com/?p=181</guid>
		<description><![CDATA[Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.



This is a very interesting way to look at the market, as of today:
Average [...]]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p>Absorption rate is average number of homes sold per month over a particular period of time. The months to sell is a reflection of the absorbtion rate, how long it will take to sell the current inventory at the said absortion rate.</p>
<div class="post">
<div class="entry">
<div class="snap_preview">
<p>This is a very interesting way to look at the market, as of today:</p>
<p>Average List Price $503,240 Days on the market 103</p>
<p>Median List Price $375,000Days on the market 69</p>
<table border="0" cellspacing="3" cellpadding="3" width="94%" align="center">
<tbody>
<tr>
<td width="25%">
<p align="center">Price Range</p>
</td>
<td width="16%">
<p align="center">Active Listings</p>
</td>
<td width="17%">
<p align="center">Monthly Absorbtion Rate</p>
</td>
<td width="18%">
<p align="center">Pending Past week</p>
</td>
<td width="24%">
<p align="center">Months to sell Current Inventory</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center"> </p>
</td>
<td width="16%">
<p align="center"> </p>
</td>
<td width="17%">
<p align="center"> </p>
</td>
<td width="18%">
<p align="center"> </p>
</td>
<td width="24%">
<p align="center"> </p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Up to $199,999</p>
</td>
<td width="16%">
<p align="center">21</p>
</td>
<td width="17%">
<p align="center">3.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">5.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">200,000-299,999</p>
</td>
<td width="16%">
<p align="center">215</p>
</td>
<td width="17%">
<p align="center">37.9</p>
</td>
<td width="18%">
<p align="center">5</p>
</td>
<td width="24%">
<p align="center">5.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">300,000-399,999</p>
</td>
<td width="16%">
<p align="center">141</p>
</td>
<td width="17%">
<p align="center">24.1</p>
</td>
<td width="18%">
<p align="center">6</p>
</td>
<td width="24%">
<p align="center">5.9</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">400,000-499,999</p>
</td>
<td width="16%">
<p align="center">103</p>
</td>
<td width="17%">
<p align="center">12.2</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">8.4</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">500,000-599,999</p>
</td>
<td width="16%">
<p align="center">48</p>
</td>
<td width="17%">
<p align="center">4.5</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">10.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">600,000-699,999</p>
</td>
<td width="16%">
<p align="center">41</p>
</td>
<td width="17%">
<p align="center">2.6</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">15.8</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">700,000-799,999</p>
</td>
<td width="16%">
<p align="center">30</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">16.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">800,000-899,999</p>
</td>
<td width="16%">
<p align="center">21</p>
</td>
<td width="17%">
<p align="center">1.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">11.6</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">900,000-999,999</p>
</td>
<td width="16%">
<p align="center">14</p>
</td>
<td width="17%">
<p align="center">.8</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">17.5</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">1,000,000-1,999,999</p>
</td>
<td width="16%">
<p align="center">40</p>
</td>
<td width="17%">
<p align="center">1.3</p>
</td>
<td width="18%">
<p align="center">1</p>
</td>
<td width="24%">
<p align="center">30.7</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">2,000,000+</p>
</td>
<td width="16%">
<p align="center">7</p>
</td>
<td width="17%">
<p align="center">.1</p>
</td>
<td width="18%">
<p align="center">0</p>
</td>
<td width="24%">
<p align="center">70</p>
</td>
</tr>
<tr>
<td width="25%">
<p align="center">Totals</p>
</td>
<td width="16%">
<p align="center">681</p>
</td>
<td width="17%">
<p align="center">90.9</p>
</td>
<td width="18%">
<p align="center">15</p>
</td>
<td width="24%">
<p align="center">7.5</p>
</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
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