May 23, 2010

Whatcom County Real Estate Market Report for April, 2010

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

  • Average List Price $396,484 Days on the Market: 125
  • Median List Price: $319,000
  • Sold in April: 171
  • Average Sales Price: $272,324 Days on the Market: 94
  • Median Sales Price: $253,000
  • Pending Sales in April: 309 Average List Price: $279,585 Days on the Market: 87
  • Average Sales Price  April, 2009: $284,211
  • Median Sales Price  April, 2009: $260,500
  • Sold in  April, 2009: 144

The Average Sales price is down 4.1% compared to  April, 09.

The Median Sales prices is down 2.9% compared April, 09.

The number of sales is up 27 compared to  April, 2009.

Condo Analysis for Bellingham

  • Average List Price $240,871 Days on the Market: 160
  • Median List Price $189,900
  • Sold in  April: 32
  • Average Sales Price: $218,284   Days on the Market: 136
  • Median Sales Price: $189,900
  • Pending Sales in April: 63 Average List Price: $243,996 Days on the Market: 117
  • Average Sales Price  April, 2009: $245,552
  • Median Sales Price  April, 2009: $233,500
  • Sold in  April, 2009: 22

Average Condo sale price is down 11.1% from  April, 2009

Median Sales Price is down 19.1% from April, 2009

The number of sales is up 10 compared to April,  2009

If you look at the graph you can see that the  residential  market prices are on an overall downward trend but rising the past few months

Meanwhile interest rates are still extremely low and there are some great values in the Bellingham market right now. 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.

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

Posted in General, Market Reports
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