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

The Average Sales price is down 10.4% compared to May 08 and up 10.3% compared to April 09.
The Median Sales prices is down 0.7% compared to May 08 and up 9.0% compared to April 09.
The number of sales is down by 9 or 39% to May 08 and is up by 3 or 27.3% compared to last month April 09.
If you would like some info about Ferndale real estate or living in Ferndale visit my website at BellinghamProperty.com or give me a call.

The following is a quick analysis of the Blaine real estate market.
The Average Sales price is down 20.3% compared to May 08 and up 6.1% compared to April 09.
The Median Sales prices is down 20.8% compared to May 08 and down 10.1% compared to April 09.
The number of sales is down by 9 or 39% to May 08 and is up by 3 or 27.3% compared to last month April 09.
Condo Analysis for Blaine/Birch Bay
It is pretty amazing looking at these numbers, the number of Blaine condo sales are pretty small, skewing the numbers as they have been the past few months.
The following is a quick analysis of the Residential Bellingham real estate market.

The Average Sales price is down 9.3% compared to May 08 and down 6.9% compared to last month April 09.
The Median Sales prices is the same as May 08 and up by 11 compared to April 09.
The number of sales is up down by 8 or 10% compared to May 08 and up by 16 or 29% compared to last month April 09.

Condo Analysis for Bellingham

Average Condo sale price is down 8.6% from May 2008 and down 35.5% from last month - April 2009
Median Sales Price is down 10,1% from May 2008 and up 18.1% from last month - April 2009
The number of condo sales is down by 22 compared to May 2008 and down by 18 compared to last month - April 2009.
Prices are coming down in Bellingham, and there are some great values in the Bellingham market right now, and interest rates are still extremely low. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
There is also a newly passed First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.
If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981
The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.

There are currently 117 homes for sale. Homes are priced from $110,000 - $995,000
Condo Analysis for Sudden Valley
There are currently 8 condos for sale. Condos are priced from $89,500 - $299,900
There are some great values in the Sudden Valley market right now, and interest rates are still extremely low.
Don't forget about the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years, ask your lender about using that tax credit for part of you downpayment or closing costs.
You might want to talk to your banker to see what you can afford. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
If you have any questions or want to see any Sudden Valley homes or condos feel free to email me or give me a call at 360-739-6981.
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