The June 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for the summer season. Bellingham listings were on the market for an average of 9 days. That's a 47% decrease from June 2021.
The lack of inventory plays a large role in the increase of home prices. However, there has been a drastic increase in the amount of homes hitting the market. The average available listings had a 102% increase compared to June of last year, 2021, in Whatcom County. Sales are stable, but inventory is going up.
Dig into the details of the June 2022 Market Reports below.
|Area||Avg. Sold Price||New Listings||Active Listings||Sold Listings|
|Birch Bay / Blaine / Point Roberts||$580,000||107||139||45|
|Mount Baker / Deming||$412,000||74||83||37|
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