The prices in real estate in Bellingham, in the Washington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bellingham has fallen in the last 6 months. In June, the average price per sq.feet was $402. In the following month the price per sq.feet decreased to $380. In the following two months the price per sq.feet has barely changed, going from $391 to $388 per sq.feet. The price per sq.feet has decreased 95 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $389.5 to $369 during October, and November.
Based upon to the price in Bellingham (cities), this has gone downing the last 6 months. In our first sample month during June, the average price is $764,778. In July This price remains at $741,828. During the following two months (August, September) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $730,520 to $676,229 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $673,514 they are 38 % more affordable than the average price for Bellingham. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $733,392.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $385 / sq.feet, with an average $364 / sq.feet price in Bellingham. The properties with the highest average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 3 bedrooms with a price at $400 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $673,514 it is 52 % cheaper than the average price in Bellingham. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $476,364 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $359 / sq.feet followed by "Condo" priced at $402 / sq.feet. "Office" is the most costly type of property with a $1,550 / sq.feet cost followed by "Land" with an average price of $614 / sq.feet.