The Bellingham Real Estate Guy

Let Michael be your "Eyes on Bellingham Real Estate"

Michael Eisenberg
eXp Realty

360-739-6981 REALTOR®
michael.e@exprealty.com

Day 2 – 365 Things To Do In Bellingham, WA – Boulevard Park

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Boulevard Park is truly one of Bellingham’s gems. Our waterfront playground! On a beautiful day like the one I took this video, it is a great place to go for a walk, ride a bike, throw a Frisbee, read a book, have a picnic or anything else you like to do in a park.
[youtube=http://www.youtube.com/watch?v=sER87_qJmbI&hl=en_US&fs=1&]

If your interested in the history of the park you can read about it in “Boulevard Park, and Taylor Avenue Dock on the Old Bellingham Waterfront.” by local historian, author, artist, and civil activist Brian Griffin.

Whatcom County Real Estate Market Report for May, 2009

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Whatcom County Real Estate chart

The following is a quick analysis of the Whatcom County real estate market.

  • There are currently 1586 homes for sale.
  • Homes are priced from $16,000 – $6,995,000
  • Average Asking Price $429,715 Days on Market: 126 days
  • Median Asking Price $339,000 Days on Market: 77 days
  • Homes sold in May: 152
  • Average Listing Price $290,766
  • Average Sold Price $281,527 Days on Market 92
  • Median Listing Price $267,000
  • Median Sold Price $260,320 Days on Market: 47
  • Homes Pending this week: 66 Total Homes Pending: 434

  • Average Sales Price April 2008: $300,903
  • Median Sales Price April 2008: $263150
  • Sold in March April : 180

The Average Sales price is down 6.4% compared to May 08 and down 3.6% compared to last month.

The Median Sales prices is down 1.1% compared to May 08 and up 2.3% compared to last month.

The number of sales is down by 28 or 15.6% compared to May 08 and up by 11 or 7.8% compared to last month.

Condo Analysis for Whatcom County

Whatcom County Real Estate chart

  • Currently Active Listings: 503
  • Price range of active listings – $24,900 – $1,565,000
  • Average List Price $261,734 Days on Market: 192
  • Median List Price $199,900 Days on Market: 120
  • Sold in May: 18
  • Average Listing Price $204,819
  • Average Sold Price $194,661 Days on Market: 185
  • Median Listing Price $204,750
  • Median Sold Price $199,975 Days on Market: 163
  • Condos Pending (went under contract) last week: 14 Total Condos Pending: 53
  • Average Sales Price May 2008: $206,989
  • Median Sales Price May 2008: $196,975
  • Sold in May 2008: 52

The Average Sales price is down by 6.0% compared to May 08, and down 17.8% over last month.

The Median Sales prices is up by 1.6% compared to May 08 and down by 11.3% over last month.

The number of sales is down by 34 or 65% compared to May 08 and down by 6 or 25% compared to last month.

Buyers: 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.

Sellers: There is still a lot of competition right now and if you don’t want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, 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
  • Have a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Whatcom County real estate or living in Whatcom County send me an email or give me a call.

2009 Welding Rodeo Sculpture Competition

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This  Friday and Saturday, May 15 and 16, Bellingham Technical College’s Welding Technology Program will be hosting the 8th Annual Welding Rodeo Sculpture Competition

Friday will be the Amateur Competition and Saturday the Pro’s will  take over. This sculpture competition will have 10 teams, (each consisting of 4 people)  selecting scrap metal, designing, and fabricating a finished sculpture in just 8 hours.

There will be individual and team prizes for contest winners, as well as an opportunity to exhibit on BTC’s campus.

All sculptures will be available at a public auction, with the proceeds benefiting the BTC Welding Student Scholarship Fund, the Welding Rodeo, and participating artists.

The year’s theme is “Space”

The rodeo started out to bring attention to the schools welding program and recruit interested students as well as raise funds for scholarships for those in the welding program. It was a one day event with five teams that has changed into a popular event that has given Bellingham Technical College and its welding program some popularity.

The popularity of the welding program has grown tremendously since the beginning of the rodeo eight years ago. There are presently about 150 students in the program

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