Serving Bellingham & Whatcom County
Serving Bellingham & Whatcom County
Coldwell Banker Bain
Tom DeRose :: Wireless: 360-220-9355 :: Email: tderose@coldwellbankerma.com

Home Sale Prices in South Hill

Posted on February 1, 2010
The median selling price of homes in South Hill neighborhood peaked in 2006 as seen in the graph. dipped in 2007, rebounded a bit in 2008, and dipped again in 2009.
 
Most homes in South Hill sell for at least $450,000, and up to over a million dollars. Therefore, in this market where high priced homes have been hit the hardest with declines, South Hill has seen a general decline in the median sale price.
 
 
 
 
 
                              (in thousands of dollars)
 
The decline in median sale price has two components:
- home are selling for less than they were 3 and 4 years ago,
- the most expensive homes are not selling, or are not being put on the market for sale.

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