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Whatcom County - WCRER Housing Market Data - Third Quarter 2009

According to the Washington Center for Real Estate Research 2009 Third Quarter Housing Analysis; Whatcom County home re-sales (# of units sold) were up 11.1% from the previous quarter, and up 0.9% from the third quarter in 2008. Statewide home re-sales (# of units sold) were up 15.6% from the previous quarter and up 2.6% from the third quarter in 2008. Overall building permits in Whatcom County are down -33.3% from the third quarter of the previous year, in comparison to the -39.1% reduction statewide. The median re-sale home price in Whatcom County is up to $255,300 (down -7.2% from the third quarter in 2008), slightly below the statewide median of $260,000 (down -7.6% from the third quarter of 2008). The 2009 third quarter Housing Affordability Index (HAI) was 111.5 for Whatcom County, lower than the statewide index of 122.8.

See full data: http://www.wcrer.wsu.edu/WSHM/WSHM.html

Skagit County - WCRER Housing Market Data - Third Quarter 2009

According to the Washington Center for Real Estate Research 2009 Third Quarter Housing Analysis; Skagit County home re-sales (# of units sold) were up 14.6% from the previous quarter, and down -9.7% from the third quarter in 2008. Statewide home re-sales (# of units sold) were up 15.6% from the previous quarter and up 2.6% from the third quarter in 2008. Overall building permits in Skagit County are down -16.5% from the third quarter of the previous year, in comparison to the -39.1% reduction statewide. The median re-sale home price in Skagit County is down to $233,600 (down -8.4% from the third quarter in 2008), below the statewide median of $260,000 (down -7.6% from the third quarter of 2008). The 2009 third quarter Housing Affordability Index (HAI) was 121.7 for Skagit County, slightly lower than the statewide index of 122.8.

See full data: http://www.wcrer.wsu.edu/WSHM/WSHM.html

WCRER Housing Analysis/ 2009 2nd Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2009 Second Quarter Housing Analysis; Whatcom County home re-sales were up 10.0% from the previous quarter, and down -15.7% from the second quarter in 2008. Statewide home re-sales were up 11.6% from the previous quarter and down -15.6% from the second quarter in 2008. Overall building permits in Whatcom County are down -51.1% from the second quarter of the previous year, in comparison to the -55.5% reduction statewide. The median re-sale home price in Whatcom County is up to $265,000 (down -5.4% from the second quarter in 2008), slightly below the statewide median of $265,100 (down -9.2% from the second quarter of 2008). The 2009 second quarter Housing Affordability Index (HAI) was 110.3 for Whatcom County, lower than the statewide index of 123.2

WCRER Housing Analysis/ 2009 1st Quarter/ Whatcom County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Whatcom County home re-sales were down -4.3% from the previous quarter, and down -32.8% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Whatcom County are down -53.8% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Whatcom County is down to $259,900 (down -7.2% from the first quarter in 2008), above the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 109.6 for Whatcom County, lower than the statewide index of 125.5

WCRER Housing Analysis/ 2009 1st Quarter/ Skagit County WA

According to the Washington Center for Real Estate Research 2009 First Quarter Housing Analysis; Skagit County home re-sales were down +1.6% from the previous quarter, and down -37.6% from the first quarter in 2008. Statewide home re-sales were down -8.6% from the previous quarter and down -30.6% from the first quarter in 2008. Overall building permits in Skagit County are down -62.0% from the first quarter of the previous year, in comparison to the -53.3% reduction statewide. The median re-sale home price in Skagit County is down to $245,900 (down -14.0% from the first quarter in 2008), below the statewide median of $253,500 (down -13.7% from the first quarter of 2008). The 2009 first quarter Housing Affordability Index (HAI) was 114.9 for Skagit County, lower than the statewide index of 125.5