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Elaine A. Cook-Bellingham Real Estate

Bellingham, WA Bellingham Housing Stats

 While some are saying it is a total Buyer's market..it is, AND it is NOT! The $250-$290k homes in Bellingham proper, are still seeing offers, multiple offers and shorter days on the market and yet there are still some great "steals."

Higher priced homes...Buyer's market. Just look at the difference between average list price and average sold price. The higher priced homes are moving...very slowly! Does that mean there is a killing to be made...it depends upon the situation of the specific seller. That can't be said enough.

More homes sold in Bellingham this year than last year! Although there was a very slight reduction in prices in some areas in the county, Bellingham saw a slight increase!

There are currently 254 homes under contract in Whatcom County. That is a good start for the year!

We have been blessed to not be a part of the national "norm." Remember this when you hear those national numbers...real estate is local; interest rates are national.

Residential Only

Whatcom Co

Bellingham

Barkley Area

Total Active Listings

1437

532

102

AVG List Price

$431,725

$470,490

$429,900

AVG Days on Market

132

126

108

Total Sold - 2007

2680

1219

224

Total Sold - 2006

2812

1197

239

AVG Sold Price - 2007

$339,194

$382,178

$338,826

AVG Sold Price - 2006

$329,795

$368,312

$349,962

AVG Sold Days on
Market - 2007

99

93

94

AVG Sold Days on Market - 2006

74

65

63

Statistics provided by NWMLS