The Market Report for February 2023 reflects a Seller's market!
In Whatcom County, the number of for sale listings was down 2.2% from the previous month. The number of sold listings increased 22.9% month over month and the number of pending sales was up 24.3% compared to previous month. Based on closed sales, the months of inventory for Whatcom County was 2.8 in February.
The average sold price per square footage was up 4.7% compared to previous month. The median sold price increased by 4.8% from last month. Listings reflected an increase in days on market compared to the prior month. The ratio of sold price vs. original list price was 96%.
Check out the details of the February 2023 Market Reports below.
Area | Median Sold Price | New Listings | Active Listings | Sold Listings |
Whatcom County | $587,000 | 197 | 361 | 129 |
Bellingham | $695,000 | 46 | 75 | 49 |
Sudden Valley | $517,000 | 9 | 11 | 6 |
Lynden | $591,000 | 25 | 41 | 12 |
Ferndale | $640,000 | 37 | 58 | 25 |
Birch Bay / Blaine | $483,000 | 39 | 68 | 18 |
Mount Baker / Deming | $370,000 | 14 | 39 | 9 |
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